Duplex Townhome with Covered
1737-1739 S Limuel St., Wichita, KS 67205
For Sale
$375,000
Each residence offers three bedrooms, two full bathrooms, a two-car garage and HOA-managed lawn care.
Property Size2,528 SF
Price / SF$148.34
Days on Market203
Property Features for 1737-1739 S Limuel St.
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
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 22
Changed: Nov 7
Last Checked: Nov 9 at 12:41PM
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 2023, this duplex townhome contains two residences, each with three bedrooms, two full bathrooms and a large two-car garage. Interior finishes include LVP flooring, granite in the kitchen and bathrooms, a walk-in pantry and nine-foot ceilings. Each residence also has a covered patio and a fenced backyard.
The property is in the Goddard School District, with access to Highway 54 and the Sunset Prairie Trail. The HOA manages lawn mowing, the sprinkler system and well water. The property may be purchased as part of a package.
The property is in the Goddard School District, with access to Highway 54 and the Sunset Prairie Trail. The HOA manages lawn mowing, the sprinkler system and well water. The property may be purchased as part of a package.
Key Highlights
- Two residences, each with three bedrooms and two full bathrooms
- Built in 2023
- Two‑car garage on each side
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,138
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,760
$422.8K
Cap Rate 7%
$301,971
$302.0K
Cap Rate 9%
$234,867
$234.9K
Market Conditions
NOI Build-Up for 2,528 SF
Gross rent
$31.9K $12.60/SF
− Vacancy
−$1.7K −$0.66/SF
EGI
$30.2K $11.94/SF
− OpEx
−$9.1K −$3.58/SF
NOI
$21.1K $8.36/SF
Area
ZIP 67205
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%
$422,760
Cap Rate 7%
$301,971
Cap Rate 9%
$234,867
Alternative Uses
Best Use
Multifamily LT 5
$302.0K
$264.2K – $352.3K
NOI $21,138 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$278.5K
$243.7K – $324.9K
NOI $19,496 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$536.7K
$469.6K – $626.1K
NOI $37,568 @ 7.0% cap · market cap 10.02%
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
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 67205, KS
20,461
Population
7,467
Households
2.7
Avg Household Size
40
Median Age
50%
College-Educated
98%
High-School Grad
16.9 sq mi
ZIP Area
1,211
Density / Sq Mi
$120,630
Median Household Income
$65,457
Median Earnings
$1,237
Median Rent
$314,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Wichita, KS
Properties on Market for Duplexes in Wichita
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two full bathrooms, a two-car garage and HOA-managed lawn care.
Where is this duplex located?
The property is located at 1737-1739 S Limuel St. Wichita, 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, each with three bedrooms and two full bathrooms; Built in 2023; Two‑car garage on each side
