New-Construction 3-Bedroom
16340-16342 W Lynndale St, Goddard, KS 67052
For Sale
$375,000
Each residence offers modern finishes, covered outdoor space, and HOA-managed lawn care.
Property Size2,640 SF
Price / SF$142.05
Days on Market215
Property Features for 16340-16342 W Lynndale St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
Russell Real Resources LLC
(316) 516-7417
Listed By:
Bree Russell · License KS BRSP00218596
Source:
Albright-realty
Added: Apr 10
Changed: Nov 8
Last Checked: Nov 9 at 8:44PM
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 twin-home property contains two residences with split three-bedroom layouts. Each side has two full bathrooms, including a primary suite with a walk-in shower and closet, plus a second bath with a tub and shower. Interior finishes include LVP flooring, quartz countertops in the kitchen and bathrooms, a walk-in pantry, vaulted living areas, and 9-foot ceilings. Covered patios lead to fenced backyards. The property totals 2,640 square feet.
The duplex is adjacent to the Goddard-Eisenhower school district campus. It is located on the east side of Goddard, a couple of miles west of Wichita and one mile from Goddard shopping and entertainment. Kellogg US54/KS400 is just north of the addition.
The HOA covers lawn care, while residents pay their own utilities. The property may be purchased individually or as part of a duplex package.
The duplex is adjacent to the Goddard-Eisenhower school district campus. It is located on the east side of Goddard, a couple of miles west of Wichita and one mile from Goddard shopping and entertainment. Kellogg US54/KS400 is just north of the addition.
The HOA covers lawn care, while residents pay their own utilities. The property may be purchased individually or as part of a duplex package.
Key Highlights
- 2024 construction with two three‑bedroom residences
- 2,640‑square‑foot duplex with split floor plans
- Each side has two full baths, including a primary suite with walk‑in shower and closet
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
$314.2K
$274.9K – $366.6K
NOI $21,993 @ 7.0% cap · market cap 5.86%
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
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
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
$253,800
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Goddard, KS
Properties on Market for Duplexes in Goddard
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers modern finishes, covered outdoor space, and HOA-managed lawn care.
Where is this duplex located?
The property is located at 16340-16342 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: 2024 construction with two three‑bedroom residences; 2,640‑square‑foot duplex with split floor plans; Each side has two full baths, including a primary suite with walk‑in shower and closet
