$240,000

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542-544 Paula Ave Wichita, KS, United States 67209

This turnkey, income-producing duplex presents an exceptional investment opportunity offering both immediate cash flow and long-term stability in a desirable, tenant-friendly location. The property includes two well-maintained unitsone featuring 3 bedrooms, 1.5 bathrooms, and a 1-car attached garage currently rented for $1,075 per month, and the other offering 2 bedrooms, 1.5 bathrooms, and a 1-car attached garage renting for $900 per monthtogether generating a strong gross annual income of $23,700. Both units are separately metered, and tenants pay all utilities, providing investors with minimal overhead and simplified management. Each unit showcases matching finishes and thoughtful layouts designed for comfort and practicality, with spacious living areas, functional kitchens, and ample natural light. Additional amenities include large private patios, privacy-fenced yards, and generous onsite parking complemented by convenient street parking options. The propertys recent upgradea brand-new 30-year architectural Weathered Wood roofadds significant value and peace of mind for years to come. Well cared for and consistently occupied, this duplex combines modern appeal, low-maintenance ownership, and reliable income potential. Whether expanding an existing portfolio or stepping into your first multi-family investment, this property stands out as a smart, stable, and ready-to-perform asset in a strong Wichita rental market.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential Income
  • Year Built: 1973
  • Built in 1973
  • Home size: 2,540 ft2 / 235.97 m2
  • MLS: 663537
  • Status: Pending

Property brokered by

ReeceNichols Real Estate

(913) 491-1001

Get more listing details on brokerage site

Presented by Shane Phillips

  • (316) 978-9777 (Office Phone)

Contact Shane Phillips

Contact Agent

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