2bd
1ba
864 sqft

1629 S Richmond Ave, Wichita, KS 67213

This house listed courtesy of Berkshire Hathaway PenFed Realty. Listing Agent: Dave Brown

High-Yield Investment Opportunity in SW Wichita – 2 Bed / 1 Bath Home 1629 S. Richmond Ave, Wichita Online Only Auction: Bidding Begins: Wed, Sept. 23rd @ 2:00 PM Bidding Concludes: Wed, Sept 30th @ 6:30 PM Looking to add a reliable cash-flowing asset to your rental portfolio or jump into your next project? Don't miss this high-upside investment opportunity at 1629 S Richmond Ave in Wichita's Stanley-Alley neighborhood! Proven Income Potential: According to Rentometer, average area rent for comparable 2-bedroom homes is $925/month ($11,100 gross annual income)—offering double-digit gross yield potential for buy-and-hold investors. Built in 1930, this 864 sq. ft. single-family home sits on a generous 0.16-acre lot (6,970 sq. ft.) featuring a fully fenced backyard with a storage shed. Equipped with central heating and air, off-street parking, and main-floor washer/dryer hookups, this property combines low overhead with low immediate capital expenditure requirements. Beds/Baths: 2 Bed / 1 Bath Living Area: 864 Sq. Ft. Lot Size: 6,970 Sq. Ft. | Fenced Backyard + Storage Shed Market Rent: $925/mo Average Rentometer Comps Mechanicals: Central Heating & A/C, Washer/Dryer Hookups Location: Wichita USD 259 School District | Fast access to S Seneca St & W Pawnee St

Year Built: 1930
Tot Bed: 2
Tot Baths: 1
Garage: 0
TFLA: 864
Basement: None
Gen Tax: $820.00/YR
Yr Spec: $4.00/YR

More features

Appliances:
Architecture: Bungalow
Basement: None
Basement Foundation: None,Crawl Space
Cooling: Central Air
Dining Area: Kitchen/Dining Combo
Exterior Amenities: Frame w/Less than 50% Mas,Vinyl/Aluminum
Exterior Construction:
Fireplace:
Flood Insurance: Unknown
Frontage: Paved Road
Garage: None
Heating: Forced Air
Hoa Include:
Interior:
Internet:
Kitchen:
Laundry: Main Floor
Lot Desc: Standard
Master Bedroom:
Neighborhood:
Other Rooms:
Ownership: Individual
Roof: Composition
Utilities: Sewer Available,Natural Gas Available,Public
Warranty:

Schools

Elementary School: Woodman
Middle School: Hamilton
High School: West

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^*Amount reflects principal and interest. Monthly mortgage insurance and taxes and homeowners insurance not included.

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The data relating to real estate on this web site comes in part from the South Central Kansas MLS, and includes listings held by other brokerage firms. All information is deemed reliable, but not guaranteed, and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Crown III Realty shall be responsible for typographical errors, misinformation, misprints, and shall be held totally harmless. Listing information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.