1506 S Main St, Wichita, KS 67213

Income Potential & Great Location Near Wichita's Biomedical Campus! Seize a rare investment opportunity on S Main Street! This property features a spacious 3 Bedroom, 2 Full Bath main home with 2,175 sq. ft. of living space, PLUS a detached 1 Bed, 1 Bath apartment (390 sq. ft.). Live in the main house and rent the apartment, or maximize rental income from both units! The main home offers a generous main-floor family room, a large backyard, and a recently updated HVAC system. It's ready for its next owner to customize with cosmetic improvements like new carpet and flooring. A full, unfinished basement provides a clean slate for future expansion. The detached apartment presents a fantastic opportunity for supplemental income, a guest suite, or a home office. Note that this unit requires more substantial updating, including the installation of heating and air conditioning. Location is key: you are situated just south of Wichita's vibrant Downtown entertainment district and the major Biomedical Campus. ONLINE AUCTION DETAILS - NON-NEGOTIABLE TERMS Bidding Begins: December 10, 2025, at 2:00 PM (CST) Bidding Concludes: December 17, 2025, at 6:00 PM (CST) SOLD AS-IS, WHERE-IS: Property is sold "AS-IS" with no warranties or guarantees regarding the condition of either unit. DUE DILIGENCE: Perform ALL independent inspections and investigations prior to bidding. Bidding is NOT contingent on financing or inspections. BUYER'S PREMIUM: A 10% Buyer’s Premium will be added to the final bid to determine the total contract purchase price. DEPOSIT: A non-refundable deposit of $2,500 is due immediately upon contract signing. CLOSING: Must occur on or before 30 days after the auction concludes. Do not miss this chance to secure a property with duplex potential in a dynamic Wichita growth area!