Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
1,150 sqft

Contact for Price

2537 S Ellis Ave, Wichita KS, 67216

Built in1941
Property size1,150 sqft
Property typeMulti-family
Listed by with Keller Williams Hometown Partners Listing Contact:

Overview

Active

Listed Sep 4, 2026

Updated 26h ago

Full brick duplex with (2) - 1 bed, 1 bathroom units in the heart of Wichita. These units offer easy, no-stairs living with a functional layout. The kitchen comes equipped with an oven/range and refrigerator included. 1-car parking per unit adds everyday practicality. Whether you're an investor eyeing a rental-ready property or a buyer looking to build equity through updates, this one checks the boxes. Schedule your showing today! This is a multi-parcel auction of six duplexes on S Ellis Ave in south Wichita, each offered individually. Bid on one, a few, or all six, in whatever combination fits your portfolio. Twelve total units across six side-by-side duplexes, with eleven of the twelve currently leased. Several tenants have been in place for years, one for more than two decades, which speaks to steady, low-turnover income. Rents are currently below market, so there's real room for a new owner to bring them up over time, and the one vacant unit is ready to lease. Tenants pay their own electric and trash. The landlord covers water (averaging about $40 per unit per month) and lawn care. Most units include a landlord-provided range and refrigerator. The properties: 2519 S Ellis Ave 2525 S Ellis Ave 2531 S Ellis Ave 2537 S Ellis Ave 2549 S Ellis Ave 2555 S Ellis Ave Current rents run from $275 to $475 per unit, with gross rents of about $4,125 per month across the occupied units. See each lot for unit-by-unit detail. At closing, rents are prorated to the day of closing and tenant security deposits transfer to the buyer. How the Multi-Parcel Auction Works: Each duplex is its own parcel. You can bid on any single property, any combination, or all six, and bids can be placed in different combinations throughout the auction. The software continually takes the highest total. The auction closes on a dynamic timer, not a hard cutoff. The 1:00 PM time on October 8th is when bidding begins closing. From there, bidding stays open as long as bids keep coming. Once 300 seconds (5 minutes) pass with no new bids, the auction ends. Plan to be active near the end. Seller Confirmation & Reserve: All final bids are subject to seller confirmation. If the reserve is met, that will be announced. Auction Highlights & Terms: Clear Title: Every property is being sold with a clear title, so you can bid with confidence. Title Insurance: Provided through Meridian Title Company for a secure, protected transfer of ownership. Prorated Taxes: Property taxes are prorated to the exact day of closing, so you are not responsible for any back taxes. Rents & Deposits: Rents are prorated to the day of closing, and tenant security deposits transfer to the buyer. 30-Day Closing: Closing takes place on or before 30 days from the auction's end. Agents: Register your buyer Registration & Bidding: Review the individual parcel details, schedule your showings, and register to bid today. A 10% buyer's premium will be added to the final bid to make up the final contract price. Property is selling in its "as-is" present condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer's responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally the cost of the title insurance and the closing fee. All taxes will be prorated to the day of closing. Bidding is not contingent upon financing. Closing to take place on or before 30 days from the auction closing date. All final bids are subject to seller confirmation. The Seller reserves the right to accept any offer made prior to the auction's close, regardless of the current highest bid, only if the reserve price has not been met. In the event of an acceptable pre-auction offer, the auction will be immediately terminated and the highest bidder notified. A non-refundable earnest money deposit of $5,000 per building is due at the conclusion of the auction.

Other Property Details

Taxes
$648
Tax Frequency
Annually
MLS provider logo

Listings courtesy of South Central Kansas MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ashley and Pam Hesse shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 4:12 AM UTC on 10/15/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2026 South Central Kansas MLS . All rights reserved.

DMCA Notice

Powered by Luxury Presence