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Duplex with Split-Bedroom Floor Plans

12130-12132 W 33rd St N, Wichita, KS 67205

For Sale
$368,000

Each residence offers a private primary suite, fenced backyard, and covered patio.

Property Size2,572 SF
Price / SF$143.08
Days on Market314

Property Features for 12130-12132 W 33rd St N

General Information

Standard status Active
Size 2,572 SF
Total Parking Spaces 4
Property subtype Residential Income

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $5,454

Building Details

Building Size 2,572 SF
Year Built 2021
Buildings 1
Units 2
Listing Agency: Russell Real Resources LLC
Listed By: Bree Russell · License KS BRSP00218596
Source: Albright-realty
Added: Jan 1 Changed: Nov 8 Last Checked: Nov 9 at 2:29PM

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.

Built in 2021, this duplex contains two residences, each with 3 bedrooms and 2 full bathrooms. Both sides feature split-bedroom layouts, an open living and dining area, and a kitchen with quartz countertops, a peninsula eating bar, and a walk-in pantry. A separate laundry area and large two-car garage serve each residence. The 2,572-square-foot property also includes covered rear patios and fenced backyards.

Nine-foot ceilings extend throughout the homes. Kitchen appliances, including refrigerators, are provided; washers and dryers are not included. The HOA covers yard mowing and enforces neighborhood covenants, while tenants pay all utilities. The property is in the Maize High District, near shopping along Maize Road, and is available for owner occupancy in May or June 2026. It may be sold as part of a package.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 full bathrooms
  • Built in 2021; 2,572 square feet total
  • Each side includes a large two‑car garage, covered rear patio, and fenced backyard

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 (±1% cap)
NOI $21,505 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$283.4K
$248.0K – $330.6K (±1% cap)
NOI $19,836 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$546.0K
$477.8K – $637.0K (±1% cap)
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

1
Residential units

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

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

$143 Jul
$146 Aug
$145 Sep
$151 Oct

Properties on Market for Duplexes in Wichita

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers a private primary suite, fenced backyard, and covered patio.
Where is this duplex located?
The property is located at 12130-12132 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: Two residences, each with 3 bedrooms and 2 full bathrooms; Built in 2021; 2,572 square feet total; Each side includes a large two‑car garage, covered rear patio, and fenced backyard
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