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505 S Meridian Ave Wichita, KS 67213

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For Sale
$119,900

MULTI_FAMILY - Other - Wichita, KS

Property size:
912 SF
Lot size:
6,534.00 Acres
Added:
Feb 28, 2026
Days on Market:
48
Last Refresh:
Apr 17 at 3:06 pm

Property Features for 505 S Meridian Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
2
Basement
Unfinished
Appliances
Range, Refrigerator
Standard status
Active
APN
087-137-25-0-11-01-020.00
Size
912 SF
Lot size
6,534.00 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
S 5 FT LOT 475-ALL LOT 477 & N 20 FT LOT 479 MERIDIAN AVE MARTINSON'S 5TH. ADD.
Tax Annual Amount
718

Utilities

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

Building Details

Year built
1930
Number of units
2
Flooring type
Wood
Building materials
Masonite
Roof type
Composition
Architectural style
Other

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Listing Contact
Patrick Dreiling

Listing agent Patrick Dreiling

Listing office Dreiling Realty & Auction, LLC 5025 E Kellogg Dr. Ste. 134, Wichita, KS

Listing date Feb 28, 2026

MLS# 668934 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

Well-Maintained Duplex Near Friends University

This well-maintained duplex features two studio units, each with one bathroom. It is suitable for investors or owner-occupants. One unit is currently rented to a long-term tenant, providing immediate income. The other unit is vacant and rent-ready. Each unit is separately metered for gas and electricity. Water is paid by the owner and averages $60-$70 per month. Both units include a refrigerator and stove, along with washer/dryer hookups. The property also features central heating and air in both units, onsite parking, and a shared garage space for storage. New guttering is planned for 03-23-26. Located close to Friends University, this duplex presents an opportunity to expand a rental portfolio or live in one unit while generating income from the other. The property size is 912 square feet and the lot size is 6534 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Wichita
County
Sedgwick
State
Kansas
Longitude
-97.3714031
Latitude
37.6792276

FAQs

What type of property is this?
Duplex - Duplex with long-term tenant, vacant unit, near Friends University.
Where is this duplex located?
The property is located at 505 S Meridian Ave Wichita, KS.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Income‑producing duplex with one unit currently rented to a long‑term tenant.; Vacant, rent‑ready unit provides flexibility for owner‑occupancy or new tenant.; Separately metered gas and electricity for each unit.
More about this property
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