ADA-Accessible Duplex
For Sale
$373,000
10540 E Conifer St # 10542, Wichita, KS 67207
Recently built rental property with attached garages, contemporary finishes, and convenient access to retail, schools, healthcare, and major highways.
Property Size2,682 SF
Price / SF$139.08
Days on Market72
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Property Features for 10540 E Conifer St # 10542
General Information
Standard status
Active
Size
2,682 SF
Property subtype
Multi-Family
Units
Unit Mix
16 x 3BR/2BA
Multifamily Units
16
Parking per Unit
2
Building Details
Year Built
2021
Buildings
8
Listing Agency:
Jemmima International Realty, LLC
Listed By:
Jemmima Wanjau · License #BR00232478
(316) 993-1351
Source:
Highpointks
Added: Aug 5
Changed: Oct 3
Last Checked: Oct 7 at 12:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jemmima International Realty, LLC
Investment Insights
Based on property information with market context.
Built in 2021, this multifamily offering includes 8 duplex buildings with 16 total rental units. Each residence provides approximately 1,400+ sq ft with a 3-bedroom, 2-bath layout, open-concept interiors, 9-foot ceilings, and private patios accessed through sliding doors. Six units are fully ADA-compliant.
Attached 2-car garages feature keypad entry and openers. Interior finishes include luxury vinyl plank flooring, granite kitchen and bathroom countertops, stainless steel appliances, built-in microwaves, refrigerators, and kitchen pantries. Primary suites include walk-in closets, double vanities, and private bathrooms. The property also includes sod, a sprinkler system, and a well for irrigation, supporting a lower-maintenance exterior. Retail, schools, healthcare services, and major highways are nearby.
Attached 2-car garages feature keypad entry and openers. Interior finishes include luxury vinyl plank flooring, granite kitchen and bathroom countertops, stainless steel appliances, built-in microwaves, refrigerators, and kitchen pantries. Primary suites include walk-in closets, double vanities, and private bathrooms. The property also includes sod, a sprinkler system, and a well for irrigation, supporting a lower-maintenance exterior. Retail, schools, healthcare services, and major highways are nearby.
Key Highlights
- 8 duplex buildings containing 16 total rental units
- 6 fully ADA‑compliant units
- Approximately 1,400+ sq ft per unit with 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,975
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,500
$439.5K
Cap Rate 7%
$313,929
$313.9K
Cap Rate 9%
$244,167
$244.2K
Market Conditions
NOI Build-Up for 2,682 SF
Gross rent
$32.8K $12.24/SF
− Vacancy
−$1.4K −$0.53/SF
EGI
$31.4K $11.71/SF
− OpEx
−$9.4K −$3.51/SF
NOI
$22.0K $8.19/SF
Area
ZIP 67207
Vacancy
4.37%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,500
Cap Rate 7%
$313,929
Cap Rate 9%
$244,167
Alternative Uses
Best Use
Multifamily LT 5
$313.9K
$274.7K – $366.3K
NOI $21,975 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$279.8K
$244.9K – $326.5K
NOI $19,589 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$578.9K
$506.5K – $675.4K
NOI $40,521 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Explore this area
Business Placement
Demographics for 67207, KS
28,143
Population
12,755
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
10.4 sq mi
ZIP Area
2,706
Density / Sq Mi
$66,400
Median Household Income
$39,070
Median Earnings
$961
Median Rent
$204,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Recently built rental property with attached garages, contemporary finishes, and convenient access to retail, schools, healthcare, and major highways.
Where is this duplex located?
The property is located at 10540 E Conifer St # 10542 Wichita, KS.
What is the asking price?
The asking price for this property is $373,000.
What are key features of this property?
This property features: 8 duplex buildings containing 16 total rental units; 6 fully ADA‑compliant units; Approximately 1,400+ sq ft per unit with 3 bedrooms and 2 bathrooms
