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Zero-Entry Duplex with Two-Car Garage
For Sale
$184,900

2857 S Cedar Crest Ct, Wichita, KS 67215

Residential, Wichita, KS

Property Size1,195 SF
Lot Size0.21 Acres
Price / SF$154.73
Days on Market197

Property Features for 2857 S Cedar Crest Ct

General Information

Property type Residential
Property subtype Duplex
Property condition Under Construction
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Kitchen, Bedroom 3, Laundry Room, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Window features Storm Window(s)
Patio and Porch features Patio
Interior features Ceiling Fan(s), Walk-In Closet(s), Window Coverings-All
Exterior features Guttering - ALL, Sprinkler System, Zero Step Entry, Frame w/Less than 50% Mas
Fireplace 1
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Range
Subdivision NONE LISTED ON TAX RECORD
Lot features Cul-De-Sac, Standard
Elementary school Earhart
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 119th and Pawnee, South on 119th half mile to Graber. East on Graber. South to Cedarcrest Ct.
Standard status Active
APN 30028822
Size 1,195 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 48 Blk C Bridger Pawnee Addition
Tax Annual Amount 2
HOA Fee $1,020 Annually
Legal Description Lot 48 Blk C Bridger Pawnee Addition

Utilities

Utilities Natural Gas Available
Heating system Forced Air, Natural Gas
Cooling system Central Air, Electric

Building Details

Year built 2026
Floors in Building 1
Flooring type Laminate
Roof type Composition
Architectural style Ranch
Listing Agency: RE/MAX Premier · RE/MAX International
Listed By: Karen Hampton · License #00052101
Added: Mar 27 Changed: Oct 8 Last Checked: Oct 9 at 4:06PM
MLS# 670368

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.

Investment Insights

Based on property information with market context.

This under-construction duplex in Wichita is planned as a zero-entry ranch-style residence with 1,195 square feet, three bedrooms, and two bathrooms. The layout includes a living room with an electric fireplace, a kitchen with a separate island and walk-in pantry, a dedicated laundry room, and a primary suite with a walk-in shower and large walk-in closet. Granite or quartz countertops, luxury vinyl tile flooring, white enameled trim, and stainless steel appliances add to the interior specification. A two-car garage provides direct access to the home.

The property occupies 0.21 acres and includes a landscaped, fenced yard with a sprinkler system and access to a shared irrigation well. It is located in west Wichita, half a mile south of Pawnee on 119th, within the Goddard School district. Construction is scheduled for 2026, with a zero-step entry and patio included among the exterior features.

Key Highlights

  • Duplex under construction with 1,195 square feet, 3 bedrooms, and 2 bathrooms
  • Zero‑step entry and a 2‑car garage
  • Ranch‑style layout with electric fireplace in the living room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,855
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,100 $197.1K
Cap Rate 7%
$140,786 $140.8K
Cap Rate 9%
$109,500 $109.5K
Market Conditions
NOI Build-Up for 1,195 SF
Gross rent
$15.1K $12.60/SF
− Vacancy
−$979 −$0.82/SF
EGI
$14.1K $11.78/SF
− OpEx
−$4.2K −$3.53/SF
NOI
$9.9K $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%
$197,100
Cap Rate 7%
$140,786
Cap Rate 9%
$109,500

Alternative Uses

Best Use
Multifamily LT 5
$140.8K
$123.2K – $164.3K (±1% cap)
NOI $9,855 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$131.0K
$114.6K – $152.8K (±1% cap)
NOI $9,167 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$295.9K
$258.9K – $345.2K (±1% cap)
NOI $20,712 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

5
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - New construction pairs ranch styling with a fenced, irrigated yard and upgraded kitchen finishes.
Where is this duplex located?
The property is located at 2857 S Cedar Crest Ct Wichita, KS.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: Duplex under construction with 1,195 square feet, 3 bedrooms, and 2 bathrooms; Zero‑step entry and a 2‑car garage; Ranch‑style layout with electric fireplace in the living room
More about this property
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