Homes for sale - 542-544 S Paula Ave, Wichita, KS 67209

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Erica Day

ericadayrealestateco@gmail.com +1(316) 794-6728

Listed by Shane Phillips • Reece Nichols South Central Kansas

$240,000

Est. payment - /mo

2,540 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,540 sqft

Price per Sqft $94

Subdivision Floyd Bailey

MLS Listing ID SCK663537

Style Side by Side

Total Fin. Sqft 2540

Year Built 1973

Annual Tax Amount $2,065

Tax Year 2024

Lot Dimensions 9325

Property Sub-Type Duplex

Source sckansas

Property Description

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 units—one 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 month—together 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 property's recent upgrade—a brand-new 30-year architectural Weathered Wood roof—adds 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.

Location

State KS

County Sedgwick

Direction Kellogg and Tyler, north to Tyler Ct, east to Paula, north to property

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Cooling Electric

Fireplace No

Appliance Disposal, Range, Refrigerator

Heat Source Natural Gas, Forced Air

Exterior

Garage Description More than 2 per Unit, On Street, Attached

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 2

Building

Unit Features [{\"UnitTypeActualRent\":900,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK663537Group_1\"},{\"UnitTypeActualRent\":1075,\"UnitTypeBedsTotal\":3,\"UnitTypeType\":\"3 Bedroom\",\"UnitTypeKey\":\"SCK663537Group_2\"}]

Architectural Style Side by Side

Structure Type Frame,Vinyl Siding

Schools

Elementary Schools Benton

Middle Schools Wilbur

High Schools Northwest

School District Wichita School District (Usd 259)

Others

Security Features Fenced

Financing Conventional

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Erica Day

+1(316) 794-6728

Agent | License ID: 00248235

Agent License ID: 00248235

542-544 S Paula Ave Wichita, KS 67209

Erica Day

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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