Multifamily Property With Attached
For Sale
$376,000
10602-10604 E Conifer St, Wichita, KS 67207
Eight duplex buildings offer contemporary three-bedroom residences with private patios, attached garages, and ADA-compliant units.
Property Size2,682 SF
Price / SF$140.19
Days on Market84
Property Features for 10602-10604 E Conifer St
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
Additional Details
Highway Access
Yes
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: Jul 25
Changed: Oct 11
Last Checked: Oct 7 at 2:11PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2021 multifamily development includes 8 duplex buildings with 16 total rental units. Each residence offers 3 bedrooms and 2 bathrooms, an open-concept layout, 9-foot ceilings, luxury vinyl plank flooring, and a private patio accessed through sliding doors. Kitchens and bathrooms feature granite countertops, while kitchens include stainless steel appliances, built-in microwaves, refrigerators, and pantries. Every unit also includes a 2-car attached garage with a keypad and opener. Six units are fully ADA-compliant.
The property is located at 10602-10604 E Conifer St in Wichita, Kansas, with proximity to retail, schools, healthcare, and major highways. Site improvements include sod, a sprinkler system, and a well for irrigation. The duplex configuration places multiple residences within a cohesive multifamily development.
The property is located at 10602-10604 E Conifer St in Wichita, Kansas, with proximity to retail, schools, healthcare, and major highways. Site improvements include sod, a sprinkler system, and a well for irrigation. The duplex configuration places multiple residences within a cohesive multifamily development.
Key Highlights
- 16 total units across 8 duplex buildings
- Six fully ADA‑compliant units
- Each unit includes 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,975
Cap Rate
5.84%
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 5.84%
Second Best
Apartment 5plus
$279.8K
$244.9K – $326.5K
NOI $19,589 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$578.9K
$506.5K – $675.4K
NOI $40,521 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16
Residential units
Yes
Highway access
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?
Multifamily property - Eight duplex buildings offer contemporary three-bedroom residences with private patios, attached garages, and ADA-compliant units.
Where is this multifamily property located?
The property is located at 10602-10604 E Conifer St Wichita, KS.
What is the asking price?
The asking price for this property is $376,000.
What are key features of this property?
This property features: 16 total units across 8 duplex buildings; Six fully ADA‑compliant units; Each unit includes 3 bedrooms and 2 bathrooms
