Wichita Deal of the Day
Classic 1920 Home on Oversized Lot — Priced for the Investor Market
1850 S Waco, Wichita, KS 67213 • ENGLISH
Published April 20, 2026
Listed by Barbara-Lee Lewis | Coldwell Banker Plaza Real Estate | MLS# SCK665785 | Active
2
Bedrooms
1
Bathroom
816
Sq Ft
$86
Per Sq Ft
Why It's a Deal
Our algorithm scored this property 71 out of 100, driven by exceptional value metrics: price per square foot of $85.78 is 44% below the area median of $152.08, and the $70,000 price point is 76% below the neighborhood median of $289,000. Extended days on market (111) and the recent $5,000 price reduction signal motivated-seller conditions, while the oversized lot adds long-term value potential beyond the structure itself.
About This Property
- 💰$86/sqft — 43% below area median
- 📉Price reduced $5,000 — seller is motivated
- 📅111 days on market — strong negotiating leverage
From the Listing
With 111 days on market, this property has moved past the initial buyer pool and now sits in investor territory. The seller is also offering 1306 S Santa Fe (MLS# 665784), presenting potential portfolio-building opportunities for buyers looking to scale in the Wichita market.
Property Details
Area median: $152/sqft vs. this property: $86/sqft
Interested in this deal?
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MLS# SCK665785
Listed by Barbara-Lee Lewis | Coldwell Banker Plaza Real Estate | MLS# SCK665785
Listings courtesy of South Central Kansas MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of Apr 20, 2026, 11:30 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Comparable Properties — ZIP 67213
How this deal stacks up against similar properties in the same area
This deal
$86/sqft
Avg Comp Price
$100,500
This Deal
$70,000
Price Difference
$30,500 below
$/sqft vs Comps
$26 cheaper/sqft
2bd · 1ba · 1,068 sqft · 1910
$110,000
$103/sqft
$17 more/sqft
70d on market
2bd · 1ba · 1,002 sqft · 1940
$110,000
$110/sqft
$24 more/sqft
1d on market
1bd · 1ba · 742 sqft · 1940
$92,000
$124/sqft
$38 more/sqft
129d on market
2bd · 1ba · 828 sqft · 1950
$90,000
$109/sqft
$23 more/sqft
1d on market
Property Location
1850 S Waco, Wichita, KS 67213
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