All-Brick Duplex Investment

741-743 S Broadview Wichita, KS 67218

Claim this Listing
For Sale
$155,000

MULTI_FAMILY - Other - Wichita, KS

Property size:
1,680 SF
Lot size:
6,574.00 Acres
Price / SF:
$92/SF
Added:
Jul 2, 2026
Days on Market:
9
Last Refresh:
Jul 10 at 8:06 pm

Property Features for 741-743 S Broadview

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
On Street
Appliances
Dishwasher, Range, Refrigerator
Standard status
Active
APN
20173-127-26-0-13-03-01600
Size
1,680 SF
Lot size
6,574.00 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Lots 387-388 fairfax add
Tax Annual Amount
1413

Utilities

Heating system
Natural Gas
Cooling system
Electric
Water source
Public

Building Details

Year built
1956
Number of units
2
Building materials
Brick
Roof type
Composition
Architectural style
Other

Listing agent Leanne Barney License #00222521

Listing office Keller Williams Hometown Partners 429 S 119th St W, Wichita, KS

Listing date Jul 2, 2026

MLS# 675418 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 all-brick duplex features two residential units within a single property. The listing notes the duplex is occupied by solid tenants, with the current leasing structure described as month-to-month. The total property size is listed at 1,680 square feet.

The property is located at 15203 W Pine Circle, Wichita, KS 67218, in Sedgwick County. As provided, the lot size is listed at 6,574 acres, and the asset is being offered for sale.

For investors and owner-operators looking for a manageable residential income asset, this duplex offers a straightforward two-unit configuration. With tenants already in place on a month-to-month basis, the current setup may provide flexibility for future leasing decisions, subject to applicable laws and tenant requirements. This property is best considered by buyers who want to add an occupied duplex to their portfolio and plan for day-to-day management of two units rather than a larger multi-family building.

Key Highlights

  • All‑brick duplex with solid tenants
  • Built in 1956
  • Public water and natural gas heating

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 $21.2k $12.60
− Vacancy −$1.4k −$0.82
EGI $19.8k $11.78
− OpEx −$5.9k −$3.53
NOI $13.9k $8.25
1,680 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$197.9K
$173.2K – $230.9K (±1% cap)
NOI $13,854 @ 7.0% cap · market cap 8.94%
Second Best
Apartment 5plus
$184.1K
$161.1K – $214.8K (±1% cap)
NOI $12,888 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$416.0K
$364.0K – $485.3K (±1% cap)
NOI $29,118 @ 7.0% cap · market cap 18.79%
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

Electrical Service Building Supply Parking Lot & Garage Daycare Center Locksmith Catering Service Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility

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

FAQs

What type of property is this?
Duplex - For-sale all-brick two-unit property with month-to-month tenancy, suited for investors seeking residential income stability.
Where is this duplex located?
The property is located at 741-743 S Broadview Wichita, KS.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: All‑brick duplex with solid tenants; Built in 1956; Public water and natural gas heating
Contact an agent
More about this property
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