Single-Level
For Sale
$237,000
2061 E 12th St, Wellington, KS 67152
Two attached residences feature private patios, attached garages, and open-concept layouts.
Property Size2,322 SF
Price / SF$102.07
Days on Market13
Property Features for 2061 E 12th St
General Information
Standard status
Active
Size
2,322 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,430
Amenities
private patios
storm shelter
Building Details
Year Built
2016
Buildings
1
Listing Agency:
Berkshire Hathaway PenFed Realty
(620) 488-2785
Listed By:
Sunni Goentzel · License #SP00234345
(316) 217-0217
Source:
Exprealty
Added: Oct 19
Changed: Oct 30
Last Checked: Oct 30 at 3:12PM
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 Berkshire Hathaway PenFed Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2016, this duplex contains two single-level residences, each with 1,161 square feet, two bedrooms, and one bathroom. Open-concept layouts include an electric fireplace and appliances. Each side also has a one-car attached garage and a private patio accessed through sliding glass doors, with privacy between the units. The exterior features stone and cedar shutters, and the property includes a storm shelter. Both residences are all-electric and have no stairs.
The property is near the Kansas Turnpike/I-35 and Wellington High School in Wellington, Kansas.
The property is near the Kansas Turnpike/I-35 and Wellington High School in Wellington, Kansas.
Key Highlights
- Built in 2016
- Two units, each with 1,161 square feet, 2 bedrooms, and 1 bathroom
- Each residence has an open‑concept layout and electric fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,415
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,300
$388.3K
Cap Rate 7%
$277,357
$277.4K
Cap Rate 9%
$215,722
$215.7K
Market Conditions
NOI Build-Up for 2,322 SF
Gross rent
$29.3K $12.60/SF
− Vacancy
−$1.5K −$0.66/SF
EGI
$27.7K $11.94/SF
− OpEx
−$8.3K −$3.58/SF
NOI
$19.4K $8.36/SF
Area
Sumner 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%
$388,300
Cap Rate 7%
$277,357
Cap Rate 9%
$215,722
Alternative Uses
Best Use
Multifamily LT 5
$277.4K
$242.7K – $323.6K
NOI $19,415 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$255.8K
$223.8K – $298.5K
NOI $17,907 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$493.0K
$431.3K – $575.1K
NOI $34,507 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 67152, KS
9,019
Population
4,288
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
233.9 sq mi
ZIP Area
39
Density / Sq Mi
$50,836
Median Household Income
$36,042
Median Earnings
$814
Median Rent
$105,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two attached residences feature private patios, attached garages, and open-concept layouts.
Where is this duplex located?
The property is located at 2061 E 12th St Wellington, KS.
What is the asking price?
The asking price for this property is $237,000.
What are key features of this property?
This property features: Built in 2016; Two units, each with 1,161 square feet, 2 bedrooms, and 1 bathroom; Each residence has an open‑concept layout and electric fireplace
