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Brick Duplex
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2531 S Ellis Ave, Wichita, KS 67216

The property contains two one-bedroom units with no-stairs layouts and one parking space per unit.

Property Size1,150 SF
Days on Market60

Property Features for 2531 S Ellis Ave

General Information

Standard status Active
Size 1,150 SF
Total Parking Spaces 2
Property subtype Residential Income
Occupancy 92%

Site & Location

Neighborhood South City Community Assoc

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12
Parking per Unit 1

Additional Details

Gross Income $49,500
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $640

Building Details

Building Size 1,150 SF
Year Built 1942
Buildings 6
Units 2
Construction brick
Tenancy Multi
Listing Agency: Keller Williams Hometown Partners
Listed By: Daniel Gutierrez · License #00235453
Source: Albright-realty
Added: Sep 4 Changed: Nov 2 Last Checked: Nov 2 at 2:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Hometown Partners

Rey
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Investment Insights

Based on property information with market context.

This 1,150-square-foot brick duplex was built in 1942 and contains two one-bedroom, one-bathroom units. Both offer no-stairs living and functional layouts. The kitchens include an oven/range and refrigerator, and each unit has one-car parking. At 2531 S Ellis Ave, washer/dryer hookups are tenant-owned.

Key Highlights

  • Two units, each with 1 bedroom and 1 bathroom
  • 1,150 square feet; built in 1942
  • Full‑brick construction and no‑stairs layouts

Property Analytics

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Lease Details

12
Residential units
91.7%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 67216, KS

23,212
Population
9,928
Households
2.3
Avg Household Size
34
Median Age
8%
College-Educated
78%
High-School Grad
12.2 sq mi
ZIP Area
1,903
Density / Sq Mi
$47,172
Median Household Income
$30,732
Median Earnings
$876
Median Rent
$92,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The property contains two one-bedroom units with no-stairs layouts and one parking space per unit.
Where is this duplex located?
The property is located at 2531 S Ellis Ave Wichita, KS.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 bathroom; 1,150 square feet; built in 1942; Full‑brick construction and no‑stairs layouts
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