505 S Meridian Ave, Wichita, KS 67213

Well-maintained duplex featuring two studio, 1-bathroom units, ideal for investors or owner-occupants. One side is currently rented to a reliable long-term tenant who would love to stay, providing immediate income, while the other unit is vacant and rent-ready, offering flexibility for a new tenant or owner occupancy. Each unit is separately metered for gas and electricity, helping keep operating costs predictable. Water is paid by the owner and averages just $60–$70 per month. Both units include a refrigerator and stove, along with convenient washer/dryer hookups. The property also features central heating and air in both units, onsite parking, and a shared garage space for storage. New guttering 03-23-26. Located close to Friends University, this duplex presents a great opportunity to expand your rental portfolio or live in one unit while generating income from the other.