16-Unit Apartment
For Sale
$376,000
10607-10609 E Conifer St, Wichita, KS 67207
Recently built duplex residences feature attached garages, private patios, and contemporary interior finishes.
Property Size2,682 SF
Price / SF$140.19
Days on Market60
Property Features for 10607-10609 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
Amenities
attached garage
luxury vinyl plank flooring
granite countertops
stainless steel appliances
9-foot ceilings
private patios
walk-in closets
double vanities
private bathrooms
landscaping
sprinkler system
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 18
Changed: Oct 2
Last Checked: Oct 7 at 1:15PM
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.
Completed in 2021, this multifamily property comprises eight duplex buildings with 16 total rental units. Each residence offers three bedrooms, two bathrooms, approximately 1,400+ square feet, an attached two-car garage with keypad entry and opener, and a private patio accessed through sliding doors. Interior specifications include luxury vinyl plank flooring, granite countertops, stainless steel appliances, built-in microwaves, refrigerators, and kitchen pantries. Open-concept layouts include 9-foot ceilings, while primary suites provide walk-in closets, double vanities, and private bathrooms.
Six units are fully ADA-compliant. The site includes sod, a sprinkler system, and a well for irrigation. The property is located on E Conifer St in Wichita, with stated proximity to retail, schools, healthcare, and major highways. The offering may be purchased as a single duplex or as a package, and parcel splitting is identified as a possibility.
Six units are fully ADA-compliant. The site includes sod, a sprinkler system, and a well for irrigation. The property is located on E Conifer St in Wichita, with stated proximity to retail, schools, healthcare, and major highways. The offering may be purchased as a single duplex or as a package, and parcel splitting is identified as a possibility.
Key Highlights
- 16 total units arranged in 8 duplex buildings
- 6 fully ADA‑compliant units
- Each unit includes 3 bedrooms, 2 bathrooms, and approximately 1,400+ sq ft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,589
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,780
$391.8K
Cap Rate 7%
$279,843
$279.8K
Cap Rate 9%
$217,656
$217.7K
Market Conditions
NOI Build-Up for 2,682 SF
Gross rent
$37.3K $13.92/SF
− Vacancy
−$1.7K −$0.64/SF
EGI
$35.6K $13.28/SF
− OpEx
−$16.0K −$5.98/SF
NOI
$19.6K $7.30/SF
Area
ZIP 67207
Vacancy
4.60%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,780
Cap Rate 7%
$279,843
Cap Rate 9%
$217,656
Alternative Uses
Best Use
Apartment 5plus
$279.8K
$244.9K – $326.5K
NOI $19,589 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
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?
Apartment building - Recently built duplex residences feature attached garages, private patios, and contemporary interior finishes.
Where is this apartment building located?
The property is located at 10607-10609 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 arranged in 8 duplex buildings; 6 fully ADA‑compliant units; Each unit includes 3 bedrooms, 2 bathrooms, and approximately 1,400+ sq ft
