Wichita Duplex with Modern
12803 Blake St Wichita, KS 67230
12803 Blake St, Wichita, KS, 67230
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For Sale
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Duplex in Southeast Wichita featuring modern kitchens and spacious layouts.
Property Size2,424 SF
Price / SF$156.35
Days on Market195
Property Features for 12803 Blake St
General Information
- Standard status
- Active
- Size
- 2,424 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2025
Listing Agency
Russell Real Resources
Listed by
Bree Russell, CCIM · License #BR SP00218596
Source
Crexi
Added: Jan 3 Checked: Jul 16 at 6:27 am
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
Investment Insights
Based on property information with market context.
This duplex features a functional three-bedroom floor plan on each side, with two full bathrooms and a large two-car garage. It is located in Southeast Wichita, offering convenient access to highways, schools, shopping, and McConnell Air Force Base. Each unit includes a spacious primary suite with a private bathroom and walk-in closet. The open-concept living and dining area is suitable for entertaining. The modern kitchen features a large peninsula eating bar and a walk-in pantry for extra storage. Quartz countertops are installed in the kitchen and both bathrooms. Each unit also has a separate laundry area and a patio for outdoor living space with a fully fenced backyard. Nine-foot and vaulted ceilings throughout the home create a spacious feel. All kitchen appliances are provided, including a refrigerator, and washer/dryer hookups are available. The HOA covers all yard mowing and upholds neighborhood covenants. Tenants are responsible for all utilities. The property size is 2424 square feet.
Key Highlights
- Convenient location near highways, schools, shopping, and McConnell AFB.
- Spacious primary suite with private bathroom and walk‑in closet.
- Modern kitchen with quartz countertops, large peninsula eating bar, walk‑in pantry, and all appliances included.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.5k | $12.60 |
| − Vacancy | −$2.0k | −$0.82 |
| EGI | $28.6k | $11.78 |
| − OpEx | −$8.6k | −$3.53 |
| NOI | $20.0k | $8.25 |
2,424 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$285.6K
$249.9K – $333.2K
NOI $19,990 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$265.7K
$232.5K – $309.9K
NOI $18,596 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$600.2K
$525.2K – $700.2K
NOI $42,013 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex in Southeast Wichita featuring modern kitchens and spacious layouts.
Where is this duplex located?
The property is located at 12803 Blake St Wichita, KS.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Convenient location near highways, schools, shopping, and McConnell AFB.; **Spacious primary suite** with private bathroom and walk‑in closet.; **Modern kitchen** with quartz countertops, large peninsula eating bar, walk‑in pantry, and all appliances included.
