Two-Unit Duplex with Modern
For Sale
$375,000
16331-16333 W Lynndale St, Goddard, KS 67052
Each residence has a split three-bedroom layout, covered patio, and fenced backyard, with lawn care handled through the HOA.
Property Size2,640 SF
Price / SF$142.05
Days on Market199
Property Features for 16331-16333 W Lynndale St
General Information
Standard status
Active
Size
2,640 SF
Total Parking Spaces
4
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$4,481
Building Details
Building Size
2,640 SF
Year Built
2024
Units
2
Listing Agency:
Russell Real Resources LLC
(316) 516-7417
Listed By:
Bree Russell · License #BR SP00218596
Source:
Albright-realty
Added: Apr 22
Changed: Nov 2
Last Checked: Nov 4 at 6:05AM
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 LLC
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Investment Insights
Based on property information with market context.
Built in 2024, this duplex contains two residences with a combined 2,640 square feet. Each side has three bedrooms, two full bathrooms, a walk-in pantry, and a primary suite with a walk-in shower and closet. Interior finishes include LVP flooring and quartz countertops in the kitchen and bathrooms, along with vaulted living areas and 9-foot ceilings. Covered patios connect to fenced backyards.
The property is adjacent to the Goddard-Eisenhower school district campus, about one mile from shopping and entertainment in Goddard, and a couple of miles west of Wichita. Its location is just north of Kellogg US54/KS400.
The property is adjacent to the Goddard-Eisenhower school district campus, about one mile from shopping and entertainment in Goddard, and a couple of miles west of Wichita. Its location is just north of Kellogg US54/KS400.
Key Highlights
- Two residences with 3 bedrooms and 2 full bathrooms per side
- 2,640 square feet in a 2024‑built duplex
- Quartz countertops in kitchens and both bathrooms; LVP flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,074
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,480
$441.5K
Cap Rate 7%
$315,343
$315.3K
Cap Rate 9%
$245,267
$245.3K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$33.3K $12.60/SF
− Vacancy
−$1.7K −$0.66/SF
EGI
$31.5K $11.94/SF
− OpEx
−$9.5K −$3.58/SF
NOI
$22.1K $8.36/SF
Area
Sedgwick County, KS
Vacancy
5.20%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,480
Cap Rate 7%
$315,343
Cap Rate 9%
$245,267
Alternative Uses
Best Use
Multifamily LT 5
$315.3K
$275.9K – $367.9K
NOI $22,074 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$290.9K
$254.5K – $339.3K
NOI $20,360 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$550.3K
$481.5K – $642.0K
NOI $38,518 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 67052, KS
8,977
Population
3,081
Households
2.9
Avg Household Size
36
Median Age
39%
College-Educated
98%
High-School Grad
51.8 sq mi
ZIP Area
173
Density / Sq Mi
$104,044
Median Household Income
$48,428
Median Earnings
$1,372
Median Rent
$253,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a split three-bedroom layout, covered patio, and fenced backyard, with lawn care handled through the HOA.
Where is this duplex located?
The property is located at 16331-16333 W Lynndale St Goddard, KS.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two residences with 3 bedrooms and 2 full bathrooms per side; 2,640 square feet in a 2024‑built duplex; Quartz countertops in kitchens and both bathrooms; LVP flooring
