Updated Duplex with Private
For Sale
$360,000
Pending
12148 W 33rd St N, Wichita, KS 67205
Five-year-old duplex with accessible entry, upgraded finishes, fenced yards, and a rented second unit.
Property Size2,432 SF
Days on Market61
Property Features for 12148 W 33rd St N
General Information
Standard status
Pending
Size
2,432 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,018
Amenities
zero-entry access
luxury vinyl flooring
granite countertops
stainless steel appliances
ceiling fans
fenced backyard
automatic sprinkler system
irrigation well
Building Details
Buildings
1
Listing Agency:
Collins & Associates
(316) 500-0631
Listed By:
Matt Birch · License #00230085
(316) 393-4270
Source:
Exprealty
Added: Aug 18
Changed: Oct 3
Last Checked: Oct 16 at 9:37AM
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 Collins & Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5-year-old duplex provides a practical owner-occupant setup, with one side available for occupancy and the other currently rented. The property includes 3 bedrooms and 2 bathrooms, along with zero-entry access and ceiling heights reaching 9' and 11'. Luxury vinyl flooring extends throughout the interiors, while the kitchens feature granite countertops and stainless steel appliances. Ceiling fans are installed in key rooms.
Each side includes a private, fully fenced backyard supported by an automatic sprinkler system and a dedicated irrigation well. The Wichita property is located at 12148 W 33rd St N and offers a combination of residential functionality, durable finishes, and an existing rental component.
Each side includes a private, fully fenced backyard supported by an automatic sprinkler system and a dedicated irrigation well. The Wichita property is located at 12148 W 33rd St N and offers a combination of residential functionality, durable finishes, and an existing rental component.
Key Highlights
- Duplex with 3 bedrooms and 2 bathrooms
- One unit is currently rented while the other is available for occupancy
- 9' and 11' ceiling heights with zero‑entry access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,335
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,700
$406.7K
Cap Rate 7%
$290,500
$290.5K
Cap Rate 9%
$225,944
$225.9K
Market Conditions
NOI Build-Up for 2,432 SF
Gross rent
$30.6K $12.60/SF
− Vacancy
−$1.6K −$0.66/SF
EGI
$29.0K $11.94/SF
− OpEx
−$8.7K −$3.58/SF
NOI
$20.3K $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%
$406,700
Cap Rate 7%
$290,500
Cap Rate 9%
$225,944
Alternative Uses
Best Use
Multifamily LT 5
$290.5K
$254.2K – $338.9K
NOI $20,335 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$267.9K
$234.5K – $312.6K
NOI $18,756 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$516.3K
$451.8K – $602.4K
NOI $36,141 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Five-year-old duplex with accessible entry, upgraded finishes, fenced yards, and a rented second unit.
Where is this duplex located?
The property is located at 12148 W 33rd St N Wichita, KS.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Duplex with 3 bedrooms and 2 bathrooms; One unit is currently rented while the other is available for occupancy; 9' and 11' ceiling heights with zero‑entry access
