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$949,900
7,920 Sqft | Built 1952

3023-3055 N Porter Ave, Wichita, KS, 67204

MULTI FAMILY MLS #SCK677306

Rare opportunity to acquire a fully occupied 10-unit investment portfolio located together at 3023–3055 N Porter Ave. This stabilized portfolio currently generates approximately $9,100 per month in gross rental income with no vacancies, providing immediate cash flow from day one. The property has undergone extensive capital improvements, significantly reducing deferred maintenance for the next owner. Improvements include new roofs and carports, new HVAC systems on all 10 units, new siding on every building, new windows throughout all units, exterior paint, new gutters, and completely updated electrical panels and breakers on all 10 units. Six of the 10 units have also received complete interior remodels, providing a strong foundation for continued rent growth as the remaining units are updated over time. Select units include landlord-supplied washers and dryers. With all 10 units located together, this portfolio offers the efficiency and convenience of centralized management while providing the diversification of 10 individual rental units. Fully occupied, extensively improved, and positioned for future rental growth, this is a turnkey opportunity for an investor looking for immediate income with significant recent capital expenditures already completed.

The facts
Status Active
Price / sqft $120
Year built 1952
Living area 7,920 sqft
Property type Multi Family
City Wichita
ZIP 67204
Neighborhood COURT
MLS number SCK677306
School district Wichita School District (USD 259)
Elementary school Pleasant Valley
Middle school Pleasant Valley
High school Heights
Listing courtesy of New Door Real Estate. Information courtesy of South Central Kansas MLS via MLS Grid, deemed reliable but not guaranteed. Last updated Oct 20, 2026, 1:03 PM CT. Equal Housing Opportunity.
Price and status history
Oct 9, 2026 Price reduced from $979,000 $949,900
Sep 25, 2026 Price reduced from $999,000 $979,000
Listed $999,000

Changes are tracked from the MLS feed as they happen. Older history is not shown.

Payment estimate
$0/mo

Estimate only, for a sense of the monthly number. Tax is a county average and the rate is a starting point: enter the rate your lender quotes you. Your lender's numbers win.

What homes like this have been going for
$169,000 to $364,900

Homes in 67204 closed in this range over the last 12 months, 217 of them, with a median of $240,000. Size was not matched, so read it as an area figure.

Closed comps from the South Central Kansas MLS. Not an appraisal, and not a statement about this listing's price. The market decides what a home is worth.

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Where it sits
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Listing information courtesy of South Central Kansas MLS via MLS Grid. Data deemed reliable but not guaranteed. Last updated Oct 20, 2026, 1:03 PM CT. Equal Housing Opportunity. TurnKey · Keller Williams Hometown Partners · 316-364-7500 · 429 S. 119th St. W. Wichita, KS 67235.
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