119-121 S Grant, Clearwater, KS 67026
MULTI_FAMILY - Other - Clearwater, KS
- Added:
- Jun 20, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 24 at 2:06 am
Property Features for 119-121 S Grant
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 087-267-26-0-21-03-010.00-B
- Size
- 1,512 SF
- Lot size
- 10,253.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lots 87-89-91 Grant Ave, Hammer's Add.
- Tax Annual Amount
- 2156
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1975
- Number of units
- 2
- Flooring type
- Carpet
- Building materials
- Brick Veneer
- Roof type
- Composition
- Architectural style
- Other
Listing agent Lee Harp License #00044901 (316) 722-9393
Listing office ERA Great American Realty 10300 W Central, Wichita, KS (316) 722-9393
Listing date Jun 20, 2026
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.
HighLights
- Brick veneer construction with carpet flooring
- Natural gas heating and electric cooling
- Appliances included: range and refrigerator
- Composition shingle roof
- Public water source; natural gas available
- Built in 1975
Overview
According to the seller’s remarks, the owner lived in one side while a sibling lived in the other, and there are no rent records available for review. The listing is presented as a straightforward duplex in a community setting in Clearwater, with the property offered as-is in its current condition.
For an investor, this duplex offers a manageable scale for portfolio additions, with the practical consideration that updates are in progress and rent history is not provided. For an owner-occupant, the layout supports living in one side while the other side can be used as a separate rental opportunity, subject to completing the seller-initiated updates and verifying future operating details. The property is priced for a buyer who wants to take over the remaining work and tailor the next steps to their timeline and use plan.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.1k | $12.60 |
| − Vacancy | −$991 | −$0.66 |
| EGI | $18.1k | $11.94 |
| − OpEx | −$5.4k | −$3.58 |
| NOI | $12.6k | $8.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.508953
- Latitude
- 37.503799
