Duplex Unit with Attached
185 N Indian Lakes Dr Clearwater, KS 67147
185 N Indian Lakes Dr, Clearwater, KS, 67147
$129,900
For Sale
$129,900
SINGLE_FAMILY - Other - Clearwater, KS
Property Size1,050 SF
Lot Size0.11 Acres
Price / SF$123.71
Days on Market20
Property Features for 185 N Indian Lakes Dr
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Laundry Room, Bathroom 1, Bedroom 1, Kitchen, Bedroom 2
- Appliances
- Dishwasher, Microwave, Refrigerator, Range
- Standard status
- Active
- APN
- 26624-30020162
- Size
- 1,050 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Long legal. See taxes in Property Information Packet.
- Tax Annual Amount
- 2520
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2024
- Floors in Building
- 1
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
McCurdy Real Estate & Auction, LLC
(316) 867-3600
12041 E 13th St N, wichita, KS
Listed by
Braden McCurdy · License #BR00052737
(316) 683-0612
Added: Jul 1 Updated: Jul 18 at 3:06 am Checked: Jul 20 at 1:06 pm
MLS# 675553
Listing URL
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.
Investment Insights
Based on property information with market context.
This duplex unit is currently vacant and ready for tenant placement or owner occupancy. Inside, the home offers an open-concept floor plan with three bedrooms and two full bathrooms, along with a spacious kitchen featuring a large island, granite countertops, and stainless steel appliances. Kitchen appliances, including the refrigerator, range/oven, dishwasher, and microwave, remain with the property. The primary suite includes a full bath and generous closet space. The home also includes two additional bedrooms, a second full bathroom, washer/dryer hookups, and low-maintenance slab construction with no basement. The duplex units are connected only at the garage walls, helping reduce noise transfer while maintaining added privacy.
Exterior features include an attached one-car garage, additional driveway and street parking, and a covered front porch with cedar posts, plus a sprinkler system. The property is offered as an individual unit or as part of a 5-property package that includes neighboring duplex units.
The unit is approximately 1,050 square feet and is listed as having its own legal description.
Exterior features include an attached one-car garage, additional driveway and street parking, and a covered front porch with cedar posts, plus a sprinkler system. The property is offered as an individual unit or as part of a 5-property package that includes neighboring duplex units.
The unit is approximately 1,050 square feet and is listed as having its own legal description.
Key Highlights
- 2024‑built duplex unit with approx. 1,050 SF, open‑concept layout with 3 bedrooms and 2 full bathrooms
- Vacant unit ready for tenant placement or owner occupant use
- Kitchen includes granite countertops, large island, and stainless appliances: refrigerator, range/oven, dishwasher, and microwave
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.2k | $12.60 |
| − Vacancy | −$688 | −$0.66 |
| EGI | $12.5k | $11.94 |
| − OpEx | −$3.8k | −$3.58 |
| NOI | $8.8k | $8.36 |
1,050 SF · lease $12.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$125.4K
$109.7K – $146.3K
NOI $8,779 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$115.7K
$101.2K – $135.0K
NOI $8,098 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$218.8K
$191.5K – $255.3K
NOI $15,319 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Vacant duplex unit with three bedrooms, two full baths, open-concept living, and an attached one-car garage.
Where is this duplex located?
The property is located at 185 N Indian Lakes Dr Clearwater, KS.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 2024‑built duplex unit with approx. 1,050 SF, open‑concept layout with 3 bedrooms and 2 full bathrooms; Vacant unit ready for tenant placement or owner occupant use; Kitchen includes granite countertops, large island, and stainless appliances: refrigerator, range/oven, dishwasher, and microwave
