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New Construction Duplex
For Sale
$459,800

12902 W Thorton St Unit 100, Wichita, KS 67235

Residential Income, Wichita, KS

Property Size2,822 SF
Lot Size0.28 Acres
Price / SF$162.93
Days on Market55

Property Features for 12902 W Thorton St Unit 100

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Parking 4
Appliances Dishwasher, Disposal, Microwave, Range, Refrigerator
Subdivision Bridger at Central Addition - Crescent Creek
Elementary school Explorer
Middle school Eisenhower
High school Dwight D. Eisenhower
Elementary school district Goddard School District (USD 265)
Middle school district Goddard School District (USD 265)
High school district Goddard School District (USD 265)
Directions West on Central from 119th to "Crescent Creek", before 135th. North on Rainbow Lake St.
Standard status Active
APN 30028061
Size 2,822 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1 BLOCK E BRIDGER AT CENTRAL ADDITION
HOA Fee $3,000 Annually
Legal Description LOT 1 BLOCK E BRIDGER AT CENTRAL ADDITION

Utilities

Utilities Natural Gas Available
Heating system Forced Air, Natural Gas
Cooling system Electric
Water source Public

Building Details

Year built 2026
Number of units 2
Building materials Frame
Roof type Composition
Architectural style Other
Listing Agency: RE/MAX Premier · RE/MAX International
Listed By: Karen Hampton · License #00052101
Added: Aug 16 Changed: Oct 9 Last Checked: Oct 9 at 11:06PM
MLS# 677651

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.

Investment Insights

Based on property information with market context.

This under-construction duplex in Wichita is planned as two residences, each with more than 1,400 square feet, three bedrooms, two bathrooms, and a two-car garage. Interior features include vaulted living room ceilings, a kitchen with quartz counters and stainless steel appliances, and a primary suite with a walk-in closet, double vanity, and walk-in shower. Each side also has a covered patio, fenced yard, and sprinkler system. The property totals 2,822 square feet on a 0.2828-acre lot.

An HOA is being established. Its planned services include lawn mowing, irrigation, and trash collection, with a swimming pool and clubhouse described as future amenities. The duplex is listed at 12902 W Thorton St Unit 100 in Wichita, Kansas, and has a 2026 year built designation.

Key Highlights

  • Two residences, each with more than 1,400 square feet
  • 3 bedrooms and 2 bathrooms per side
  • Two‑car garage for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,272
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,440 $465.4K
Cap Rate 7%
$332,457 $332.5K
Cap Rate 9%
$258,578 $258.6K
Market Conditions
NOI Build-Up for 2,822 SF
Gross rent
$35.6K $12.60/SF
− Vacancy
−$2.3K −$0.82/SF
EGI
$33.2K $11.78/SF
− OpEx
−$10.0K −$3.53/SF
NOI
$23.3K $8.25/SF
Area
Wichita, KS
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,440
Cap Rate 7%
$332,457
Cap Rate 9%
$258,578

Alternative Uses

Best Use
Multifamily LT 5
$332.5K
$290.9K – $387.9K (±1% cap)
NOI $23,272 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$309.3K
$270.6K – $360.8K (±1% cap)
NOI $21,649 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$698.7K
$611.4K – $815.2K (±1% cap)
NOI $48,912 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 67235, KS

14,824
Population
5,311
Households
2.8
Avg Household Size
38
Median Age
45%
College-Educated
98%
High-School Grad
10.8 sq mi
ZIP Area
1,373
Density / Sq Mi
$112,500
Median Household Income
$51,333
Median Earnings
$1,541
Median Rent
$298,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence pairs three bedrooms and two bathrooms with a two-car garage.
Where is this duplex located?
The property is located at 12902 W Thorton St Unit 100 Wichita, KS.
What is the asking price?
The asking price for this property is $459,800.
What are key features of this property?
This property features: Two residences, each with more than 1,400 square feet; 3 bedrooms and 2 bathrooms per side; Two‑car garage for each residence
More about this property
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