Wichita Deal of the Day
City-Owned 5-Bedroom in Rainbow — Rare Opportunity Under $135K
1607 E Catalina St, Wichita, KS 67216 • RAINBOW
Published June 12, 2026
Listed by Ben Curtis | At Home Wichita Real Estate | MLS# SCK669199 | Active
5
Bedrooms
2
Bathrooms
1,662
Sq Ft
$80
Per Sq Ft
Property Details
Days on Market
95 days (motivated seller?)
Year Built
1972
County
Sedgwick County
School District
Wichita School District (USD 259)
Lot Size
0.17 acres
Price Reduced
$2,000 off original price
MLS Status
Active
Why It's a Deal
At $80 per square foot, this property sits nearly 50% below the area median of $151 per square foot. The deal score of 65 reflects exceptional pricing metrics (100/100 on price gap and price per square foot) combined with 95 days on market — extended DOM often signals opportunity for informed buyers. The $2,000 recent reduction and city-owned status create negotiating leverage.
About This Property
- 💰$80/sqft — 47% below area median
- 📉Price reduced $2,000 — seller is motivated
- 📅95 days on market — strong negotiating leverage
From the Listing
The extended days on market reflect the unique approval process rather than property deficiencies. For buyers willing to navigate municipal sale requirements and invest in improvements, this represents a compelling entry point into Wichita homeownership or portfolio expansion.
Property Details
Area median: $151/sqft vs. this property: $80/sqft
Interested in this deal?
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MLS# SCK669199
Listed by Ben Curtis | At Home Wichita Real Estate | MLS# SCK669199
Listings courtesy of South Central Kansas MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of Jun 11, 2026, 2:21 PM. 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 67216
How this deal stacks up against similar properties in the same area
This deal
$80/sqft
Avg Comp Price
$133,000
This Deal
$133,000
Price Difference
$0 below
$/sqft vs Comps
$28 cheaper/sqft
3bd · 2ba · 1,200 sqft · 1988
$135,000
$113/sqft
$33 more/sqft
41d on market
4bd · 1.5ba · 1,508 sqft · 1972
$135,000
$90/sqft
$10 more/sqft
67d on market
4bd · 1.5ba · 1,508 sqft · 1972
$132,000
$88/sqft
$8 more/sqft
87d on market
2bd · 1ba · 920 sqft · 1955
$130,000
$141/sqft
$61 more/sqft
11d on market
Property Location
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1607 E Catalina St, Wichita, KS 67216
4 comparable properties shown · click any pin for details