Full Duplex with Three-Car
5287 N Toben, Bel Aire, KS 67226
MULTI_FAMILY - Other - Bel Aire, KS
Property size:
2,773 SFLot size:
11,276.00 AcresPrice / SF:
$140/SF- Added:
- May 1, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 19 at 2:06 pm
Property Features for 5287 N Toben
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 12
- Parking features
- Off Street, On Street
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator
- Standard status
- Active
- APN
- 30013175
- Size
- 2,773 SF
- Lot size
- 11,276.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 19 BLOCK 1 ROCK SPRING 3RD ADDITION
- Tax Annual Amount
- 5990
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Multi Units, Ceiling Fan(s), Electric
- Water source
- Public
Building Details
- Year built
- 2021
- Number of units
- 2
- Flooring type
- Concrete
- Building materials
- Brick Veneer, Frame, Masonry
- Roof type
- Composition
- Architectural style
- Other
Listing agent Leslie Wessel License #00225620 (316) 461-4375
Listing office Coldwell Banker Plaza Real Estate 9860 E. 21st St. N., Wichita, KS (316) 686-7121
Listing date May 1, 2026
MLS# 672266
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.
HighLights
- Income‑producing duplex at 5287 & 5289 N Toben built in 2021, offering one unit leased and the other scheduled to become available July 31, 2026
- Unit 5287 has a recently renewed one‑year lease in place through 2027
- Both units have private entrances via a covered walkway, plus luxury vinyl plank flooring and neutral, cohesive interiors
- Kitchens include stainless steel appliances, granite countertops, and functional layouts; bathrooms also feature granite surfaces
- Primary suites offer private bathrooms, built‑in storage, and oversized walk‑in closets
- Property features impressive attached three‑car garages with rear roll‑up door, plus covered patios and fully fenced backyards
Overview
This full duplex at 5287 & 5289 N Toben offers two self-contained units with private entrances, abundant parking, and attached three-car garage space with practical storage. Both residences feature luxury vinyl plank flooring with neutral, cohesive interior finishes. Kitchens include stainless steel appliances and granite countertops, with consistent granite surfaces continuing into the bathrooms. Floorplans also provide generous flex space, and the primary suites include private bathrooms, built-in storage, and oversized walk-in closets. The attached three-car garage setup includes a rear roll-up garage door that connects to a backyard and patio area.
Unit 5287 is currently leased with a recently renewed one-year lease that runs through 2027. Unit 5289 is scheduled to become available on July 31, 2026, and showings for 5289 are permitted with at least 24 hours’ notice. Outdoor areas include covered patios and fully fenced backyards for each unit. Professional property management is in place through Reliance Property Management.
The property is well suited for investors seeking income with an upcoming vacancy, or owner-occupants looking to place their own tenant on one side while living on the other. With management already established, an operator can elect to continue the turnkey approach or manage independently. Showings for 5287 require an accepted contract; tenants should not be disturbed.
Unit 5287 is currently leased with a recently renewed one-year lease that runs through 2027. Unit 5289 is scheduled to become available on July 31, 2026, and showings for 5289 are permitted with at least 24 hours’ notice. Outdoor areas include covered patios and fully fenced backyards for each unit. Professional property management is in place through Reliance Property Management.
The property is well suited for investors seeking income with an upcoming vacancy, or owner-occupants looking to place their own tenant on one side while living on the other. With management already established, an operator can elect to continue the turnkey approach or manage independently. Showings for 5287 require an accepted contract; tenants should not be disturbed.
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 | $34.9k | $12.60 |
| − Vacancy | −$1.8k | −$0.66 |
| EGI | $33.1k | $11.94 |
| − OpEx | −$9.9k | −$3.58 |
| NOI | $23.2k | $8.36 |
2,773 SF · lease $12.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$331.2K
$289.8K – $386.4K
NOI $23,186 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$305.5K
$267.3K – $356.4K
NOI $21,386 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$578.0K
$505.7K – $674.3K
NOI $40,458 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Map
- City
- Bel Aire
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.232456
- Latitude
- 37.779697
FAQs
What type of property is this?
Duplex - Income-producing duplex with updated finishes, private entrances, and fenced outdoor space plus flexible occupancy timing.
Where is this duplex located?
The property is located at 5287 N Toben Bel Aire, KS.
What is the asking price?
The asking price for this property is $389,500.
What are key features of this property?
This property features: Income‑producing duplex at 5287 & 5289 N Toben built in 2021, offering one unit leased and the other scheduled to become available July 31, 2026; Unit 5287 has a recently renewed one‑year lease in place through 2027; Both units have private entrances via a covered walkway, plus luxury vinyl plank flooring and neutral, cohesive interiors
