12826 & 12828 W Red Rock St, Wichita, KS 67235
- Added:
- Apr 20, 2026
- Days on Market:
- 56
- Last Refresh:
- Jun 14 at 2:06 am
Property Features for 12826 & 12828 W Red Rock St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking
- 4
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator
- Standard status
- Pending
- APN
- 00000-1234
- Size
- 2,390 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 18 BLOCK 2 LIONSGATE ADDITION
- Tax Annual Amount
- 2
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Electric, Multi Units
- Water source
- Public
Building Details
- Year built
- 2026
- Roof type
- Composition
- Architectural style
- Other
Listing agent Karianne Williams License #SP00236729 (316) 208-5351
Listing office Coldwell Banker Plaza Real Estate 9860 E. 21st St. N., Wichita, KS (316) 686-7121
Listing date Apr 20, 2026
Copyright © 2026 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Located within the highly desirable Goddard School District.
- Brand new construction (built in 2026) with modern design and move‑in ready condition.
- Open concept layout with stylish electric fireplace.
- Fenced yard with fresh sod and sprinkler system.
- HOA covers lawn maintenance for a low‑maintenance lifestyle.
- Includes a 2‑car attached garage.
Overview
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 | $30.1k | $12.60 |
| − Vacancy | −$2.0k | −$0.82 |
| EGI | $28.2k | $11.78 |
| − OpEx | −$8.4k | −$3.53 |
| NOI | $19.7k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.49088
- Latitude
- 37.647875
