See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1021 N Spruce Ave, Wichita, KS, 67214

--beds
--baths
2,100sqft
$269,900
$129price/sqft
$2,686/moest. monthly cost
$107,440/yrincome needed

About This Home

Turnkey investment opportunity! Four duplexes selling as a package with potentially over $100,000 in annual NOI. Fully leased and generating approximately $10,000 per month. These well maintained properties offer immediate cash flow and strong investment potential. Each unit features an open concept living, dining and kitchen area with three bedrooms, two bathrooms, granite countertops throughout, an insulated single car attached garage and a durable 50 year impact resistant roof! This is a low maintenance, high performing investment property that is ready to produce income from day one!

Getting Around

52
WalkingSomewhat Walkable
27
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

2/10
Truesdell Middle SchoolGrades 6-84.6 mi
1/10
South High SchoolGrades 9-125.2 mi

Construction

Condition

  • Year built: 2022

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Range,Refrigerator

Basement

  • Basement: None

Features

  • Flooring: Concrete

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Interior Area

  • Total interior livable area: 2,100 sqft

Property

Details

  • Parcel number: 00135819
  • Attached to another structure: Yes

Parking

  • Total spaces: 2
  • Parking features: 2 per Unit,Attached

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 $1,364$16,368
Home Insurance *$890$10,680
Property Taxes $265$3,180
Electricity $167$2,012
Total$2,686$32,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,091/yr
40% on housing$80,580/yr
45% on housing$71,626/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

$129This listing

vs Other Active Listings

Avg $/sqft

ZIP 67214$80
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

AgentRandy Ambrose
BrokerageKeller Williams Signature Partners, LLC

Similar Homes