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1301 N Piatt Ave #1303, Wichita, KS, 67214

2beds
--baths
1,008sqft
$140,000
$139price/sqft
$1,467/moest. monthly cost
$58,680/yrincome needed

About This Home

Looking for a great investment opportunity in one of Wichita's strongest rental areas? This well-maintained duplex, located just minutes from Wichita State University, offers excellent income potential for investors and owner-occupants alike. Each unit features 1 bedroom and 1 bathroom, making them attractive to students, young professionals, and small households. Unit 1303 has been extensively updated with a remodeled kitchen and bathroom, updated plumbing and electrical systems, hardwood floors, a newer water heater, and a newer air conditioner. Major exterior improvements include a newer roof, siding, and gutters, helping reduce future maintenance expenses. Both units have enjoyed consistent occupancy over the past four years, providing dependable rental income and strong investment returns. Conveniently located near Wichita State University, shopping, restaurants, and public transportation, this property continues to attract quality tenants. Whether you're looking to grow your investment portfolio or live in one unit while generating income from the other, this duplex offers a fantastic opportunity.

Getting Around

43
WalkingCar-Dependent
26
TransitSome Transit
51
BikeBikeable

Schools

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Duplex,Townhouse

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2

Features

  • Flooring: Carpet,Wood

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric,Window Unit(s)

Interior Area

  • Total interior livable area: 1,008 sqft

Property

Details

  • Parcel number: 1251502201013.00

Parking

  • Parking features: None,On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Tornado
Hail
Heat Wave
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Kansas Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $707$8,484
Home Insurance *$462$5,544
Property Taxes $137$1,644
Electricity $161$1,935
Total$1,467$17,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,297/yr
40% on housing$44,010/yr
45% on housing$39,120/yr

Kansas FAIR Plan Programs

Kansas All-Industry Placement Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 11,507Commercial: 209
Total Premiums$9.41M
Total Exposure$949,000

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 1.6%
1.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$139This listing

vs Other Active Listings

Avg $/sqft

ZIP 67214$83
Sedgwick County$129

vs Homes Sold Last Month

Median $/sqft

ZIP 67214$70
Sedgwick County$120

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentAlex Carbajal
BrokerageRE/MAX Associates

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