Duplex with Split Floor
12118-12120 W 33rd St N, Wichita, KS 67205
For Sale
$368,000
Each residence has three bedrooms, two full bathrooms, and a two-car garage.
Property Size2,572 SF
Price / SF$143.08
Days on Market314
Property Features for 12118-12120 W 33rd St N
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
private bathroom
walk-in closet
open-concept living and dining area
modern kitchen
large peninsula eating bar
walk in pantry
quartz countertops
separate laundry area
covered rear patio
fully fenced backyard
nine-foot ceilings
all kitchen appliances provided including refrigerator
Building Details
Building Size
Year Built
Units
Listing Agency:
Russell Real Resources LLC
(316) 516-7417
Listed By:
Bree Russell · License KS BRSP00218596
Source:
Albright-realty
Added: Jan 1
Changed: Nov 9
Last Checked: Nov 9 at 3:42PM
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 Russell Real Resources LLC
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Investment Insights
Based on property information with market context.
This 2021 duplex contains 2,572 square feet, with a three-bedroom, two-bathroom layout on each side. Both residences include an open living and dining area, a kitchen with a peninsula eating bar and walk-in pantry, and a separate laundry area. Quartz countertops are featured in the kitchens and bathrooms. Each side also has a primary suite with a private bathroom and walk-in closet, plus a two-car garage. Covered rear patios and fenced backyards provide outdoor space. Kitchen appliances, including refrigerators, are included; washers and dryers are not.
The property is in the Maize High District, near shopping along Maize Road. The HOA handles yard mowing and maintains neighborhood covenants. Tenants are responsible for utilities.
The property is in the Maize High District, near shopping along Maize Road. The HOA handles yard mowing and maintains neighborhood covenants. Tenants are responsible for utilities.
Key Highlights
- 2,572 SF duplex built in 2021
- Two three‑bedroom, two‑bathroom residences, each with a two‑car garage
- Quartz countertops in both kitchens and all bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,505
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,100
$430.1K
Cap Rate 7%
$307,214
$307.2K
Cap Rate 9%
$238,944
$238.9K
Market Conditions
NOI Build-Up for 2,572 SF
Gross rent
$32.4K $12.60/SF
− Vacancy
−$1.7K −$0.66/SF
EGI
$30.7K $11.94/SF
− OpEx
−$9.2K −$3.58/SF
NOI
$21.5K $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%
$430,100
Cap Rate 7%
$307,214
Cap Rate 9%
$238,944
Alternative Uses
Best Use
Multifamily LT 5
$307.2K
$268.8K – $358.4K
NOI $21,505 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$283.4K
$248.0K – $330.6K
NOI $19,836 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$546.0K
$477.8K – $637.0K
NOI $38,222 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
122
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
$314,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Wichita, KS
Properties on Market for Duplexes in Wichita
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, two full bathrooms, and a two-car garage.
Where is this duplex located?
The property is located at 12118-12120 W 33rd St N Wichita, KS.
What is the asking price?
The asking price for this property is $368,000.
What are key features of this property?
This property features: 2,572 SF duplex built in 2021; Two three‑bedroom, two‑bathroom residences, each with a two‑car garage; Quartz countertops in both kitchens and all bathrooms
