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New Construction Duplex
For Sale
$350,000
Pending

224 N Green St, Wichita, KS 67214

Residential Income, Wichita, KS

Property Size2,110 SF
Lot Size0.15 Acres
Days on Market96

Property Features for 224 N Green St

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Parking 2
Subdivision FIREBAUGHS SUBDIVISION
Elementary school Washington
Middle school Robinson
High school East
Elementary school district Wichita School District (USD 259)
Middle school district Wichita School District (USD 259)
High school district Wichita School District (USD 259)
Directions From S Hillside & E 2nd St: West on E 2nd St, turn South on N Green St to home
Standard status Pending
APN 087-125-22-0-13-02-007.00
Size 2,110 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 24-26 GREEN ST. FIREBAUGH'S SUB. BLK. 3 CHAUTAUQUA ADD. EXEMPT #1997-9995-TX
Tax Annual Amount 162
Legal Description LOTS 24-26 GREEN ST. FIREBAUGH'S SUB. BLK. 3 CHAUTAUQUA ADD. EXEMPT #1997-9995-TX

Utilities

Heating system Forced Air
Cooling system Electric
Water source Public

Amenities

in-unit laundry hookups

Building Details

Year built 2026
Number of units 2
Building materials Frame
Roof type Composition
Listing Agency: Real Broker, LLC
Listed By: Edna Martinez
Added: Jul 25 Changed: Aug 24 Last Checked: Oct 28 at 8:06AM
MLS# 676537

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.

Rey
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Investment Insights

Based on property information with market context.

This duplex is under construction with a projected 2026 build year and offers 2,110 square feet across two residential units. Each unit includes 3 bedrooms, 2 bathrooms, an open kitchen, dining, and living arrangement, spacious bedrooms, and laundry hookups. Frame construction, composition roofing, forced-air heating, electric cooling, and public water service are specified. Contemporary finishes and modern systems are planned throughout the property.

The property occupies 0.148 acres at 224 N Green St in Wichita, Kansas, within Sedgwick County. Its two-unit configuration supports an owner-occupant arrangement with one residence available for rental, separate rental use, or multigenerational living, as described in the property information.

Key Highlights

  • 2,110‑square‑foot duplex with 2 residential units
  • Each unit includes 3 bedrooms and 2 bathrooms
  • Open kitchen, dining, and living areas in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,401
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,020 $348.0K
Cap Rate 7%
$248,586 $248.6K
Cap Rate 9%
$193,344 $193.3K
Market Conditions
NOI Build-Up for 2,110 SF
Gross rent
$26.6K $12.60/SF
− Vacancy
−$1.7K −$0.82/SF
EGI
$24.9K $11.78/SF
− OpEx
−$7.5K −$3.53/SF
NOI
$17.4K $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%
$348,020
Cap Rate 7%
$248,586
Cap Rate 9%
$193,344

Alternative Uses

Best Use
Multifamily LT 5
$248.6K
$217.5K – $290.0K (±1% cap)
NOI $17,401 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$231.2K
$202.3K – $269.8K (±1% cap)
NOI $16,187 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$522.4K
$457.1K – $609.5K (±1% cap)
NOI $36,571 @ 7.0% cap · market cap 10.45%
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

Location Intelligence

Trade Area within ½ mile

1,660
Businesses Nearby

Demographics for 67214, KS

15,936
Population
8,197
Households
1.9
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
5.3 sq mi
ZIP Area
3,007
Density / Sq Mi
$36,636
Median Household Income
$25,518
Median Earnings
$752
Median Rent
$72,600
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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature open living areas, contemporary finishes, and in-unit laundry hookups.
Where is this duplex located?
The property is located at 224 N Green St Wichita, KS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,110‑square‑foot duplex with 2 residential units; Each unit includes 3 bedrooms and 2 bathrooms; Open kitchen, dining, and living areas in both units
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