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Wichita Deal of the Day

Pawnee Park Investment: Tenant in Place, $40/sqft Below Market, 77 Days

502 W Blake St, Wichita, KS 67213 • PAWNEE PARK

Published April 30, 2026

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Listed by Chi McKanlam | Keller Williams Signature Partners, LLC | MLS# SCK668317 | Active

$169,900$179,955$10,055 reduced

3

Bedrooms

1

Bathroom

1,680

Sq Ft

$101

Per Sq Ft

69

Why It's a Deal

Our algorithm scored this property 69 out of 100, driven by a price-per-square-foot that's $51 below area median and a recent $10,055 reduction. With 77 days on market and a tenant already in place generating $550/month, the property presents immediate cash flow potential and significant equity upside for investors who recognize the gap between current pricing and market comparables.

About This Property

🎨Fresh Paint🪟New Windows💼Investment / Rental Ready🏠Appliances Included🚗Garage📐Large Lot / Yard🔑Vacant / Quick Close
  • 💰$101/sqft — 34% below area median
  • 📉Price reduced $10,055 — seller is motivated
  • 📅77 days on market — strong negotiating leverage

From the Listing

At $101.13 per square foot—$51 below the area median of $152.16—this property offers substantial value for buyers willing to evaluate the numbers and the neighborhood's long-term trajectory.

Property Details

Type: Residential
Built: 1948
Lot: 0.2 acres
Garage: 1-car
Days on Market: 77
Deal Score

Area median: $152/sqft vs. this property: $101/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# SCK668317

Listed by Chi McKanlam | Keller Williams Signature Partners, LLC | MLS# SCK668317

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

Based on information submitted to the MLS GRID as of Apr 30, 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

$101/sqft

Avg Comp Price

$167,000

This Deal

$169,900

Price Difference

$2,900 above

$/sqft vs Comps

$8 cheaper/sqft

1828 S Millwood St

3bd · 1.5ba · 2,174 sqft · 1942

$173,000

$80/sqft

Our deal $21 cheaper

2d on market

423 S All Halllows Unit 100

3bd · 2ba · 1,123 sqft · 2025

$170,000

$151/sqft

$50 more/sqft

1d on market

2222 S Millwood

3bd · 1.5ba · 1,586 sqft · 1950

$165,000

$104/sqft

$3 more/sqft

1d on market

2005 S Wichita St

4bd · 2ba · 1,600 sqft · 1930

$160,000

$100/sqft

Our deal $1 cheaper

10d 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

502 W Blake St, Wichita, KS 67213

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