2006 Duplex Investment
1330 South Everett Street Unit 2 Wichita, KS 67213
For Sale
$150,000
Built in 2006, this duplex offers two-bedroom units with open kitchen layouts and covered porches.
Property Size1,768 SF
Price / SF$84.84
Days on Market2477
Property Features for 1330 South Everett Street Unit 2
General Information
- Standard status
- Active
- Size
- 1,768 SF
- Property subtype
- Multi-Family / Twin/Duplex
Building Details
- Year Built
- 2006
Listing Agency:
Reece Nichols South Central Kansas
(316) 706-5970
Listed By:
Charissa Bozarth · License #00048683
Source:
Compass
Added: Oct 13, 2019
Changed: Jul 23
Last Checked: Jul 23 at 2:42AM
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 Reece Nichols South Central Kansas
Investment Insights
Based on property information with market context.
This well-maintained duplex was built in 2006 and features two-bedroom units with open kitchen areas that include eating space, a pantry, and kitchen appliances. A main-floor laundry area is included. The exterior is described as maintenance-free with vinyl siding and a covered porch. The property is being sold as-is, and the seller will make no repairs and no termite treatment if needed.
The listing provides the duplex address in Wichita, Kansas, and includes Unit 2 in the address line.
Each unit’s practical layout includes an open kitchen with dining space, pantry storage, and in-unit kitchen appliances that belong to the owner.
The listing provides the duplex address in Wichita, Kansas, and includes Unit 2 in the address line.
Each unit’s practical layout includes an open kitchen with dining space, pantry storage, and in-unit kitchen appliances that belong to the owner.
Key Highlights
- Duplex built in 2006 with two‑bedroom units
- Open kitchen layouts with eating space and pantry
- Kitchen appliances included: dishwasher, over‑range, and refrigerator (as owner items)
Financial Insights For Apartment 5plus
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 | $26.1k | $14.76 |
| − Vacancy | −$1.4k | −$0.81 |
| EGI | $24.7k | $13.95 |
| − OpEx | −$11.1k | −$6.28 |
| NOI | $13.6k | $7.67 |
1,768 SF · lease $14.76/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$208.3K
$182.3K – $243.0K
NOI $14,580 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$193.8K
$169.5K – $226.1K
NOI $13,563 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$437.8K
$383.0K – $510.7K
NOI $30,643 @ 7.0% cap · market cap 20.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Built in 2006, this duplex offers two-bedroom units with open kitchen layouts and covered porches.
Where is this duplex located?
The property is located at 1330 South Everett Street Unit 2 Wichita, KS.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Duplex built in 2006 with two‑bedroom units; Open kitchen layouts with eating space and pantry; Kitchen appliances included: dishwasher, over‑range, and refrigerator (as owner items)
