Wichita Deal of the Day
6-Bedroom Rainbow Home: $67/sqft in a $150/sqft Market
1501 E Berkeley St, Wichita, KS 67216 • RAINBOW
Published September 9, 2026
Listed by Marcus Baysinger | At Home Wichita Real Estate | MLS# SCK666495 | Active
6
Bedrooms
2
Bathrooms
2,020
Sq Ft
$68
Per Sq Ft
Property Details
Days on Market
121 days (motivated seller?)
Est. Annual Property Tax
$4/yr ($0/mo)
Year Built
1972
County
Sedgwick County
School District
Wichita School District (USD 259)
Lot Size
0.17 acres
MLS Status
Active
Why It's a Deal
Our algorithm scored this property 65 out of 100, with perfect marks in price gap, days on market, and price per square foot. At $67/sqft versus a neighborhood median of $150/sqft, you're buying at less than half the market rate. The 121 days on market and as-is status create negotiation leverage, while the six-bedroom layout offers strong rental or resale potential after cosmetic updates.
About This Property
- 💰$68/sqft — 55% below area median
- 📅121 days on market — strong negotiating leverage
From the Listing
The home is city-owned and sold as-is, which explains both the price and the 121 days on market. For the right buyer—whether an investor looking for cash flow after light rehab or a homeowner willing to customize—this is a legitimate value opportunity in an area with upward momentum.
Property Details
Area median: $150/sqft vs. this property: $68/sqft
Interested in this deal?
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MLS# SCK666495
Listed by Marcus Baysinger | At Home Wichita Real Estate | MLS# SCK666495
Listings courtesy of South Central Kansas MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of Sep 9, 2026, 11:31 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 67216
How this deal stacks up against similar properties in the same area
This deal
$68/sqft
Avg Comp Price
$131,975
This Deal
$136,500
Price Difference
$4,525 above
$/sqft vs Comps
$59 cheaper/sqft
3bd · 1ba · 1,038 sqft · 1950
$140,000
$135/sqft
$67 more/sqft
13d on market
5bd · 2ba · 1,662 sqft · 1972
$133,000
$80/sqft
$12 more/sqft
123d on market
2bd · 1ba · 881 sqft · 1953
$129,900
$147/sqft
$79 more/sqft
5d on market
3bd · 1ba · 864 sqft · 1952
$125,000
$145/sqft
$77 more/sqft
5d on market
Property Location
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1501 E Berkeley St, Wichita, KS 67216
4 comparable properties shown · click any pin for details