Wichita Duplex with Modern
For Sale
Contact for pricing
12953-12955 E Blake Street, Wichita, KS 67230
Duplex in Southeast Wichita featuring modern kitchens and spacious layouts.
Property Size2,424 SF
Price / SF$158.83
Days on Market287
Property Features for 12953-12955 E Blake Street
General Information
Standard status
Active
Size
2,424 SF
Class
A
Property subtype
Multifamily
Zoning
MF duplex
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$21,000
Building Details
Year Built
2025
Buildings
1
Stories
1
Units
2
Listing Agency:
Russell Real Resources
Listed By:
Bree Russell, CCIM · License #BR SP00218596
(316) 516-7417
Source:
Crexi
Added: Jan 3
Changed: Oct 14
Last Checked: Oct 16 at 7:35AM
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
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,990
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,800
$399.8K
Cap Rate 7%
$285,571
$285.6K
Cap Rate 9%
$222,111
$222.1K
Market Conditions
NOI Build-Up for 2,424 SF
Gross rent
$30.5K $12.60/SF
− Vacancy
−$2.0K −$0.82/SF
EGI
$28.6K $11.78/SF
− OpEx
−$8.6K −$3.53/SF
NOI
$20.0K $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%
$399,800
Cap Rate 7%
$285,571
Cap Rate 9%
$222,111
Alternative Uses
Best Use
Multifamily LT 5
$285.6K
$249.9K – $333.2K
NOI $19,990 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$265.7K
$232.5K – $309.9K
NOI $18,596 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$600.2K
$525.2K – $700.2K
NOI $42,013 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 67230, KS
12,633
Population
4,093
Households
3.1
Avg Household Size
44
Median Age
63%
College-Educated
98%
High-School Grad
9.8 sq mi
ZIP Area
1,289
Density / Sq Mi
$151,173
Median Household Income
$67,417
Median Earnings
$2,026
Median Rent
$388,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
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 12953-12955 E Blake Street Wichita, KS.
What is the asking price?
The asking price for this property is $385,000.
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.
