2731 N Terrace Wichita, KS 67220

Listing details for 2731 N Terrace, Wichita, KS 67220 : THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 5:00 PM ON JUNE 18TH, 2026. ONLINE BIDDING IS AVAILABLE THROUGH SELLER AGENT’S WEBSITE Property is selling with clear title at closing and no back taxes. Property previews available. This 3-bedroom, 1-bathroom home sits on a corner lot and includes a 1-car attached garage and oversized driveway. Located near the amenities of 31st & Seneca and only 1.5 miles from the YMCA and 1 mile to South High School, this home not only offers a great location but has also been well maintained by the 3+ year tenant.  The floor plan includes a living/dining room combo, a kitchen with ample cabinetry and laundry hookups, as well as three bedrooms, and a full bathroom with a tub/shower combo. Per seller, the furnace and water heater have each been replaced approx. 1 year ago.  This home is currently rented for $1095/month with the lease in place through November 30th, 2026, providing great potential for future increases.  This property is being offered as High Bidder's Choice with 3220 S. Downtain St., Wichita, KS 67217. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of check or immediately available, certified funds in the amount $5000. 6/16 Marketing Update: A new lease has been signed with a rental increase to $1095 and an expiration date of November 30, 2026. The lease on file expired on 11/30/2025 and the tenant has rolled over to month-to-month. The previous management company did not enforce the additional $50/month fee for month-to-month.