631 N Mulvane St Mulvane, KS 67110
MULTI_FAMILY - Other - Mulvane, KS
Property Features for 631 N Mulvane St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor
- Standard status
- Active
- APN
- 30025246
- Size
- 2,186 SF
- Lot size
- 8,548.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 11-12 & W 1/2 LOT 13 SHAW'S ADD TO MULVANE
- Tax Annual Amount
- 4478
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2017
- Number of units
- 2
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Justin Crafton (316) 461-2806
Listing office Heritage 1st Realty 12005 E 13th St N, Wichita, KS (316) 512-1300
Listing date Jul 8, 2026
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.
The property is located in Mulvane, Kansas, with described access to schools, parks, and K-15 and Rock Rd for commuting convenience.
The asset is sized as a duplex with a total interior area of 2,186 square feet as provided in the listing information.
Key Highlights
- Duplex with identical units; each side offers a 3‑bedroom, 2‑bath layout
- Each unit includes an attached 2‑car garage
- Built in 2017 with frame construction
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 | $27.5k | $12.60 |
| − Vacancy | −$1.4k | −$0.66 |
| EGI | $26.1k | $11.94 |
| − OpEx | −$7.8k | −$3.58 |
| NOI | $18.3k | $8.36 |
