Six-Unit Duplex
For Sale
$750,000
534 N Richmond Ave, Wichita, KS 67217
Three connected duplex buildings provide finished basement areas, shared green space, and onsite parking in central Wichita.
Property Size9,396 SF
Price / SF$79.82
Days on Market103
Property Features for 534 N Richmond Ave
General Information
Standard status
Active
Size
9,396 SF
Property subtype
Residential Income
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Additional Details
Gross Income
$75,750
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,340
Amenities
shared greenspace
Building Details
Buildings
3
Listing Agency:
Reece Nichols South Central Kansas
(316) 393-5259
Listed By:
Nela Bayouth
(316) 393-5259
Source:
Exprealty
Added: May 1
Changed: Aug 11
Last Checked: Aug 11 at 4:00AM
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 Reece Nichols South Central Kansas
Investment Insights
Based on property information with market context.
This six-unit duplex property consists of three side-by-side buildings configured in a U-shape, totaling 9,396 square feet. Each residence includes two bedrooms and one bathroom on the main level, along with a finished basement containing an additional non-conforming bedroom and living room. Basement upgrades include new LVT flooring. Shared green space and onsite parking serve the property.
Recent capital work includes new roofs installed in summer 2025. Five of the six air-conditioning units have been updated within the past two years. The property is positioned in central Wichita with access to downtown, the river, local parks, restaurants, and major highways.
Recent capital work includes new roofs installed in summer 2025. Five of the six air-conditioning units have been updated within the past two years. The property is positioned in central Wichita with access to downtown, the river, local parks, restaurants, and major highways.
Key Highlights
- Six‑unit multifamily property totaling 9,396 square feet
- Three side‑by‑side duplexes arranged in a U‑shape
- Each unit has 2 bedrooms and 1 bath on the main level
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Explore this area
Business Placement
Demographics for 67217, KS
30,926
Population
13,477
Households
2.3
Avg Household Size
35
Median Age
12%
College-Educated
84%
High-School Grad
14.4 sq mi
ZIP Area
2,148
Density / Sq Mi
$54,767
Median Household Income
$37,094
Median Earnings
$1,006
Median Rent
$115,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Three connected duplex buildings provide finished basement areas, shared green space, and onsite parking in central Wichita.
Where is this duplex located?
The property is located at 534 N Richmond Ave Wichita, KS.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Six‑unit multifamily property totaling 9,396 square feet; Three side‑by‑side duplexes arranged in a U‑shape; Each unit has 2 bedrooms and 1 bath on the main level
