Newer Construction
For Sale
$365,000
Pending
12055 / 12057 W Shadow Lakes St, Maize, KS 67205
Residential Income, Maize, KS
Property Size2,316 SF
Lot Size0.19 Acres
Days on Market191
Property Features for 12055 / 12057 W Shadow Lakes St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Parking features
On Street
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Subdivision
OASIS
Elementary school
Maize USD266
Middle school
Maize
High school
Maize
Elementary school district
Maize School District (USD 266)
Middle school district
Maize School District (USD 266)
High school district
Maize School District (USD 266)
Directions
West on Shadow Lakes St
Standard status
Pending
APN
30-014066
Size
2,316 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 27 BLOCK A OASIS ADDITION
Tax Annual Amount
6166
HOA Fee
$1,600 Annually
Legal Description
LOT 27 BLOCK A OASIS ADDITION
Utilities
Utilities
Natural Gas Available
Heating system
Natural Gas, Heat Pump (Heating)
Cooling system
Electric
Water source
Public
Amenities
irrigation wells
Building Details
Year built
2022
Number of units
2
Building materials
Masonite
Roof type
Composition
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Genni Trilli · License #00244599
(316) 558-0067
Added: Apr 10
Changed: Oct 8
Last Checked: Oct 17 at 5:06PM
MLS# 671107
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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Investment Insights
Based on property information with market context.
Built in 2022, this 2,316-square-foot duplex contains two three-bedroom, two-bathroom units on a 0.1872-acre lot. Each residence includes a primary suite, separate laundry area, pantry, quartz countertops, and a complete appliance package with a range, refrigerator, dishwasher, disposal, and microwave. The property is 100% occupied and served by public water, natural gas availability, electric cooling, heat-pump heating, and composition roofing.
Located in Maize within the Maize School District, the property includes irrigation wells for the yards and HOA lawn care and landscaping for the duplex. Four years of special taxes have been paid. Parking is provided on street.
Located in Maize within the Maize School District, the property includes irrigation wells for the yards and HOA lawn care and landscaping for the duplex. Four years of special taxes have been paid. Parking is provided on street.
Key Highlights
- 2022‑built duplex with 2,316 square feet
- Two units, each with 3 bedrooms and 2 bathrooms
- 100% occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,365
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,300
$387.3K
Cap Rate 7%
$276,643
$276.6K
Cap Rate 9%
$215,167
$215.2K
Market Conditions
NOI Build-Up for 2,316 SF
Gross rent
$29.2K $12.60/SF
− Vacancy
−$1.5K −$0.66/SF
EGI
$27.7K $11.94/SF
− OpEx
−$8.3K −$3.58/SF
NOI
$19.4K $8.36/SF
Area
ZIP 67205
Vacancy
5.20%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,300
Cap Rate 7%
$276,643
Cap Rate 9%
$215,167
Alternative Uses
Best Use
Multifamily LT 5
$276.6K
$242.1K – $322.8K
NOI $19,365 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$255.2K
$223.3K – $297.7K
NOI $17,861 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$491.7K
$430.2K – $573.6K
NOI $34,418 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 67205, KS
20,461
Population
7,467
Households
2.7
Avg Household Size
40
Median Age
50%
College-Educated
98%
High-School Grad
16.9 sq mi
ZIP Area
1,211
Density / Sq Mi
$120,630
Median Household Income
$65,457
Median Earnings
$1,237
Median Rent
$314,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with two three-bedroom units, modern kitchen finishes, and separate laundry areas.
Where is this duplex located?
The property is located at 12055 / 12057 W Shadow Lakes St Maize, KS.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 2022‑built duplex with 2,316 square feet; Two units, each with 3 bedrooms and 2 bathrooms; 100% occupancy
