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Marsha Hill

marsha.hill@exprealty.com +1(316) 285-9446

Listed by Dave Brown • Berkshire Hathaway PenFed Realty

Est. payment | -/mo

2 Beds

1 Bath

864 SqFt

Save

Est. payment | -/mo

Save

2 Beds

1 Bath

864 SqFt

Open House

Sun Sep 13, 2:00pm - 4:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Onsite Built

Listing Status Active

Purchase Type For Sale

Square Footage 864 sqft

Subdivision Garfield

MLS Listing ID SCK677547

Style Bungalow

Bedrooms 2

Full Baths 1

Total Fin. Sqft 864

Year Built 1930

Annual Tax Amount $820

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 7164

Property Sub-Type Single Family Onsite Built

Source sckansas

Property Description

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

Location

State KS

County Sedgwick

Direction From Harry and Meridian, W on Harry to Richmond Ave, Left to home

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Heat Source Forced Air

Laundry Main Floor

Exterior

Parking Features None

Utilities Available Sewer Available, Natural Gas Available, Public

View Y/N Yes

Roof Type Composition

Street Surface Paved Road

Building

Lot Description Standard

Foundation None, Crawl Space

Above Ground Finished SqFt 864

Architectural Style Bungalow

Level or Stories One

Schools

Elementary Schools Woodman

Middle Schools Hamilton

High Schools West

School District Wichita School District (Usd 259)

NEARBY SCHOOLS & PROPERTIES

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(316) 285-9446

marsha.hill@exprealty.com

801 E Douglas, #683, Wichita, KS 67202, USA

1629 S Richmond Ave Wichita, KS 67213