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Duplex Investment Property

1830 S Griffith St Wichita, KS 67207

1830 S Griffith St, Wichita, KS, 67207
$220,000
Pending
For Sale
$220,000
Pending

MULTI_FAMILY - Other - Wichita, KS

Property Size1,536 SF
Lot Size8,857.00 Acres
Days on Market15

Property Features for 1830 S Griffith St

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
4
Basement
Unfinished
Standard status
Pending
APN
087-119-32-0-13-01-017.00
Size
1,536 SF
Lot size
8,857.00 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 10 BLOCK 2 CHERRY CREEK HILLS FOURTH ADD.
Tax Annual Amount
2098

Utilities

Utilities
Natural Gas Available
Heating system
Natural Gas
Cooling system
Electric
Water source
Public

Building Details

Year built
1983
Number of units
2
Building materials
Brick Veneer, Frame
Roof type
Composition
Architectural style
Other
Listing Agency Keller Williams Hometown Partners
429 S 119th St W, Wichita, KS
Listed by Cody Arnett
Added: Jul 3 Checked: Jul 17 at 11:06 am
MLS# 675535 Listing URL

Copyright © 2026 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale duplex-style residential income property is listed as a multifamily “other” asset and includes a total building size of 1,536 square feet. The offering is structured for residential rental use, with the duplex layout providing two distinct living units under one property.

The property is located at 1830 S Griffith St in Wichita, Kansas 67207, within Sedgwick County. The listing includes a large lot area, which may provide useful outdoor space and room for routine property operations associated with residential rentals.

For buyers seeking a small residential income asset, this duplex configuration can support flexible occupancy planning, whether the goal is to lease both units or occupy one while renting the other. The property’s compact total size can also make it more manageable than larger multifamily buildings, while still fitting within a duplex-focused ownership strategy. Interested parties should verify unit configuration, current condition, and lease details directly with the seller or through the listing broker to confirm fit for their specific underwriting and operating plan.

Key Highlights

  • Brick veneer and frame construction
  • Built in 1983
  • Heating: natural gas

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $18.8k $12.24
− Vacancy −$822 −$0.53
EGI $18.0k $11.71
− OpEx −$5.4k −$3.51
NOI $12.6k $8.19
1,536 SF · lease $12.24/SF/yr · vacancy 4.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$179.8K
$157.3K – $209.8K (±1% cap)
NOI $12,585 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$160.3K
$140.2K – $187.0K (±1% cap)
NOI $11,219 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$331.5K
$290.1K – $386.8K (±1% cap)
NOI $23,207 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Building Supply Skin Care Clinic HVAC Service Grocery & Convenience Store Garden Center Furniture & Home Goods Barber Shop Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex-style residential income property offers two-unit configuration in Wichita, KS, suited for rental or owner-occupant use.
Where is this duplex located?
The property is located at 1830 S Griffith St Wichita, KS.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Brick veneer and frame construction; Built in 1983; Heating: natural gas
Contact an agent
More about this property
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