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New Construction Duplex with Garages
For Sale
$369,800

2889 S Cedar Crest Ct, Wichita, KS 67215

Residential Income, Wichita, KS

Property Size2,390 SF
Lot Size0.18 Acres
Price / SF$154.73
Days on Market164

Property Features for 2889 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
Subdivision NONE LISTED ON TAX RECORD
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 30028814
Size 2,390 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 40 BLK C BRIDGER PAWNEE ADDITION
Tax Annual Amount 2
HOA Fee $2,040 Annually
Legal Description LOT 40 BLK C BRIDGER PAWNEE ADDITION

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 · RE/MAX International
Listed By: Karen Hampton · License #00052101
Added: Apr 26 Changed: Sep 13 Last Checked: Oct 6 at 3:06PM
MLS# 671937

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 contains two zero-entry residences totaling 2,390 square feet. Each side includes three bedrooms, two bathrooms, and a two-car garage, along with a primary suite featuring a walk-in shower and large walk-in closet. Interior finishes include granite or quartz countertops, luxury vinyl tile flooring, enameled white trim, and an electric living-room fireplace. Kitchens are equipped with stainless steel appliances, an eating island, and a walk-in pantry. Separate laundry rooms connect to the garages.

The property is located at 2889 S Cedar Crest Ct in Wichita’s Pawnee Crossing area, approximately half a mile south of Pawnee on 119th, within the Goddard School district. Site improvements include landscaped, fenced yards, sprinkler irrigation, a shared irrigation well, public water, natural gas availability, forced-air natural-gas heating, and electric cooling. Construction is scheduled for 2026 completion.

Key Highlights

  • Duplex totals 2,390 square feet on a 0.179‑acre lot
  • Two 3‑bedroom, 2‑bath residences with a 2‑car garage per side
  • Under construction with 2026 year built

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,710
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,200 $394.2K
Cap Rate 7%
$281,571 $281.6K
Cap Rate 9%
$219,000 $219.0K
Market Conditions
NOI Build-Up for 2,390 SF
Gross rent
$30.1K $12.60/SF
− Vacancy
−$2.0K −$0.82/SF
EGI
$28.2K $11.78/SF
− OpEx
−$8.4K −$3.53/SF
NOI
$19.7K $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%
$394,200
Cap Rate 7%
$281,571
Cap Rate 9%
$219,000

Alternative Uses

Best Use
Multifamily LT 5
$281.6K
$246.4K – $328.5K (±1% cap)
NOI $19,710 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$261.9K
$229.2K – $305.6K (±1% cap)
NOI $18,335 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$591.8K
$517.8K – $690.4K (±1% cap)
NOI $41,424 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
100%
Occupancy

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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Twin zero-entry residences offer upscale finishes, private fenced yards, and separate laundry rooms in the Goddard School district.
Where is this duplex located?
The property is located at 2889 S Cedar Crest Ct Wichita, KS.
What is the asking price?
The asking price for this property is $369,800.
What are key features of this property?
This property features: Duplex totals 2,390 square feet on a 0.179‑acre lot; Two 3‑bedroom, 2‑bath residences with a 2‑car garage per side; Under construction with 2026 year built
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