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505 S Meridian Ave, 
Wichita, KS 67213

$125,000


Bed


Bath


912

Sq Ft


Multi-Family

Active

Listed by

Pat Dreiling

Dreiling Realty & Auction, LLC.

316-761-1954

Last updated:

March 5, 2026, 03:49 AM

MLS#

668934

Source:

South Central Kansas MLS

About This Home

505 S Meridian Ave

Well-maintained duplex featuring two 1-bedroom, 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. 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.

Home Facts

Multi-Family

Built in 1930

Price Summary

125,000

$137 per Sq. Ft.

MLS #:

668934

Last Updated:

March 5, 2026, 03:49 AM

Added:

6 day(s) ago


Rooms & Interior

Interior

Living Area:

912 Sq. Ft.


Structure

Structure

Architectural Style:

Side by Side

Year Built:

1930


Finances & Disclosures

Finances

Price:

$125,000

Price per Sq. Ft:

$137 per Sq. Ft.

Source:South Central Kansas MLS
Copyright 2026 South Central Kansas MLS. All rights reserved. Listings courtesy of South Central Kansas as distributed by MLS GRID. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. The information being provided is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 1993-2026 South Central Kansas MLS. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.