2881 S Cedar Crest Ct, Wichita, KS 67215
MULTI_FAMILY - Other - Wichita, KS
- Added:
- Apr 26, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 14 at 12:06 am
Property Features for 2881 S Cedar Crest Ct
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking
- 4
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator
- Standard status
- Active
- APN
- 30028816
- Size
- 2,390 SF
- Lot size
- 8,918.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 42 BLK C BRIDGER PAWNEE ADDITION
- Tax Annual Amount
- 2
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Natural Gas, Forced Air
- 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 agent Karen Hampton License #00052101 (316) 641-9442
Listing office RE/MAX Premier 2243 N Ridge Rd. Ste. 105, Wichita, KS (316) 773-2707
Listing date Apr 26, 2026
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.
HighLights
- Under construction twin home (year built 2026) with 3 bedrooms, 2 bathrooms, and a 2‑car garage per side
- Goddard School district; located about half mile south of Pawnee on 119th in West Wichita’s Pawnee Crossing area
- Custom interior features include granite/quartz countertops, luxury vinyl tile flooring, and enameled white trim
- Kitchen includes a large walk‑in pantry, separate eating island, and stainless steel appliances: range, dishwasher, built‑in microwave, and refrigerator
- Primary suite offers a master bath with a walk‑in shower and a large walk‑in closet; electric fireplace in the living room
- Fully landscaped fenced yard with sprinkler system and shared irrigation well; laundry room off the garage
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Map
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.4781749
- Latitude
- 37.6410483
