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505 S Meridian Ave

Wichita, KS 67213
  • $125,000
  • STATUS: Active
  • MLS #: 668934
New
$125,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 912
    SQFT
  • $137
    $/SQFT
Type:
Multi-Family
Built:
1930
County:

School Information

Elementary School:
Middle School:
High School:

Listing information © 2026 South Central Kansas MLS.
Listing provided courtesy of Patrick Dreiling of Dreiling Realty & Auction, LLC .




Description

Well-maintained duplex featuring two 1-bedroom, 1-bathroom units, ideal for investors or owner-occupants. One side is currently rented to a reliable long-term tenant who would love to stay, providing immediate income, while the other unit is vacant and rent-ready, offering flexibility for a new tenant or owner occupancy. Each unit is separately metered for gas and electricity, helping keep operating costs predictable. Water is paid by the owner and averages just $60–$70 per month. Both units include a refrigerator and stove, along with convenient washer/dryer hookups. The property also features central heating and air in both units, onsite parking, and a shared garage space for storage. Located close to Friends University, this duplex presents a great opportunity to expand your rental portfolio or live in one unit while generating income from the other.

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This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2026 South Central Kansas MLS. All rights reserved. IDX information provided is 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. Data last updated: 2026-03-07T00:01:06.243.
www.amazingkshomes.com/homes/173520081
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505 S Meridian Ave Wichita, KS 67213

  • Price: $125,000
  • Status: Active
  • On Site: Days
  • MLS #: 668934
0
Beds
0
Baths
0
½ Baths
N/A
Acres
912
SQFT
$137
$/SQFT
1930
Built
County:
Sedgwick
Elementary School:
Lawrence
Middle School:
Marshall
High School:
West
School District:
Wichita School District (Usd 259)
Property Description
Well-maintained duplex featuring two 1-bedroom, 1-bathroom units, ideal for investors or owner-occupants. One side is currently rented to a reliable long-term tenant who would love to stay, providing immediate income, while the other unit is vacant and rent-ready, offering flexibility for a new tenant or owner occupancy. Each unit is separately metered for gas and electricity, helping keep operating costs predictable. Water is paid by the owner and averages just $60–$70 per month. Both units include a refrigerator and stove, along with convenient washer/dryer hookups. The property also features central heating and air in both units, onsite parking, and a shared garage space for storage. Located close to Friends University, this duplex presents a great opportunity to expand your rental portfolio or live in one unit while generating income from the other.
Exterior Features

Construction Materials Masonite Parking Features 1 per Unit Parking Total 2 Roof Composition

Interior Features

Appliances RangeRefrigerator Basement Unfinished Basement Finish Per None Basement Use Tenant Storage Cooling Electric Flooring Wood Heating Natural GasForced Air

Property Features

Architectural Style Side by Side Association YN No Current Financing None Lot Size Area 6534 Number Of Efficiency Units 2 Owner Finance YN No Ownership Corporate Property Sub Type Duplex Tax Annual Amount 718.33 Tax Year 2025 Terms Of Tenancy 6 Months to 1 Year Transaction Type For Sale Utilities Natural Gas AvailableSewer Available Water Source Public

Listing courtesy of Patrick Dreiling of Dreiling Realty & Auction, LLC: .


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2026 South Central Kansas MLS. All rights reserved. IDX information provided is 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. Data last updated: 2026-03-07T00:01:06.243.
 
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Berkshire Hathaway HomeServices PenFed Realty
1617 N Waterfront Parkway, Suite 100
Wichita KS, 67206

Listing information © 2026 South Central Kansas MLS.
Listing provided courtesy of Patrick Dreiling of Dreiling Realty & Auction, LLC .