3023-3055 N Porter Ave, Wichita, KS 67204
3023-3055 N Porter Ave, Wichita, KS 67204
3023-3055 N Porter Ave, Wichita, KS 67204
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Larry Hall

Larry Hall

+1(316) 212-0817
Listed by Grant Ketzner • New Door Real Estate
$999,000
Est. payment /mo
7,920 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,920 sqft

Price per Sqft $126

Subdivision Court

MLS Listing ID SCK677306

Style Side by Side

Total Fin. Sqft 7920

Year Built 1952

Annual Tax Amount $11,668

Tax Year 2025

Lot Dimensions 92976

Property Sub-Type Multi Family

Source sckansas

Property Description

Rare opportunity to acquire a fully occupied 10-unit investment portfolio located together at 3023–3055 N Porter Ave. This stabilized portfolio currently generates approximately $9,100 per month in gross rental income with no vacancies, providing immediate cash flow from day one. The property has undergone extensive capital improvements, significantly reducing deferred maintenance for the next owner. Improvements include new roofs and carports, new HVAC systems on all 10 units, new siding on every building, new windows throughout all units, exterior paint, new gutters, and completely updated electrical panels and breakers on all 10 units. Six of the 10 units have also received complete interior remodels, providing a strong foundation for continued rent growth as the remaining units are updated over time. Select units include landlord-supplied washers and dryers. With all 10 units located together, this portfolio offers the efficiency and convenience of centralized management while providing the diversification of 10 individual rental units. Fully occupied, extensively improved, and positioned for future rental growth, this is a turnkey opportunity for an investor looking for immediate income with significant recent capital expenditures already completed.

Location

State KS

County Sedgwick

Direction From W 29th St N and N Amidon Ave, head east on W 29th St N. Turn north onto N Porter Ave. Continue north to 3023 N Porter Ave; property will be on your right.

Rooms

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling Electric

Flooring Carpet, Tile, Wood, Other

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer

Heat Source Forced Air, Natural Gas

Exterior

Garage Description 2 per Unit, Covered, Gravel

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 10

Building

Unit Features [{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK677306Group_1\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK677306Group_2\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK677306Group_3\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK677306Group_4\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK677306Group_5\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK677306Group_6\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK677306Group_7\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK677306Group_8\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK677306Group_9\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK677306Group_10\"}]

Architectural Style Side by Side

Structure Type Brick

Schools

Elementary Schools Pleasant Valley

Middle Schools Pleasant Valley

High Schools Heights

School District Wichita School District (Usd 259)

Others

Financing Conventional

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A Few Words From Past Clients

Larry worked with us to both sell our home and buy a new home. He went above and beyond throughout the entire process and helped us get into our dream home! Can’t recommend him highly enough!

Randy

My last home buying experience was easy quick and painless thanks to Larry Hall of the L+H Realty. He worked with us on our schedule and was always easy to get in contact with. He always kept us in the know and stayed on top of the seller. I would highly recommend him to anyone!

Nate

Nearby School & Business

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Larry Hall

Larry Hall

+1(316) 212-0817

Agent SPSP00236074

Agent SPSP00236074

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