Duplex with Attached
For Sale
$355,000
2611-2613 W 55th St N, Wichita, KS 67204
Each residence features a covered rear patio and an owner’s suite separated from the other bedrooms.
Property Size2,352 SF
Price / SF$150.94
Days on Market487
Property Features for 2611-2613 W 55th St N
General Information
Standard status
Active
Size
2,352 SF
Total Parking Spaces
4
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$4,165
Building Details
Building Size
2,352 SF
Year Built
2020
Units
2
Listing Agency:
Russell Real Resources LLC
(316) 516-7417
Listed By:
Bree Russell · License #BR SP00218596
Source:
Albright-realty
Added: Jul 8, 2025
Changed: Nov 2
Last Checked: Nov 4 at 6:06AM
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
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 2020, this duplex property totals 2,352 square feet and offers a split three-bedroom floor plan with two full bathrooms. Each residence includes a two-car attached garage and a covered patio at the rear. Interior finishes include granite countertops and white trim, and kitchen appliances are included.
The homeowners association handles neighborhood mowing and sprinkler systems. A package involving several duplexes on the same street may also be available.
The homeowners association handles neighborhood mowing and sprinkler systems. A package involving several duplexes on the same street may also be available.
Key Highlights
- 2,352 square feet of property size
- Built in 2020
- Split three‑bedroom layout with two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,396
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,920
$387.9K
Cap Rate 7%
$277,086
$277.1K
Cap Rate 9%
$215,511
$215.5K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$29.6K $12.60/SF
− Vacancy
−$1.9K −$0.82/SF
EGI
$27.7K $11.78/SF
− OpEx
−$8.3K −$3.53/SF
NOI
$19.4K $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%
$387,920
Cap Rate 7%
$277,086
Cap Rate 9%
$215,511
Alternative Uses
Best Use
Multifamily LT 5
$277.1K
$242.5K – $323.3K
NOI $19,396 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$257.8K
$225.5K – $300.7K
NOI $18,043 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$582.4K
$509.6K – $679.4K
NOI $40,765 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 67204, KS
21,932
Population
9,424
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
79%
High-School Grad
16.1 sq mi
ZIP Area
1,362
Density / Sq Mi
$68,549
Median Household Income
$39,258
Median Earnings
$976
Median Rent
$148,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence features a covered rear patio and an owner’s suite separated from the other bedrooms.
Where is this duplex located?
The property is located at 2611-2613 W 55th St N Wichita, KS.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 2,352 square feet of property size; Built in 2020; Split three‑bedroom layout with two full bathrooms
