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2865 S Cedar Crest Ct, Wichita, KS, 67215
Duplex Twin Home Community

2865 S Cedar Crest Ct Wichita, KS 67215

For Sale
$379,800

MULTI_FAMILY - Other - Wichita, KS

Property Size2,390 SF
Lot Size0.21 Acres
Price / SF$158.91
Days on Market95

Property Features for 2865 S Cedar Crest Ct

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Parking 4
Appliances Dishwasher, Disposal, Microwave, Range, Refrigerator
Standard status Active
APN 30028820
Size 2,390 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 46 BLK C BRIDGER PAWNEE ADDITION
Tax Annual Amount 2

Utilities

Utilities Natural Gas Available
Heating system Forced Air, Natural Gas
Cooling system Electric
Water source Public

Building Details

Year built 2026
Number of units 2
Building materials Frame
Roof type Composition
Architectural style Other
Listing Agency: RE/MAX Premier
Listed By: Karen Hampton · License #00052101
Added: Apr 26 Changed: Jul 23 Last Checked: Jul 29 at 2:06PM
MLS# 671944

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 for-sale duplex features zero-entry twin homes, with each side offering three bedrooms, two baths, and a two-car garage. The interiors include granite/quartz countertops, luxury vinyl tile flooring, enameled white trim, and an electric fireplace in the living room. Each kitchen includes a separate eating island, a large walk-in pantry, and stainless steel appliances (stove, dishwasher, built-in microwave, and refrigerator). The primary suite includes a walk-in shower and a large walk-in closet, with a separate laundry room off the garage. Outdoors, each side has a fully landscaped fenced yard with a sprinkler system, supported by a shared irrigation well.

The property is located in west Wichita, near Pawnee Crossing, described as half a mile south of Pawnee on 119th, and noted as being in the Goddard School district. The listing notes general and special taxes are not fully assessed yet, and that special taxes are estimated at $354 per month on a 15-year payout. A minimal HOA fee of $85 per month per side is described as covering mowing, irrigation, and general upkeep of common areas.

Pictures are representative of another property with the same plan and may include slight variations. Buyers and their agents are advised to verify all information.

Key Highlights

  • Under construction twin homes (2026) with 3 bedrooms, 2 bathrooms, and a 2‑car garage per side
  • Custom interiors include granite/quartz countertops, luxury vinyl tile flooring, and enameled white trim
  • Kitchen features a separate eating island, large walk‑in pantry, and stainless steel appliances: range, dishwasher, microwave, and refrigerator

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $30.1k $12.60
− Vacancy −$2.0k −$0.82
EGI $28.2k $11.78
− OpEx −$8.4k −$3.53
NOI $19.7k $8.25
2,390 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$281.6K
$246.4K – $328.5K (±1% cap)
NOI $19,710 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$261.9K
$229.2K – $305.6K (±1% cap)
NOI $18,335 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$591.8K
$517.8K – $690.4K (±1% cap)
NOI $41,424 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Duplexes

Frequently Asked Questions

What type of property is this?
Duplex - For-sale duplex with zero-entry twin homes, each offering three bedrooms, two baths, and a two-car garage.
Where is this duplex located?
The property is located at 2865 S Cedar Crest Ct 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: Under construction twin homes (2026) with 3 bedrooms, 2 bathrooms, and a 2‑car garage per side; Custom interiors include granite/quartz countertops, luxury vinyl tile flooring, and enameled white trim; Kitchen features a separate eating island, large walk‑in pantry, and stainless steel appliances: range, dishwasher, microwave, and refrigerator
More about this property
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