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121-127 W 31st St N St

Wichita, KS 67204
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Bed --

Bed

Bath 0

Bath

SqFt2,048

Sqft

SqFt6,539

Sqft(Lot)

This fully occupied, income-producing quadplex in northwest Wichita offers an exceptional opportunity for investors seeking strong, consistent returns and a well-maintained property in a desirable location. The building includes three 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit, each thoughtfully designed to provide a comfortable living space with a functional kitchen, inviting living room, and updated bathroom featuring a tub/shower combo. Every unit is equipped with a refrigerator and range/oven, adding convenience for tenants and simplifying management for the owner. The property has been well cared for, with solid rental history and dependable occupancy, making it an ideal turnkey investment. The three 1-bedroom units currently rent for $525 per month each, and the 2 -bedroom unit rents for $600, resulting in a total gross monthly income of $2,175. Tenants appreciate the property’s convenient location near schools, shopping, dining, and major roadways, contributing to ongoing demand and tenant retention. With its combination of steady income, strong tenant appeal, and potential for future appreciation, this property represents a secure, income-generating asset in one of Wichita’s established residential areas. Whether you’re looking to expand your rental portfolio or acquire a stable investment with proven cash flow, this fully leased quadplex is a rare opportunity to step into ownership with immediate returns. Buyer should verify school assignments as they are subject to change. All information deemed reliable but not guaranteed.

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Detail Ic Property Details

Property Type : Residential Income

Price : $200,000

AD Id : 78456374

MLS Id : 672885

Lot Size : 6,539 Sqft

Living Area Size : 2,048

Year Built : 1950

County : Sedgwick

Subdivision: Hamilton On Hunter South

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Feature Features

  • Room Information

    Basement: None
  • Roofing Information

    Other
  • Interior Features

    Roof: Other Appliances: Disposal, Range, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1950 Construction Materials: Block, Frame Private Pool: No

  • Lot Information

    Main Square Feet: 6539

    Property Information

    Subdivision: JONES PARK Source Property Type: Residential Income Property SubType: Multi Family Property Age: 76

  • Listing Price Information

    Listing Price: $200000

  • Tax Information

    Parcel Number: 099-32-0-44-03-002.00 Tax Year: 2025 Annual Tax: $928.97 Tax Legal Desc: LOTS 1-2 BLOCK 21 JONES PARK ADD.

  • Parking Information

    Parking Total: 4 Paved, On Street

  • School Information

    Elementary School: Ortiz
    Junior High School: Pleasant Valley
    Senior High School: Heights
  • Utility Information

    Natural Gas Available, Sewer Available
  • Location Information

    Direction: W. 29th St. N. & N. Arkansas Ave. - East on 29th St, North on Wellington, East on 31st WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2817-2819 W 55th St N, Wichita, KS, 67204 $355,500 -- -- 2,352 2,352 SqFt
2503-2501 W 55th St N St, Wichita, KS, 67204 $355,000 -- -- 2,352 2,352 SqFt
2509-2507 W 55th St N St, Wichita, KS, 67204 $355,000 -- -- 2,352 2,352 SqFt
2515-2513 W 55th St N St, Wichita, KS, 67204 $355,000 -- -- 2,352 2,352 SqFt
2519-2521 W 55th St N St, Wichita, KS, 67204 $355,000 -- -- 2,352 2,352 SqFt
2605-2607 W 55th St N St, Wichita, KS, 67204 $355,000 -- -- 2,352 2,352 SqFt
2611-2613 W 55th St N St, Wichita, KS, 67204 $355,000 -- -- 2,352 2,352 SqFt
2617-2619 W 55th St N St, Wichita, KS, 67204 $355,000 -- -- 2,352 2,352 SqFt
2701-2703 W 55th St N St, Wichita, KS, 67204 $355,000 -- -- 2,352 2,352 SqFt
2707-2709 W 55th St N St, Wichita, KS, 67204 $355,000 -- -- 2,352 2,352 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the South Central Kansas MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 South Central Kansas MLS. All Rights Reserved.

ByOwner last updated this listing 06/20/2026 @ 02:20

MLS: 672885 LISTED BY: Shane Phillips, Reece Nichols South Central Kansas 316-978-9777 SOURCE: South Central Kansas MLS

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