Three-Bedroom
12124-12126 W 33rd St N, Wichita, KS 67205
For Sale
$368,000
Two mirrored residences combine private bedroom suites with shared-style open living areas and covered outdoor space.
Property Size2,572 SF
Price / SF$143.08
Days on Market314
Property Features for 12124-12126 W 33rd St N
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Furnished
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
covered rear patio
fully fenced backyard
kitchen appliances provided
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 8
Last Checked: Nov 9 at 4:11PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2021, this 2,572-square-foot duplex has a three-bedroom split floor plan on each side, with two full bathrooms per residence. Features include open living and dining areas, kitchens with peninsula seating and walk-in pantries, quartz countertops, and separate laundry areas. Each side also has a primary suite with a private bath and walk-in closet. The property includes a large two-car garage, covered rear patio, and fully fenced backyard. Kitchen appliances, including refrigerators, are provided; washers and dryers are not included.
Located at 12124-12126 W 33rd St N in Wichita, the property is in the Maize High District and near shopping along Maize Road. The HOA covers yard mowing and enforces neighborhood covenants. Tenants pay utilities.
Located at 12124-12126 W 33rd St N in Wichita, the property is in the Maize High District and near shopping along Maize Road. The HOA covers yard mowing and enforces neighborhood covenants. Tenants pay utilities.
Key Highlights
- Built in 2021; 2,572 square feet
- Each side has 3 bedrooms and 2 full bathrooms
- Large 2‑car garage
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
Property Analytics
Lease Details
2
Residential units
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 - Two mirrored residences combine private bedroom suites with shared-style open living areas and covered outdoor space.
Where is this duplex located?
The property is located at 12124-12126 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: Built in 2021; 2,572 square feet; Each side has 3 bedrooms and 2 full bathrooms; Large 2‑car garage
