Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    820 Carolina St Neodesha, KS 66757

    Sponsored
    For Sale
    $164,000

    Multi-Unit (2-4), Duplex - Neodesha, KS

    Property size:
    1,000 SF
    Lot size:
    0.16 Acres
    Days on Market:
    28
    Last Refresh:
    Jan 26 at 9:06 pm

    Property Features for 820 Carolina St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    Parking features
    Garage, Garage - Attached
    Size
    1,000 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Expense value
    30
    Expense
    Home Owner Assessments Fee

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2024
    Year renovated
    2024
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Barton Carpenter

    Wilson County Agency Inc.

    Listing agent Barton Carpenter

    Listing date Dec 30, 2025

    MLS# 11623365 Listing URL

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

    Learn more

    Property Insight Report

    Overview

    New Duplex in Neodesha, Kansas

    This newly built duplex in Neodesha, Kansas, features two bedrooms and two bathrooms within 1,000 square feet of modern living space. The property, situated on a 0.16-acre lot, offers an open-concept layout and stylish finishes. The thoughtfully designed floor plan provides a comfortable flow between the living area, kitchen, and bedrooms, suitable for both everyday living and entertaining. A one-car attached garage provides added convenience. The property is zoned 100.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Neodesha
    County
    Wilson
    State
    Kansas
    Longitude
    -95.683974
    Latitude
    37.425716

    Nearby Similar for Sale

    • $449,000
      0.27 Acres

      Updated Live-Work Space in Neodesha

      Immaculate commercial space with updated residential unit in Neodesha.
      900 Main St, Neodesha, KS 66757
      View Details
    • $300,000
      2,400 SF

      Established Bar & Grill For Sale

      Turnkey bar and grill with strong local recognition.
      1000 W Main St, Neodesha, KS 66757
      View Details
    • New
      $75,000
      0.81 Acres

      Commercial Building in Neodesha, Kansas

      Commercial building with kitchen, dining area, and additional lot.
      1223 N 8Th St, Neodesha, KS 66757
      View Details
    • $110,000
      0.17 Acres

      Turnkey Gas Station Opportunity

      Established gas station with diverse revenue streams in a prime location.
      303 Main St, Neodesha, KS 66757
      View Details
    • $164,000
      1,000 SF

      Well-Appointed Duplex Unit For Sale

      Comfortable 2-bedroom, 2-bathroom duplex unit with modern amenities.
      904 N 9Th St, Neodesha, KS 66757
      View Details
    • $164,000
      1,000 SF

      New Duplex in Neodesha, Kansas

      New 2-bedroom, 2-bathroom duplex with modern living space.
      822 Carolina St, Neodesha, KS 66757
      View Details
    • $164,000
      1,000 SF

      Charming Duplex in Neodesha, KS

      Well-maintained 2 bed, 2 bath duplex with modern amenities.
      902 N 9Th St, Neodesha, KS 66757
      View Details
    • $94,000
      0.16 Acres

      Downtown Neodesha Commercial Building

      6400 sq ft building with office and retail potential.
      515 Main St, Neodesha, KS 66757
      View Details
    • $97,500

      Main Street Commercial Building, Neodesha

      Well-maintained commercial building in thriving downtown Neodesha, Kansas.
      1015 Main St, Neodesha, KS 66757
      View Details
    • $132,000
      0.18 Acres

      Neodesha Commercial Space: Prime Location

      Renovated 3600 sq ft commercial space.
      109 11Th St, Neodesha, KS 66757
      View Details

    FAQs

    What type of property is this?
    Duplex - New 2-bedroom, 2-bathroom duplex with modern living space.
    Where is this duplex located?
    The property is located at 820 Carolina St Neodesha, KS.
    What is the asking price?
    The asking price for this property is $164,000.
    Request Owner's contact information
    820 Carolina St Neodesha, KS 66757
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    820 Carolina St
    Neodesha, KS 66757
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    820 Carolina St Neodesha, KS 66757
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Barton Carpenter
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.