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Duplex With Attached Garage
For Sale
$379,800

2791 S Cedar Crest, Wichita, KS 67215

Residential Income, Wichita, KS

Property Size2,464 SF
Lot Size0.23 Acres
Price / SF$154.14
Days on Market48

Property Features for 2791 S Cedar Crest

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Parking 4
Parking features Covered
Appliances Dishwasher, Disposal, Microwave, Range, Refrigerator
Subdivision Bridger Pawnee Addition - Pawnee Crossing
Elementary school Apollo
Middle school Goddard
High school Robert Goddard
Elementary school district Goddard School District (USD 265)
Middle school district Goddard School District (USD 265)
High school district Goddard School District (USD 265)
Directions South from Kellogg onto 199th until turning east onto Graber st. then north onto cedar crest.
Standard status Active
APN 30028703
Size 2,464 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 10 BLOCK A BRIDGER PAWNEE ADDITION
Tax Annual Amount 117
HOA Fee $1,020 Annually
Legal Description LOT 10 BLOCK A BRIDGER PAWNEE ADDITION

Utilities

Utilities Natural Gas Available
Heating system Forced Air, Natural Gas
Cooling system Ceiling Fan(s), Electric, Multi Units
Water source Public

Building Details

Year built 2026
Number of units 2
Building materials Brick Veneer
Roof type Composition
Architectural style Other
Buildings 1
Listing Agency: Keller Williams Hometown Partners · Keller Williams Realty
Listed By: Tanner Ternes · License #00250292
Added: Sep 16 Changed: Oct 27 Last Checked: Nov 2 at 2:06PM
MLS# 679203

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 under-construction duplex is planned with 2,464 square feet on a 0.2277-acre lot. The property includes two zero-entry front and side doors, 3 bedrooms, 2 bathrooms, and a 2-car attached garage. Interior details include luxury vinyl plank flooring throughout, a kitchen with a walk-in pantry and bar seating, and appliances including a range, microwave, refrigerator, dishwasher, and disposal.

Located at 2791 S Cedar Crest in Wichita, the east-facing property overlooks a pond. Construction materials include brick veneer, with forced-air natural gas heating, electric cooling, public water, and a composition roof. The projected year built is 2026, and the property condition is listed as under construction.

Key Highlights

  • 2,464 SF duplex on a 0.2277‑acre lot
  • 3 bedrooms and 2 bathrooms
  • 2‑car attached garage with zero‑entry front and side doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,320
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,400 $406.4K
Cap Rate 7%
$290,286 $290.3K
Cap Rate 9%
$225,778 $225.8K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$31.0K $12.60/SF
− Vacancy
−$2.0K −$0.82/SF
EGI
$29.0K $11.78/SF
− OpEx
−$8.7K −$3.53/SF
NOI
$20.3K $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%
$406,400
Cap Rate 7%
$290,286
Cap Rate 9%
$225,778

Alternative Uses

Best Use
Multifamily LT 5
$290.3K
$254.0K – $338.7K (±1% cap)
NOI $20,320 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$270.0K
$236.3K – $315.1K (±1% cap)
NOI $18,903 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$610.1K
$533.8K – $711.8K (±1% cap)
NOI $42,707 @ 7.0% cap · market cap 11.24%
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
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 67215, KS

6,451
Population
2,266
Households
2.8
Avg Household Size
36
Median Age
39%
College-Educated
93%
High-School Grad
17.2 sq mi
ZIP Area
375
Density / Sq Mi
$110,329
Median Household Income
$48,691
Median Earnings
$1,336
Median Rent
$222,500
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 - Under-construction duplex with zero-entry access, an equipped kitchen, and eastern exposure overlooking a pond.
Where is this duplex located?
The property is located at 2791 S Cedar Crest Wichita, KS.
What is the asking price?
The asking price for this property is $379,800.
What are key features of this property?
This property features: 2,464 SF duplex on a 0.2277‑acre lot; 3 bedrooms and 2 bathrooms; 2‑car attached garage with zero‑entry front and side doors
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