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Off market
  • $226,300

    3216 S Walnut St, Wichita, KS 67217

    --beds
    --baths
    2,829sqft
    Multi Family
    Built in 1976
    -- sqft lot
    $226,300 Zestimate®
    $80/sqft
    $1,101 Estimated rent

    Home value

    $226,300

    $215,000 - $238,000

    $1,101/mo

    Zestimate® history
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    $1,101/mo

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    $1,101/mo

    Rent Zestimate®

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    $1,185/mo

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    $1,185/mo

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    What's special

    Investment Opportunity! Here's your chance to own a proven income-producing duplex in south Wichita! This property features two side-by-side units, each designed with 2 bedrooms and 1 full bathroom on the main floor, plus a non-conforming bedroom in the basement, creating additional living or storage space for tenants. The floor plans are functional and comfortable, making them appealing to long-term renters. The kitchens in both units are well-equipped, and all kitchen appliances will transfer with the property, adding value and convenience for the next owner. Each tenant provides their own washer and dryer, and because tenants pay for all utilities, your ongoing expenses remain minimal - an excellent setup for investors looking for consistent cash flow. Current leases are already in place: One side is leased for $1,132 per month through August 2025 to July 2026. The other side is leased for $1,162 per month with a term of January 2025 to December 2025. This brings in a combined gross annual income of $27,528, with reliable tenants already established. That stability provides peace of mind and immediate returns for a new owner. The property is located in a convenient south Wichita neighborhood, with easy access to major roads, shopping, schools, and employment opportunities, helping ensure strong rental demand. Whether you're a first-time investor or looking to add to your portfolio, this duplex offers a smart combination of affordability, cash flow, and long-term potential. Schedule a private showing today and secure this turnkey investment before it's gone!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 7 hours ago

    Source: BHHS broker feed,MLS#: 661721

    Facts & features

    Interior

    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dishwasher, Refrigerator
    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,829
    • Total interior livable area: 2,829 sqft

    Property

    Details
    • Parcel number: 087213080220200400A

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1976

    Community & neighborhood

    Location
    • Region: Wichita

    Price history

    DateEventPrice
    11/19/2025Listing removed$230,000$81/sqft
    Source: BHHS broker feed #661721 Report a problem
    9/22/2025Pending sale$230,000$81/sqft
    Source: BHHS broker feed #661721 Report a problem
    9/12/2025Listed for sale$230,000$81/sqft
    Source: BHHS broker feed #661721 Report a problem
    7/15/2025Listing removed$1,095
    Source: Zillow Rentals Report a problem
    7/10/2025Price change$1,095-4.8%
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,285 -4%$21,241
    2023$2,379 +10.6%$21,241
    2022$2,151 +3.8%--

    Find assessor info on the county website

    Neighborhood: Southwest

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.