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    1427 N Fountain St Wichita, KS 67208

    New
    For Sale
    $350,000

    Other - Wichita, KS

    Property size:
    768 SF
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 1427 N Fountain St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Smoke Detector(s)
    APN
    087-121-11-0-43-06-019.00
    Appliances
    Dishwasher, Garbage Disposer, Refrigerator, Washer
    Size
    768 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Electric

    Building Details

    Year built
    1949
    Number of units
    4
    Flooring type
    Carpet
    Building materials
    Brick, Brick Veneer, Masonite
    Roof type
    Composition
    Architectural style
    Other

    Coldwell Banker Plaza Real Estate (316) 686-7121 [email protected]

    Listing agent Lisa Andrews (316) 686-7121 License #00243123

    Listing date Dec 3, 2025

    MLS# 665508 Listing URL

    Copyright © 2025 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.

    Overview

    Turnkey Rental Portfolio in Wichita

    This turnkey 4-property rental portfolio offers immediate income, with all four homes fully occupied. The properties have a strong rental history and stable tenancy, presenting a solid opportunity for investors seeking multiple single-family units in established rental areas. The portfolio includes properties at 1427 N Fountain, 1428 N Fountain, 1233 N Terrace, and 1602 N Terrace, all located in Wichita, KS 67208. The total monthly rent is $2,950, resulting in an annual gross rent of $35,400. The property at 1427 N Fountain generates $800 per month, 1428 N Fountain generates $750 per month, 1233 N Terrace generates $600 per month, and 1602 N Terrace generates $800 per month. The combined size of the properties is 768 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.288143
    Latitude
    37.709108

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    FAQs

    What type of property is this?
    Quadplex - Four fully occupied properties with strong rental history for immediate income.
    Where is this quadplex located?
    The property is located at 1427 N Fountain St Wichita, KS.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Turnkey rental portfolio with **4 fully occupied properties** for immediate income.; - Strong rental history and stable tenancy.; - Generates a total monthly rent of $2,950 and annual gross rent of $35,400.
    (316) 686-7121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1427 N Fountain St Wichita, KS 67208
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