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.
Active
Price cut: $76K (8/17)
$999,000
3023-3055 N Porter Ave, Wichita, KS 67204
20beds
--baths
7,920sqft
Multi Family
Built in 1952
-- sqft lot
$943,400 Zestimate®
$126/sqft
$-- HOA
What's special
- 22 days
- 556
- 37
Zillow last checked:
Listing updated:
Listed by:
Grant Ketzner 316-759-9583,
New Door Real Estate
Source: SCKMLS as distributed by MLS GRID,MLS#: 677306
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
Heating
- Forced Air, Natural Gas
Cooling
- Electric
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Features
- Flooring: Carpet, Tile, Wood, Other
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 7,920 sqft
Property
Parking
- Total spaces: 10
- Parking features: 2 per Unit, Covered, Gravel
Details
- Parcel number: 0870993104302001.00A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1952
Utilities & green energy
- Gas: Natural Gas Available
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available
Community & HOA
Community
- Subdivision: COURT
HOA
- Has HOA: No
Location
- Region: Wichita
Financial & listing details
- Price per square foot: $126/sqft
- Annual tax amount: $11,668
- Date on market: 8/10/2026
- Cumulative days on market: 23 days
- Ownership: Individual
- Tenant pays: Electricity, Gas, Water/Sewer
Estimated market value
$943,400
$896,000 - $991,000
$799/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Pleasant Valley
Nearby schools
Schools provided by the listing agent
- Elementary: Pleasant Valley
- Middle: Pleasant Valley
- High: Heights
Source: SCKMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.


