Tenant-Occupied
For Sale
$170,000
2673 S Holyoke St, Wichita, KS 67210
Two occupied units offer three bedrooms each, with one- and two-bath configurations for varied household needs.
Property Size2,024 SF
Price / SF$83.99
Days on Market70
Property Features for 2673 S Holyoke St
General Information
Standard status
Active
Size
2,024 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
1941
Listing Agency:
Real Broker, LLC
Listed By:
Lyn Hett
(316) 350-7971
Source:
Highpointks
Added: Aug 9
Changed: Oct 4
Last Checked: Oct 7 at 2:17PM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
This 2,024-square-foot duplex contains two separate residences, each arranged with three bedrooms. One unit includes one bathroom, while the other provides two bathrooms, creating a distinct unit mix within the property. Both units currently have tenants in place.
Constructed in 1941, the property is located at 2673 S Holyoke St in Wichita, Kansas. Showing access is coordinated through the listing agent and property management, and tenant privacy should be maintained during the process. The seller has also indicated a willingness to include the duplex in a package with additional properties.
Constructed in 1941, the property is located at 2673 S Holyoke St in Wichita, Kansas. Showing access is coordinated through the listing agent and property management, and tenant privacy should be maintained during the process. The seller has also indicated a willingness to include the duplex in a package with additional properties.
Key Highlights
- 2,024 SF duplex with two residential units
- One 3‑bedroom, 1‑bath unit
- One 3‑bedroom, 2‑bath unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,527
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,540
$310.5K
Cap Rate 7%
$221,814
$221.8K
Cap Rate 9%
$172,522
$172.5K
Market Conditions
NOI Build-Up for 2,024 SF
Gross rent
$29.9K $14.76/SF
− Vacancy
−$1.6K −$0.81/SF
EGI
$28.2K $13.95/SF
− OpEx
−$12.7K −$6.28/SF
NOI
$15.5K $7.67/SF
Area
Wichita, KS
Vacancy
5.50%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,540
Cap Rate 7%
$221,814
Cap Rate 9%
$172,522
Alternative Uses
Best Use
Multifamily LT 5
$238.4K
$208.6K – $278.2K
NOI $16,691 @ 7.0% cap · market cap 9.82%
Second Best
Apartment 5plus
$221.8K
$194.1K – $258.8K
NOI $15,527 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$501.1K
$438.5K – $584.7K
NOI $35,080 @ 7.0% cap · market cap 20.64%
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
229
Businesses Nearby
Explore this area
Business Placement
Demographics for 67210, KS
8,705
Population
3,676
Households
2.4
Avg Household Size
30
Median Age
20%
College-Educated
78%
High-School Grad
12.4 sq mi
ZIP Area
702
Density / Sq Mi
$52,966
Median Household Income
$29,459
Median Earnings
$905
Median Rent
$180,700
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 occupied units offer three bedrooms each, with one- and two-bath configurations for varied household needs.
Where is this duplex located?
The property is located at 2673 S Holyoke St Wichita, KS.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: 2,024 SF duplex with two residential units; One 3‑bedroom, 1‑bath unit; One 3‑bedroom, 2‑bath unit
