Zero-Entry Residential Income
For Sale
$195,900
11840 W Graber Ct. Unit 200, Wichita, KS 67215
Residential, Wichita, KS
Property Size1,195 SF
Lot Size0.12 Acres
Price / SF$163.93
Days on Market9
Property Features for 11840 W Graber Ct. Unit 200
General Information
Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Laundry Room, Bedroom 3, Bathroom 2, Kitchen
Window features
Storm Window(s)
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Walk-In Closet(s), Window Coverings-All
Exterior features
Guttering - ALL, Sprinkler System, Zero Step Entry, Frame w/Less than 50% Mas
Fireplace
1
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Range
Subdivision
Bridger Pawnee Addition - Pawnee Crossing
Lot features
Cul-De-Sac, Pond/ Lake
Elementary school
Earhart
Middle school
Goddard
High school
Robert Goddard
Elementary school district
Goddard School District (USD 265)
Middle school district
Goddard School District (USD 265)
High school district
Goddard School District (USD 265)
Directions
119th and Pawnee, South on 119th half mile to Graber. East on Graber, North on Graber Ct.
Standard status
Active
APN
30028695
Size
1,195 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 2 Blk A Bridger Pawnee Addition
Tax Annual Amount
2
HOA Fee
$1,020 Annually
Legal Description
Lot 2 Blk A Bridger Pawnee Addition
Utilities
Utilities
Natural Gas Available
Heating system
Natural Gas, Forced Air
Cooling system
Central Air, Electric
Amenities
covered patio
electric fireplace
walk-in pantry
laundry room
walk-in closet
landscaped fenced yard
Building Details
Year built
2026
Floors in Building
1
Flooring type
Laminate
Roof type
Composition
Architectural style
Ranch
Listing Agency:
RE/MAX Premier · RE/MAX International
(316) 773-2707
Listed By:
Karen Hampton
(316) 641-9442
Added: Oct 20
Changed: Oct 24
Last Checked: Oct 28 at 10:06AM
MLS# 680745
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.
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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 under-construction ranch-style twin home offers 1,195 square feet with three bedrooms and two bathrooms. The 0.12-acre property includes a two-car garage, zero-step entry, and a 10-by-10-foot covered patio overlooking a lake or pond. Interior features include an electric fireplace, luxury vinyl tile flooring, and a kitchen with an eating island, walk-in pantry, and stainless steel appliances. The primary suite has patio access, a walk-in shower, and a walk-in closet.
The home is in the Pawnee Crossing area, south of Pawnee on 119th, within the Goddard School district. The fenced yard is landscaped and has a sprinkler system; a shared irrigation well is also noted. A separate laundry room is located off the garage.
The home is in the Pawnee Crossing area, south of Pawnee on 119th, within the Goddard School district. The fenced yard is landscaped and has a sprinkler system; a shared irrigation well is also noted. A separate laundry room is located off the garage.
Key Highlights
- 1,195‑square‑foot, three‑bedroom, two‑bathroom twin home
- 0.12‑acre lot with a two‑car garage and zero‑step entry
- 10‑by‑10‑foot covered patio with a lake or pond view
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,167
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,340
$183.3K
Cap Rate 7%
$130,957
$131.0K
Cap Rate 9%
$101,856
$101.9K
Market Conditions
NOI Build-Up for 1,195 SF
Gross rent
$17.6K $14.76/SF
− Vacancy
−$970 −$0.81/SF
EGI
$16.7K $13.95/SF
− OpEx
−$7.5K −$6.28/SF
NOI
$9.2K $7.67/SF
Area
Wichita, KS
Vacancy
5.50%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,340
Cap Rate 7%
$130,957
Cap Rate 9%
$101,856
Alternative Uses
Best Use
Apartment 5plus
$131.0K
$114.6K – $152.8K
NOI $9,167 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$295.9K
$258.9K – $345.2K
NOI $20,712 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 67215, KS
6,451
Population
2,266
Households
2.8
Avg Household Size
36
Median Age
39%
College-Educated
93%
High-School Grad
17.2 sq mi
ZIP Area
375
Density / Sq Mi
$110,329
Median Household Income
$48,691
Median Earnings
$1,336
Median Rent
$222,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A three-bedroom twin home features a fenced yard, a covered patio, and a pond-side setting.
Where is this residential income property located?
The property is located at 11840 W Graber Ct. Unit 200 Wichita, KS.
What is the asking price?
The asking price for this property is $195,900.
What are key features of this property?
This property features: 1,195‑square‑foot, three‑bedroom, two‑bathroom twin home; 0.12‑acre lot with a two‑car garage and zero‑step entry; 10‑by‑10‑foot covered patio with a lake or pond view
