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Duplex Community with Attached Garages
For Sale
$368,000

106013-10615 E Conifer St, Wichita, KS 67207

Eight residential buildings provide 16 three-bedroom, two-bath units, including six ADA-compliant residences.

Property Size2,682 SF
Price / SF$137.21
Days on Market124

Property Features for 106013-10615 E Conifer St

General Information

Standard status Active
Size 2,682 SF
Total Parking Spaces 4
Property subtype Residential Income

Units

Unit Mix 16 x 3BR/2BA
Multifamily Units 16
Parking per Unit 2

Taxes and HOA fees

Annual Taxes $5,565

Amenities

luxury vinyl plank flooring
granite countertops
stainless steel appliances
built-in microwave
refrigerator
pantry
9-foot ceilings
open-concept floor plans
sliding doors to patios
walk-in closets
double vanities
private bathrooms
sod and sprinkler system
well for irrigation

Building Details

Building Size 2,682 SF
Year Built 2021
Buildings 8
Units 2
Listing Agency: Jemmima International Realty, LLC
Listed By: Jemmima Wanjau · License #BR00232478
Source: Albright-realty
Added: Jul 6 Changed: Nov 2 Last Checked: Nov 6 at 2:18AM

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

Rey
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Investment Insights

Based on property information with market context.

The Wichita property comprises eight duplex buildings with 16 units, each offering approximately 1,400+ square feet, three bedrooms, and two bathrooms. Built in 2021, the units have open-concept layouts, 9-foot ceilings, luxury vinyl plank flooring, and patios accessed through sliding doors. Six units are ADA-compliant. Each residence also includes an attached two-car garage with keypad and opener, a kitchen with granite countertops, stainless steel appliances, built-in microwave, refrigerator, and pantry, plus a primary suite with a walk-in closet, double vanity, and private bathroom.

Sod and a sprinkler system are included, with a well supplying irrigation. The property is near retail, schools, healthcare, and major highways. It may be purchased as one duplex or as a package, and parcel division is described as possible.

Key Highlights

  • 16 units across 8 duplex buildings
  • Six ADA‑compliant units
  • Each unit is approximately 1,400+ sq ft with 3 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,975
Cap Rate
5.97%
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 (±1% cap)
NOI $21,975 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$279.8K
$244.9K – $326.5K (±1% cap)
NOI $19,589 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$578.9K
$506.5K – $675.4K (±1% cap)
NOI $40,521 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Eight residential buildings provide 16 three-bedroom, two-bath units, including six ADA-compliant residences.
Where is this duplex located?
The property is located at 106013-10615 E Conifer St Wichita, KS.
What is the asking price?
The asking price for this property is $368,000.
What are key features of this property?
This property features: 16 units across 8 duplex buildings; Six ADA‑compliant units; Each unit is approximately 1,400+ sq ft with 3 bedrooms and 2 bathrooms
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