Duplex with Fenced
For Sale
$135,000
1807 W Maple St, Wichita, KS 67213
Two-unit property with a three-bedroom bungalow, separate one-bedroom apartment, fenced yard, storage shed, and garage storage.
Property Size1,488 SF
Price / SF$90.73
Days on Market53
Property Features for 1807 W Maple St
General Information
Standard status
Active
Size
1,488 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR, 1 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,127
Amenities
fenced backyard
storage shed
garage storage
Building Details
Buildings
1
Construction
bungalow
Listing Agency:
Platinum Realty LLC
(888) 220-0988
Listed By:
Janet Bates
(316) 644-7552
Source:
Exprealty
Added: Aug 27
Changed: Oct 8
Last Checked: Oct 16 at 9:38AM
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 Platinum Realty LLC
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Investment Insights
Based on property information with market context.
This 1,488 SF duplex combines a three-bedroom bungalow with a separate one-bedroom apartment. The property includes a fenced backyard, a new storage shed, and garage storage. Improvements include a furnace updated in 2009, along with newer exterior paint and a hot water tank installed within the last 6 years.
Located at 1807 W Maple St in Wichita, the property is within 2 blocks of Friends University and the Delano & Friends University District. Tenants have occupied the property for over 14 years. The property is offered as-is, providing an existing two-unit configuration for continued rental use or owner occupancy.
Located at 1807 W Maple St in Wichita, the property is within 2 blocks of Friends University and the Delano & Friends University District. Tenants have occupied the property for over 14 years. The property is offered as-is, providing an existing two-unit configuration for continued rental use or owner occupancy.
Key Highlights
- 1,488 SF duplex with a three‑bedroom bungalow and separate one‑bedroom apartment
- Tenants have occupied the property for over 14 years
- Fenced backyard with new storage shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,271
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,420
$245.4K
Cap Rate 7%
$175,300
$175.3K
Cap Rate 9%
$136,344
$136.3K
Market Conditions
NOI Build-Up for 1,488 SF
Gross rent
$18.7K $12.60/SF
− Vacancy
−$1.2K −$0.82/SF
EGI
$17.5K $11.78/SF
− OpEx
−$5.3K −$3.53/SF
NOI
$12.3K $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%
$245,420
Cap Rate 7%
$175,300
Cap Rate 9%
$136,344
Alternative Uses
Best Use
Multifamily LT 5
$175.3K
$153.4K – $204.5K
NOI $12,271 @ 7.0% cap · market cap 9.09%
Second Best
Apartment 5plus
$163.1K
$142.7K – $190.3K
NOI $11,415 @ 7.0% cap · market cap 8.46%
Theoretical Best
Office A
$368.4K
$322.4K – $429.8K
NOI $25,790 @ 7.0% cap · market cap 19.10%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
Explore this area
Business Placement
Demographics for 67213, KS
21,007
Population
9,788
Households
2.1
Avg Household Size
34
Median Age
13%
College-Educated
83%
High-School Grad
6.6 sq mi
ZIP Area
3,183
Density / Sq Mi
$48,015
Median Household Income
$32,186
Median Earnings
$920
Median Rent
$80,500
Median Home Value
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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 - Two-unit property with a three-bedroom bungalow, separate one-bedroom apartment, fenced yard, storage shed, and garage storage.
Where is this duplex located?
The property is located at 1807 W Maple St Wichita, KS.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 1,488 SF duplex with a three‑bedroom bungalow and separate one‑bedroom apartment; Tenants have occupied the property for over 14 years; Fenced backyard with new storage shed
