Listing courtesy of Listing Agent: Carrie Licon from Listing Office: LPT Realty.
Excellent investment opportunity in Wichita, KS! This all-brick duplex at 9425/9427 E Longlake Cir offers two spacious units, each featuring 3 bedrooms, 2 bathrooms, and a full finished basement, providing an attractive combination of rental income potential, long-term value, and opportunities to build equity. Whether you are an experienced real estate investor looking to expand your rental portfolio or searching for your next income-producing property, this duplex offers multiple avenues to maximize returns. Both units feature functional living spaces, private fenced yards, and individual storage sheds, offering desirable amenities for tenants. The solid all-brick construction provides lasting durability and the potential for reduced exterior maintenance compared to many other property types. Even better, tenants are responsible for all utilities, helping keep owner operating expenses more manageable. Currently, unit 9425 is occupied on a month-to-month lease at $1,125 per month, while unit 9427 offers an opportunity for owner occupant or new tenant adding additional rental income, depending on its current condition and availability. Investors can explore the potential to increase rental income toward market rates for the area, along with value-add opportunities through updating finishes throughout the property. With two 3-bedroom units, finished basements, and separate outdoor spaces, this property offers flexibility for investors seeking to improve rental performance and long-term investment value. Conveniently located in Wichita, Kansas, this duplex is an opportunity to own a multi-family investment property with two separate living units, established rental income, tenant-paid utilities, and the potential to increase returns through strategic improvements and rental optimization. If you are searching for a duplex for sale in Wichita, KS, a multi-family investment property, or an income-producing rental with value-add potential, 9425/9427 E Longlake Cir deserves a closer look. Explore the possibilities this durable, all-brick investment property has to offer!
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