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    223 N Mathewson Ave Wichita, KS 67214

    Sponsored
    For Sale
    $622,000

    MULTI_FAMILY - Other - Wichita, KS

    Property size:
    5,317 SF
    Lot size:
    25,600.00 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for 223 N Mathewson Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    00121124 & 00121125 & 00121126 & 00121127
    Parking
    6
    Parking features
    Off Street, On Street
    Appliances
    Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer
    Size
    5,317 SF
    Lot size
    25,600.00 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Window Unit(s), Electric
    Water source
    Public

    Building Details

    Year built
    1920
    Number of units
    9
    Flooring type
    Wood, Carpet, Concrete
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

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

    Listing agent John McKenzie

    Listing date Jan 7, 2026

    MLS# 666652 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.

    Overview

    Wichita Airbnb Investment Portfolio

    This investment portfolio is located in Wichita's Central Business District, blocks from the Old Town District. The properties include a mix of long-term rentals and Airbnb units. The portfolio's flagship asset is a "Speakeasy"-themed Airbnb with multiple bedrooms. Also included is an adjacent undeveloped lot, suitable for future expansion or development within the CBD zoning. The portfolio also features three detached "tiny home" Airbnb units, converted garages, including one with a custom bait-shop theme. A large divided Victorian home provides multiple income streams, along with a bungalow that can be operated as two separate Airbnb units or rented as a single residence. The Airbnb guests stay to go to The Wave, Music Theater of Wichita, Intrust Bank Arena, Old Town, Design District, for medical stays, for traveling medical providers and even for family reunions. The property size is 5317 square feet and the lot size is 25600 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.320923
    Latitude
    37.688739

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    FAQs

    What type of property is this?
    Short term rental property - Turnkey investment portfolio in Wichita's Central Business District.
    Where is this short term rental property located?
    The property is located at 223 N Mathewson Ave Wichita, KS.
    What is the asking price?
    The asking price for this property is $622,000.
    What are key features of this property?
    This property features: - Turnkey Airbnb investment portfolio boasting an 8% cap rate in Wichita's Central Business District.; - Prime location near Old Town and Intrust Bank Arena, driving high short-term rental demand.; - Diversified income streams from long-term rentals and high-performing Airbnb properties, including a unique 'Speakeasy'-themed unit.
    (316) 312-6964
    Request Owner's contact information
    223 N Mathewson Ave Wichita, KS 67214
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    Wichita, KS 67214
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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
    223 N Mathewson Ave Wichita, KS 67214
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