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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

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Listed by Barbara-Lee Lewis | Coldwell Banker Plaza Real Estate | MLS# SCK665785 | Active

$70,000$75,000$5,000 reduced

2

Bedrooms

1

Bathroom

816

Sq Ft

$86

Per Sq Ft

71

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

📐Large Lot / Yard💼Investment / Rental Ready🔨Fixer Upper📋As-Is Sale🏚️Basement🚗Garage
  • 💰$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

Type: Residential
Built: 1920
Lot: 0.16 acres
Garage: 1-car
Days on Market: 111
Deal Score

Area median: $152/sqft vs. this property: $86/sqft

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Financing Partner

Chris Waipa

Chris Waipa

Neighborhood Loans, Inc.

NMLS# 222982

Local lender, fast closings. Get pre-approved before someone else grabs the deal.

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Equal Housing Lender. NMLS #222982.

🔎 Inspection Partner

Lisa Bryant

Lisa Bryant

Bryant Home Inspections

316-644-6545

Know exactly what you're buying before you close. ASHI-certified inspections — Wichita & surrounding areas.

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ASHI Member · KAREI Member · Background Verified · (316) 644-6545

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

1534 S Main St

2bd · 1ba · 1,068 sqft · 1910

$110,000

$103/sqft

$17 more/sqft

70d on market

527 S Leonine Rd.

2bd · 1ba · 1,002 sqft · 1940

$110,000

$110/sqft

$24 more/sqft

1d on market

507 S Sheridan St

1bd · 1ba · 742 sqft · 1940

$92,000

$124/sqft

$38 more/sqft

129d on market

2031 W McCormick Ave.

2bd · 1ba · 828 sqft · 1950

$90,000

$109/sqft

$23 more/sqft

1d on market

Comps sourced from Rehmert Andrews tracked deals and MLS active listings. Sold data reflects deals featured on this platform. For complete MLS comparable sales, contact Rehmert Andrews: 📞 Call · 💬 Text · ✉️ Email.

Property Location

1850 S Waco, Wichita, KS 67213

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