Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1709 S Main St Wichita, KS 67213

    Sponsored
    For Sale
    $149,900

    MULTI_FAMILY - Other - Wichita, KS

    Property size:
    1,960 SF
    Lot size:
    6,953.00 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 3 at 11:06 pm

    Property Features for 1709 S Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    12932-00107262
    Parking
    2
    Appliances
    Range, Refrigerator
    Size
    1,960 SF
    Lot size
    6,953.00 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1972
    Number of units
    2
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Megan Rae Niedens

    McCurdy Auction, LLC (316) 683-0612

    Listing agent Megan Rae Niedens (316) 867-3600

    Listing date Mar 3, 2026

    MLS# 669044 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Remodeled Duplex with Income Potential

    This updated duplex presents an opportunity for investment or owner-occupancy. It features two 2-bedroom, 1-bath units, offering rental potential. The front unit is currently rented at $800 per month on a month-to-month lease, with the same tenant in place since 2024. The back unit is vacant and ready for a new tenant or owner-occupant. Both units were professionally remodeled in January 2026 by a licensed general contractor. Updates include full interior repaint (walls, ceilings, baseboards, doors, and cabinets), new bathroom lighting, and new LVP flooring throughout. The interiors showcase a fresh, warm neutral color palette and the functional kitchens offer ample cabinet space and convenient washer/dryer hookups. The front unit includes a refrigerator, range/oven, dishwasher, and dryer. The back unit includes a refrigerator, range/oven, and dishwasher. Exterior features include wood privacy fencing, a carport, and separate gas, electric, and water meters. The property is located in Wichita, KS, in Sedgwick County. The lot size is 6953 acres, and the property size is 1960 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.338492
    Latitude
    37.662056

    Nearby Similar for Sale

    • New
      $249,900
      0.21 Acres

      Versatile Commercial Property in Wichita

      Commercial property with overhead doors, ideal for automotive businesses.
      3419 E Harry St, Wichita, KS 67218
      View Details
    • $350,000
      2,562 SF

      New Duplex Construction Near Highway

      New construction duplex with modern finishes and strong rental potential.
      437 N Grove St, Wichita, KS 67214
      View Details
    • $178,000
      Pending

      Wichita Duplex: Investor Opportunity

      Well-maintained duplex, vacant, rent-ready, great investment or owner-occupancy.
      1205-1207 E Scott St, Wichita, KS 67216
      View Details
    • $379,800
      Pending

      New Duplex with Modern Amenities

      New duplex featuring modern amenities, zero entry, and fenced yard.
      12711 W Cowboy St, Wichita, KS 67235
      View Details
    • $325,000
      Pending

      West Wichita Duplex: Investment Opportunity

      Well-maintained duplex in West Wichita near shopping, dining, and entertainment.
      9323 W 16Th St N, Wichita, KS 67212
      View Details
    • $379,800
      Pending

      New Duplex with Modern Amenities

      New duplex featuring modern amenities, zero entry, and fenced yard.
      12717 W Cowboy St, Wichita, KS 67235
      View Details
    • $149,000
      1,482 SF

      Income-Producing Tri-Plex Near Downtown

      Well-maintained tri-plex with strong rental potential near downtown.
      830 S Market St, Wichita, KS 67213
      View Details
    • $125,000
      Pending

      Wichita Duplex Near WSU

      Well-maintained duplex near Wichita State University, ideal for investors.
      1309 N Lorraine Ave, Wichita, KS 67214
      View Details
    • $149,900
      Pending

      Updated Triplex in Riverside

      Remodeled triplex in Riverside neighborhood, Wichita. Great investment opportunity.
      1103 N Jackson Ave, Wichita, KS 67203
      View Details
    • $255,000
      2,516 SF

      Wichita Duplex with Fenced Yard

      Duplex featuring two units, back patios, and fenced backyard.
      527 N Gordon St, Wichita, KS 67203
      View Details
    • New
      $125,000
      912 SF

      Well-Maintained Duplex Near Friends University

      Duplex with long-term tenant, vacant unit, near Friends University.
      505 S Meridian Ave, Wichita, KS 67213
      View Details
    • New
      $88,000
      1,092 SF

      Wichita Duplex Near WSU

      Side-by-side duplex near Wichita State University with immediate income potential.
      2615 E Stadium Dr, Wichita, KS 67214
      View Details

    FAQs

    What type of property is this?
    Duplex - Updated duplex featuring two 2-bedroom units, move-in ready and income-producing.
    Where is this duplex located?
    The property is located at 1709 S Main St Wichita, KS.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Fully remodeled duplex featuring two 2-bedroom, 1-bath units.; - Immediate income potential with one unit currently rented at $800/month.; - Vacant unit available for new tenant or owner-occupant.
    (316) 683-0612
    Request Owner's contact information
    1709 S Main St Wichita, KS 67213
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1709 S Main St
    Wichita, KS 67213
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1709 S Main St Wichita, KS 67213
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Megan Rae Niedens
    Real Estate License ID: SP00225554
    (316) 683-0612 (316) 204-5928 (316) 867-3600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!