Zero-Entry
For Sale
$184,900
2881 S Cedar Crest Ct, Wichita, KS 67215
Residential, Wichita, KS
Property Size1,195 SF
Lot Size0.20 Acres
Price / SF$154.73
Days on Market191
Property Features for 2881 S Cedar Crest Ct
General Information
Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Kitchen, Laundry Room, Bedroom 2, Bedroom 3
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
Bridger Pawnee Addition - Pawnee Crossing
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
30028816
Size
1,195 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 42 Blk C Bridger Pawnee Addition
Tax Annual Amount
2
HOA Fee
$1,020 Annually
Legal Description
Lot 42 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
(316) 773-2707
Listed By:
Karen Hampton · License #00052101
(316) 641-9442
Added: Apr 26
Changed: Oct 29
Last Checked: Nov 2 at 3:06PM
MLS# 671926
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.
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Investment Insights
Based on property information with market context.
This under-construction duplex is planned as two ranch-style homes, each with 1,195 square feet, 3 bedrooms, 2 bathrooms, and a 2-car garage. The kitchen is specified with an eating island, walk-in pantry, and stainless steel appliances. Additional interior features include a walk-in closet, walk-in shower, living-room fireplace, and separate laundry room. The homes also include fenced yards, patios, and sprinkler systems; a shared irrigation well serves the property.
The property is at 2881 S Cedar Crest Ct in Wichita, within the Goddard School district. The recorded lot size is 0.2 acres. The stated completion year is 2026.
The property is at 2881 S Cedar Crest Ct in Wichita, within the Goddard School district. The recorded lot size is 0.2 acres. The stated completion year is 2026.
Key Highlights
- Two ranch‑style residences, each with 3 bedrooms and 2 bathrooms
- 1,195 square feet per residence
- 2‑car garage for each residence
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
NOI $9,855 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$131.0K
$114.6K – $152.8K
NOI $9,167 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$295.9K
$258.9K – $345.2K
NOI $20,712 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Each residence features step-free access, a fenced yard, and a separate laundry room.
Where is this duplex located?
The property is located at 2881 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: Two ranch‑style residences, each with 3 bedrooms and 2 bathrooms; 1,195 square feet per residence; 2‑car garage for each residence
