412 E. Indianapolis St.

(SE)

Last modified: 8 months ago | Page views: 696

$1,415.00/M

BUILT 1900

3,320 SQ. FT.

Auction Timeline

Auction Dates

Auction Began: 3/23/23 at 5:30 PM (CT)

Add To Calendar

About This Property

Live Stream Auction Event! This property is being offered in a multi-property auction via live stream with real-time bidding! Property is selling with clear title at closing and no back taxes. Open house on all properties Sunday, March 19th 1-5pm.

This two-story home was converted into a quadplex providing four units in Southeast Wichita! The home features a covered front porch with separate entrances. This property provides excellent cash flow and return on investment. Per the seller, all four units were totally gutted and remodeled within the past two years! Also, a new roof was placed in December 2021 with 30-year architectural shingles.

Unit A - Now rented for $495 with a $350 Security Deposit and a lease until 3/2024. studio unit on the main floor. Living room opens up to the bedroom with a full bathroom. Kitchen includes a refrigerator, oven, and pantry.

Unit B - Rented for $425 a month with a $400 security deposit and a lease until 8/31/2023. 1+bedroom, 1-bathroom unit on the upper level. Spacious kitchen with a refrigerator and oven.

Unit C - Tenant will be moving in May 1st. 2-bedroom, 1-bathroom unit on the upper level. Spacious kitchen with a refrigerator and oven.

Unit D - Tenant will be moving in May 1st. Studio unit on the main floor. Living room opens up to the bedroom with a full bathroom. Kitchen includes a refrigerator, oven, and pantry.

The utility room is in the unfinished basement along with additional storage space. Tenants pay $15 a month for trash on top of their rent.