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Wichita Deal of the Day

Tenant-Occupied Duplex Alternative in Northeast Wichita โ€” $1,100/Month Lease

2022 N Madison, Wichita, KS 67214 โ€ข BUILDERS

Published April 23, 2026

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Listed by Megan Rae Niedens | McCurdy Real Estate & Auction, LLC | MLS# SCK669469 | Active

$85,000$99,900$14,900 reduced

2

Bedrooms

1

Bathroom

1,985

Sq Ft

$43

Per Sq Ft

73

Why It's a Deal

Our algorithm scored this property 73 out of 100 based on exceptional value metrics: a perfect 100 for price gap (list price $199,495 below area median) and price per square foot ($42.82 vs. $152.12 median), plus a 75 reduction score reflecting the $14,900 price drop. With an existing lease generating $1,100 monthly through November 2026, investors acquire immediate cash flow while the 46-day market time suggests room for negotiation.

About This Property

๐Ÿš๏ธBasement๐Ÿ’ผInvestment / Rental Ready๐Ÿ Appliances Included
  • ๐Ÿ’ฐ$43/sqft โ€” 72% below area median
  • ๐Ÿ“‰Price reduced $14,900 โ€” seller is motivated
  • ๐Ÿ“…46 days on market โ€” strong negotiating leverage

From the Listing

At $42.82 per square foot in a market where the area median is $152.12, this property represents a significant price-per-square-foot advantage. The $14,900 price reduction and 46 days on market suggest motivated seller circumstances that create negotiation leverage for qualified investors.

Property Details

Type: Residential
Built: 1950
Lot: 0.16 acres
Days on Market: 46
Deal Score

Area median: $152/sqft vs. this property: $43/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.

๐Ÿ”Ž Inspection Partner

Lisa Bryant

Lisa Bryant

Bryant Home Inspections

316-644-6545

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

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

MLS# SCK669469

Listed by Megan Rae Niedens | McCurdy Real Estate & Auction, LLC | MLS# SCK669469

Listings courtesy of South Central Kansas MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Apr 23, 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 โ€” ZIP 67214

How this deal stacks up against similar properties in the same area

This deal

$43/sqft

Avg Comp Price

$84,999

This Deal

$85,000

Price Difference

$1 above

$/sqft vs Comps

$63 cheaper/sqft

1134 N Green St

2bd ยท 1ba ยท 1,032 sqft ยท 1940

$95,000

$92/sqft

$49 more/sqft

1d on market

1445 N Lorraine Ave

1bd ยท 1ba ยท 484 sqft ยท 1923

$89,995

$186/sqft

$143 more/sqft

42d on market

2042 E 9th St N

3bd ยท 1ba ยท 1,128 sqft ยท 1940

$80,000

$71/sqft

$28 more/sqft

12d on market

828 N Poplar

3bd ยท 1.5ba ยท 984 sqft ยท 1996

$75,000

$76/sqft

$33 more/sqft

6d 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: ๐Ÿ“ž Call ยท ๐Ÿ’ฌ Text ยท โœ‰๏ธ Email.

Property Location

2022 N Madison, Wichita, KS 67214

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