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New Construction Duplex
For Sale
$449,800

12906 W Thorton St Unit 100, Wichita, KS 67235

Residential Income, Wichita, KS

Property Size2,712 SF
Lot Size0.28 Acres
Price / SF$165.86
Days on Market55

Property Features for 12906 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. to Thornton.
Standard status Active
APN 30028062
Size 2,712 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 2 BLOCK E BRIDGER AT CENTRAL ADDITION
Tax Annual Amount 6
HOA Fee $3,000 Annually
Legal Description LOT 2 BLOCK E BRIDGER AT CENTRAL ADDITION

Utilities

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

Amenities

covered front porch
electric fireplace
vaulted ceilings
open-concept kitchen
quartz countertops
pantry
stainless steel appliances
covered patio
fully fenced backyard
sprinklered backyard
walk-in shower
dual vanities
oversized walk-in closet

Building Details

Year built 2025
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 10:06PM
MLS# 677648

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 contains 2,712 square feet across two residences, each with 3 bedrooms, 2 bathrooms, and a 2-car garage. Both sides feature an open kitchen and living area, an electric fireplace, vaulted ceilings, quartz countertops, stainless steel appliances, and a pantry. The primary suite includes dual vanities, a walk-in shower, and an oversized walk-in closet. Each home also has a covered front porch, a covered 10x10 patio, and a fenced, sprinklered backyard.

The property is in Wichita, 1/2 mile east of 135th Street on Central. Planned community features include a clubhouse, swimming pool, pickleball court, stocked lake, and walking paths. HOA services include lawn mowing, trash service, and irrigation.

Key Highlights

  • Two residences totaling 2,712 square feet; each has 1,356 sq. ft.
  • Each side includes 3 bedrooms, 2 bathrooms, and a 2‑car garage
  • Primary suite measures 12x14 and includes an oversized walk‑in closet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,365
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,300 $447.3K
Cap Rate 7%
$319,500 $319.5K
Cap Rate 9%
$248,500 $248.5K
Market Conditions
NOI Build-Up for 2,712 SF
Gross rent
$34.2K $12.60/SF
− Vacancy
−$2.2K −$0.82/SF
EGI
$32.0K $11.78/SF
− OpEx
−$9.6K −$3.53/SF
NOI
$22.4K $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%
$447,300
Cap Rate 7%
$319,500
Cap Rate 9%
$248,500

Alternative Uses

Best Use
Multifamily LT 5
$319.5K
$279.6K – $372.8K (±1% cap)
NOI $22,365 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$297.2K
$260.1K – $346.8K (±1% cap)
NOI $20,805 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$671.5K
$587.6K – $783.4K (±1% cap)
NOI $47,005 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Multi-tenant
Tenancy

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 combines an open kitchen and living area with a private fenced backyard and covered patio.
Where is this duplex located?
The property is located at 12906 W Thorton St Unit 100 Wichita, KS.
What is the asking price?
The asking price for this property is $449,800.
What are key features of this property?
This property features: Two residences totaling 2,712 square feet; each has 1,356 sq. ft.; Each side includes 3 bedrooms, 2 bathrooms, and a 2‑car garage; Primary suite measures 12x14 and includes an oversized walk‑in closet
More about this property
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