Duplex Property with
For Sale
$180,000
Pending
1399 N Valleyview St, Wichita, KS 67212
Residential, Wichita, KS
Property Size1,974 SF
Lot Size0.15 Acres
Days on Market21
Property Features for 1399 N Valleyview St
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Dining Room, Bonus Room, Laundry Room, Family Room, Bathroom 2, Bedroom 2, Bedroom 3
Patio and Porch features
Deck
Interior features
Ceiling Fan(s), Window Coverings-Part
Exterior features
Guttering - ALL, Frame w/Less than 50% Mas
Basement
Partially Finished
Appliances
Dishwasher, Refrigerator, Range
Subdivision
WESTLINK
Lot features
Corner Lot, Standard
Elementary school
Peterson
Middle school
Wilbur
High school
Northwest
Elementary school district
Wichita School District (USD 259)
Middle school district
Wichita School District (USD 259)
High school district
Wichita School District (USD 259)
Directions
From 13th & Maize Rd, go E to Valleyview and home is on the corner.
Standard status
Pending
APN
087-134-17-0-22-02-001.00-
Size
1,974 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 1 EXC BEG SE COR N 62.53 FT W 99.94 FT M-L TO W LI S 65.25 FT TO SW COR E 100 FT TO BEG BLOCK 1
Tax Annual Amount
1785
Legal Description
LOT 1 EXC BEG SE COR N 62.53 FT W 99.94 FT M-L TO W LI S 65.25 FT TO SW COR E 100 FT TO BEG BLOCK 1
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air, Natural Gas
Cooling system
Electric, Central Air
Building Details
Year built
1974
Roof type
Composition
Architectural style
Other
Listing Agency:
Heritage 1st Realty
(316) 512-1300
Listed By:
Blake Billington
(316) 833-6156
Added: Oct 8
Changed: Oct 21
Last Checked: Oct 28 at 10:06AM
MLS# 680209
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.
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Investment Insights
Based on property information with market context.
This 1,974-square-foot duplex property, built in 1974, sits on a 0.15-acre lot in Wichita. Interior features include a main-level living room, kitchen with an eating area, and access to a deck. The lower level has a family room, a second full bathroom, and a bonus room. Recent work includes interior painting, new LVP flooring, and bathroom updates. An attached garage and additional storage are also part of the property.
The home is in west Wichita, with shopping, dining, and New Market Square identified nearby. The kitchen includes a dishwasher, refrigerator, and range; heating is forced air with natural gas, and cooling is central air.
The home is in west Wichita, with shopping, dining, and New Market Square identified nearby. The kitchen includes a dishwasher, refrigerator, and range; heating is forced air with natural gas, and cooling is central air.
Key Highlights
- 1,974 square feet on a 0.15‑acre lot
- Built in 1974
- Interior includes living and family rooms, an eating area, two full bathrooms, and a bonus room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,729
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,580
$294.6K
Cap Rate 7%
$210,414
$210.4K
Cap Rate 9%
$163,656
$163.7K
Market Conditions
NOI Build-Up for 1,974 SF
Gross rent
$22.5K $11.40/SF
− Vacancy
−$1.5K −$0.74/SF
EGI
$21.0K $10.66/SF
− OpEx
−$6.3K −$3.20/SF
NOI
$14.7K $7.46/SF
Area
ZIP 67212
Vacancy
6.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,580
Cap Rate 7%
$210,414
Cap Rate 9%
$163,656
Alternative Uses
Best Use
Multifamily LT 5
$210.4K
$184.1K – $245.5K
NOI $14,729 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$196.4K
$171.8K – $229.1K
NOI $13,745 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$430.7K
$376.9K – $502.5K
NOI $30,150 @ 7.0% cap · market cap 16.75%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
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Business Placement
Demographics for 67212, KS
43,587
Population
19,409
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
93%
High-School Grad
12.5 sq mi
ZIP Area
3,487
Density / Sq Mi
$64,957
Median Household Income
$42,601
Median Earnings
$1,021
Median Rent
$189,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Updated bathrooms and new LVP flooring complement a flexible interior with living and family rooms.
Where is this duplex located?
The property is located at 1399 N Valleyview St Wichita, KS.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 1,974 square feet on a 0.15‑acre lot; Built in 1974; Interior includes living and family rooms, an eating area, two full bathrooms, and a bonus room
