Occupied Two-Unit
For Sale
$275,000
1027-1029 N H St, Wellington, KS 67152
Residential Income, Wellington, KS
Property Size2,086 SF
Lot Size0.21 Acres
Price / SF$131.83
Days on Market47
Property Features for 1027-1029 N H St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Appliances
Dishwasher, Disposal, Range, Refrigerator
Elementary school
Wellington
Middle school
Wellington
High school
Wellington
Elementary school district
Wellington School District (USD 353)
Middle school district
Wellington School District (USD 353)
High school district
Wellington School District (USD 353)
Directions
From Highway 81 to N Vandenburgh Ave, West on 16th st, and N on H ST!
Subdivision
SCKMLS
Standard status
Active
APN
151-11-0-30-06-001.11-0
Size
2,086 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TMBER CREEK ADD, S11, T32, R01W,BLOCK 1; , LOT 7
Tax Annual Amount
4381
Legal Description
TMBER CREEK ADD, S11, T32, R01W,BLOCK 1; , LOT 7
Utilities
Heating system
Central, Electric (Heating), Heat Pump (Heating)
Cooling system
Multi Units, Electric
Water source
Public
Building Details
Year built
2019
Number of units
2
Building materials
Brick Veneer, Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Heritage 1st Realty
(316) 512-1300
Listed By:
Asa Pechin
(316) 295-0681
Added: Sep 4
Changed: Oct 16
Last Checked: Oct 20 at 10:06PM
MLS# 678644
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,086-square-foot duplex was built in 2019 on a 0.206-acre lot in Wellington. The two units are fully occupied, with tenants in place. Construction combines brick veneer and frame, and the roof is composition. Public water serves the property.
Each unit is all-electric, with central heat and heat-pump heating, plus electric cooling. Appliances include a dishwasher, disposal, range, and refrigerator. The duplex may be purchased on its own or together with a separately listed development property identified as Block 1, Lots 1-7 & 8-9, Timber Creek Addition.
Each unit is all-electric, with central heat and heat-pump heating, plus electric cooling. Appliances include a dishwasher, disposal, range, and refrigerator. The duplex may be purchased on its own or together with a separately listed development property identified as Block 1, Lots 1-7 & 8-9, Timber Creek Addition.
Key Highlights
- Fully occupied two‑unit duplex with tenants in place
- 2,086 square feet on a 0.206‑acre lot
- Built in 2019
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,442
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,840
$348.8K
Cap Rate 7%
$249,171
$249.2K
Cap Rate 9%
$193,800
$193.8K
Market Conditions
NOI Build-Up for 2,086 SF
Gross rent
$26.3K $12.60/SF
− Vacancy
−$1.4K −$0.66/SF
EGI
$24.9K $11.94/SF
− OpEx
−$7.5K −$3.58/SF
NOI
$17.4K $8.36/SF
Area
Sumner County, KS
Vacancy
5.20%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,840
Cap Rate 7%
$249,171
Cap Rate 9%
$193,800
Alternative Uses
Best Use
Multifamily LT 5
$249.2K
$218.0K – $290.7K
NOI $17,442 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$229.8K
$201.1K – $268.1K
NOI $16,087 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$442.9K
$387.5K – $516.7K
NOI $31,000 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 67152, KS
9,019
Population
4,288
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
233.9 sq mi
ZIP Area
39
Density / Sq Mi
$50,836
Median Household Income
$36,042
Median Earnings
$814
Median Rent
$105,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both units have electric heating and cooling, with no natural gas service to the property.
Where is this duplex located?
The property is located at 1027-1029 N H St Wellington, KS.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Fully occupied two‑unit duplex with tenants in place; 2,086 square feet on a 0.206‑acre lot; Built in 2019
