$309,900
 $1,664 est/mo Sourced by Back At You

3421 & 3423 E Penley Dr,Wichita, KS 67218

Wichita, KS 67218

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Description

Turnkey Multi-Unit Investment, $3,250/mo Current Income, Solid Brick construction. Exceptional income asset near St. Joseph Hospital. This unique property offers four functional living spaces (two main-level 2-bed/1-bath units and two lower-level spaces with kitchen, bath, and laundry hookups). Lower-level bedrooms currently feature non-conforming windows-ideal for an investor looking to install egress windows and maximize long-term equity. or house-hack, live in one unit while the remaining three offset your mortgage. Financial Highlights & Key Features: Gross Income: $3,250/month ($39,000/year gross). Unit 3421 A ($800/mo), Unit 3421 B ($800/mo), Unit 3423 A ($900/mo), Unit 3423 B ($750/mo). Capital Upgrades: Brand-new HVAC installed in 2024; second system replaced in 2018. Low Maintenance: Durable brick exterior and 4 dedicated off-street parking spots. Tenants in 3423 take care of the yard. Upside: Clear value-add potential by upgrading lower-level egress windows and transitioning utility responsibilities to tenants. Landlord pays electric, gas & water on 3423 (A&B) and pays all trash.

Details

MLS #678425
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1947
Days On Site12
Listing Provided ByWheat State Realty, LLC | Dwight Boyce

Features

SQ Feet3,255
BasementY
Units2
Acreage8061.00

Parking

Parking Features1 per Unit, On Street

Taxes

Property2926

Area Information

StateKS
CountySedgwick
CityWichita
Zip Code67218
AreaSCKMLS
School DistrictEast
Elementary SchoolGriffith
High SchoolEast
Listing VS Median (in 67218)
Price:
$309,900
low | high
Med:
$160,000
98.37044207809% of Average
sqft:
3,255
low | high
Med:
1,250
100% of Average
$ / sqft:
$95
low | high
Med:
$128
15.556631171346% of Average
On site:
12
low | high
Med:
2
100% of Average
Sourced by Back At You

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MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® of South Central Kansas.

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Learn More About This Property

Cental Kansas Realty

Cental Kansas Realty

 (785) 827-3641118255@stagebackatyou.com
StateKS
CountySedgwick
CityWichita
Zip Code67218
AreaSCKMLS
School DistrictEast
Elementary SchoolGriffith
High SchoolEast
Listing VS Median (in 67218)
Price:
$309,900
low | high
Med:
$160,000
98.37044207809% of Average
sqft:
3,255
low | high
Med:
1,250
100% of Average
$ / sqft:
$95
low | high
Med:
$128
15.556631171346% of Average
On site:
12
low | high
Med:
2
100% of Average
Sourced by Back At You
Listing Updated: September 7, 2026 at 5:42:22 PM PDT

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Central Kansas Realty
631 E Crawford
Salina, KS 67401
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MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® of South Central Kansas.
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