534 N Richmond Ave
Wichita, KS 67203
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Bed
0
Bath
9,396Sqft
22,651Sqft(Lot)
Investment Offering – 534–544 N Richmond, Wichita, KS Rare opportunity to acquire a well-maintained multifamily package of three side-by-side duplexes arranged in a U-shape with convenient onsite parking and shared greenspace. This six-unit property generates a gross annual income of $75,750 with strong potential for continued rent growth through targeted updates. Each unit features: 2 bedrooms, 1 bath on the main level Finished basement with an additional non-conforming bedroom and living room New LVT flooring installed in basements, providing modern, durable finishes tenants love Recent capital improvements ensure low near-term maintenance: New roofs (installed summer 2025) 5 of 6 air conditioning units updated within the past 2 years With value-add opportunities still available
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Finished -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Dishwasher, Disposal, Range, Refrigerator Laundry Features: In Basement -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Electric
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Building Information
Year Built: 1968 Construction Materials: Other Private Pool: No
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Lot Information
Main Square Feet: 22651Property Information
Subdivision: DAVIDSON 2ND Source Property Type: Residential Income Property SubType: Multi Family Property Age: 58
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Listing Price Information
Listing Price: $750000
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Tax Information
Parcel Number: 136-24-0-11-08-004.00C Tax Year: 2025 Annual Tax: $7340.43 Tax Legal Desc: LOT 20 BLOCK 14 J. O. DAVIDSON'S 2ND. ADD.
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Parking Information
Parking Total: 12 Paved, On Street
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School Information
Elementary School: LawrenceJunior High School: HadleySenior High School: West -
Utility Information
Natural Gas Available, Sewer Available -
Location Information
Direction: EAST ON CENTRAL FROM WEST STREET TO RICHMOND, SOUTH TO HOME WaterSource: Public
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ByOwner last updated this listing 06/15/2026 @ 13:55
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