Single-Family Residence with
10322 W Merton Ct Wichita, KS 67209
10322 W Merton Ct, Wichita, KS, 67209
$180,000
For Sale
$180,000
SINGLE_FAMILY - Wichita, KS
Property Size1,748 SF
Lot Size0.17 Acres
Price / SF$102.97
Days on Market345
Property Features for 10322 W Merton Ct
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Laundry Room, Family Room
- Patio and Porch features
- Patio
- Interior features
- Ceiling Fan(s), Window Coverings-All, Smoke Detector(s)
- Exterior features
- Guttering - ALL, Frame w/Less than 50% Mas
- Fireplace
- 1
- Basement
- Finished
- Appliances
- Dishwasher, Refrigerator, Range, Smoke Detector
- Standard status
- Active
- APN
- 139-32-0-22-01-021.00
- Size
- 1,748 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 13 EXC BEG SE COR NWLY ALG E LI47.39 FT SWLY 189.57 FT TO W LI LOT 13 S 29.31 FT TO SW COR ELY A
- Tax Annual Amount
- 2088
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1981
- Floors in Building
- 1
- Flooring type
- Smoke detector(s)
- Roof type
- Composition
Listing Agency
Crown III Realty LLC
(316) 942-1891
8639 W. Central Ave, Wichita, KS
Listed by
Adrian Mauk · License #SP00232317
(316) 655-1053
Added: Aug 11, 2025 Updated: Jul 18 at 3:06 am Checked: Jul 21 at 4:06 am
MLS# 660001
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 occupied single-family residence offers two bedrooms and one bathroom on the main level. The basement includes an additional bedroom, one bathroom, a laundry room, and a family room with a wood-burning fireplace. Outside, the property features a large, fenced yard. Some exterior siding and fascia are in need of repair, and the seller has accounted for this in the asking price.
The home is located at 10322 W Merton Ct in Wichita, KS 67209. Please allow 24-hour notice to show, as the residence is currently occupied.
The home is located at 10322 W Merton Ct in Wichita, KS 67209. Please allow 24-hour notice to show, as the residence is currently occupied.
Key Highlights
- 1981‑built home with 3 bedrooms and 2 bathrooms
- Basement includes an additional bedroom, a bathroom, a laundry room, and a wood burning fireplace
- Central air cooling and forced air 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 | $22.0k | $12.60 |
| − Vacancy | −$1.4k | −$0.82 |
| EGI | $20.6k | $11.78 |
| − OpEx | −$6.2k | −$3.53 |
| NOI | $14.4k | $8.25 |
1,748 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$205.9K
$180.2K – $240.3K
NOI $14,415 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$191.6K
$167.6K – $223.5K
NOI $13,410 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$432.8K
$378.7K – $505.0K
NOI $30,297 @ 7.0% cap · market cap 16.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Occupied residence with two bedrooms on the main level, plus an additional bedroom, laundry room, and wood-burning fireplace in the basement.
Where is this duplex located?
The property is located at 10322 W Merton Ct Wichita, KS.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 1981‑built home with 3 bedrooms and 2 bathrooms; Basement includes an additional bedroom, a bathroom, a laundry room, and a wood burning fireplace; Central air cooling and forced air natural gas heating
