Remodeled Side-by-Side
New
For Sale
$160,000
1952-1954 N Chautauqua Ave, Wichita, KS 67214
MULTI_FAMILY - Other - Wichita, KS
Property Size1,248 SF
Lot Size0.16 Acres
Price / SF$128.21
Days on Market1
Property Features for 1952-1954 N Chautauqua Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Basement
Unfinished
Appliances
Disposal, Range, Refrigerator
Elementary school
Mueller
Middle school
Pleasant Valley
High school
North
Elementary school district
Wichita School District (USD 259)
Middle school district
Wichita School District (USD 259)
High school district
Wichita School District (USD 259)
Directions
From 96, exit at Hillside and take a left. Right on E 18th St N, Right on to N Chautauqua. Duplex on the right.
Subdivision
SCKMLS
Standard status
Active
APN
087-122-10-0-14-02-006.00-
Size
1,248 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 1-3 BLOCK 3 COLLEGE TERRACE ADD
Tax Annual Amount
789
Legal Description
LOTS 1-3 BLOCK 3 COLLEGE TERRACE ADD
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Multi Units, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1950
Number of units
2
Flooring type
Carpet
Building materials
Concrete
Roof type
Composition
Architectural style
Other
Listing Agency:
Exp Realty, LLC
(855) 414-1871
Listed By:
Bonnie Dalleo
(860) 906-7214
Added: Jul 31
Last Checked: Jul 31 at 2:06PM
MLS# 676778
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 fully remodeled side-by-side duplex offers two mirror-image units, each with two bedrooms and one full bathroom. The property was extensively renovated from the studs up with major system and interior updates. Improvements include a new electrical system, new plumbing and sewer drain, new HVAC mini-splits with heat and cooling, a new roof and gutters, and new siding and windows. Interior upgrades include new flooring throughout, new cabinets and countertops, and a kitchen garbage disposal.
Both units are occupied on month-to-month leases. The kitchen appliances listed include a range, refrigerator, and disposal.
Built in 1950, the duplex is a concrete construction property with public water and a composition roof. Size is listed at 1,248 square feet.
Both units are occupied on month-to-month leases. The kitchen appliances listed include a range, refrigerator, and disposal.
Built in 1950, the duplex is a concrete construction property with public water and a composition roof. Size is listed at 1,248 square feet.
Key Highlights
- Two mirror‑image units, each with two bedrooms and one full bathroom
- Extensively renovated from the studs up with major system upgrades
- New electrical, plumbing and sewer drain, and HVAC mini‑splits with heat and cooling
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 | $15.7k | $12.60 |
| − Vacancy | −$1.0k | −$0.82 |
| EGI | $14.7k | $11.78 |
| − OpEx | −$4.4k | −$3.53 |
| NOI | $10.3k | $8.25 |
1,248 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$147.0K
$128.7K – $171.5K
NOI $10,292 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$136.8K
$119.7K – $159.6K
NOI $9,574 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$309.0K
$270.4K – $360.5K
NOI $21,631 @ 7.0% cap · market cap 13.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Explore this area
Business Placement
Demographics for 67214, KS
15,936
Population
8,197
Households
1.9
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
5.3 sq mi
ZIP Area
3,007
Density / Sq Mi
$36,636
Median Household Income
$25,518
Median Earnings
$752
Median Rent
$72,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Fully remodeled side-by-side duplex with two 2-bedroom units on month-to-month leases.
Where is this duplex located?
The property is located at 1952-1954 N Chautauqua Ave Wichita, KS.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Two mirror‑image units, each with two bedrooms and one full bathroom; Extensively renovated from the studs up with major system upgrades; New electrical, plumbing and sewer drain, and HVAC mini‑splits with heat and cooling
