1421 S Main St, Wichita, KS 67213
MULTI_FAMILY - Other - Wichita, KS
- Added:
- Jan 27, 2026
- Days on Market:
- 145
- Last Refresh:
- Jun 21 at 4:06 pm
Property Features for 1421 S Main St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- On Street
- Basement
- Unfinished
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 129-29-0-44-03-022.00
- Size
- 1,300 SF
- Lot size
- 6,970.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 5 MAIN ST. BETHEL'S ADD.
- Tax Annual Amount
- 1264
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Daniel Gutierrez License #00235453 (620) 937-1488
Listing office Keller Williams Hometown Partners 429 S 119th St W, Wichita, KS (316) 729-8500
Listing date Jan 27, 2026
Copyright © 2026 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex offers immediate rental income potential.
- Two separate 1‑bedroom, 1‑bathroom units provide flexibility for investors or owner‑occupants.
- Convenient location with easy access to shops, restaurants, parks, and major transportation routes.
- Each unit has private entrances.
- One unit includes a stove and refrigerator.
- On‑street parking available for each unit.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.4k | $12.60 |
| − Vacancy | −$1.1k | −$0.82 |
| EGI | $15.3k | $11.78 |
| − OpEx | −$4.6k | −$3.53 |
| NOI | $10.7k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.33843
- Latitude
- 37.667254
