Zero-Entry Duplex with
2893 W Taft Ct, Wichita, KS 67209
For Sale
$369,800
Fully leased twin-home property with upgraded interiors, private fenced yards, and separate laundry rooms for each residence.
Property Size2,390 SF
Price / SF$154.73
Days on Market199
Property Features for 2893 W Taft Ct
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Financials
Cap Rate
HOA Fee
Units
Unit Mix
Multifamily Units
Additional Details
Road Access
Taxes and HOA fees
Annual Taxes
Amenities
granite/quartz countertops
luxury vinyl tile flooring
electric fireplace
kitchen island
walk-in pantry
stainless steel appliances
fenced yard
sprinkler system
shared irrigation well
Building Details
Buildings
Listing Agency:
RE/MAX Premier
(316) 773-2707
Listed By:
Karen Hampton · License KS #00052101
(316) 641-9442
Source:
Exprealty
Added: Apr 26
Changed: Oct 26
Last Checked: Nov 8 at 8:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Premier
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,390-square-foot duplex comprises two zero-entry residences, each offering three bedrooms, two bathrooms, and a two-car garage. The homes feature granite or quartz countertops, luxury vinyl tile flooring, enameled white trim, and an electric fireplace in each living room. Kitchens include an island, walk-in pantry, and stainless steel appliances. Each primary suite has a private bathroom with a walk-in shower and a walk-in closet, while a separate laundry room connects to the garage. Fenced, landscaped yards include sprinkler systems and share an irrigation well.
The property is located at 2893 W Taft Ct in Wichita’s Pawnee Crossing area, approximately one-half mile south of Pawnee on 119th, within the Goddard School district. Both sides are fully rented, and the property is reported at a 6.5% cap rate. The duplex may also suit an investor pursuing a 1031 exchange.
The property is located at 2893 W Taft Ct in Wichita’s Pawnee Crossing area, approximately one-half mile south of Pawnee on 119th, within the Goddard School district. Both sides are fully rented, and the property is reported at a 6.5% cap rate. The duplex may also suit an investor pursuing a 1031 exchange.
Key Highlights
- 2,390 SF duplex with two three‑bedroom, two‑bath residences
- Each side includes a two‑car garage and separate laundry room
- Zero‑entry layout with fenced, landscaped yards and sprinkler systems
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
NOI $19,710 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$261.9K
$229.2K – $305.6K
NOI $18,335 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$591.8K
$517.8K – $690.4K
NOI $41,424 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Explore this area
Business Placement
Demographics for 67209, KS
14,217
Population
5,381
Households
2.6
Avg Household Size
38
Median Age
35%
College-Educated
94%
High-School Grad
12.3 sq mi
ZIP Area
1,156
Density / Sq Mi
$86,103
Median Household Income
$47,939
Median Earnings
$942
Median Rent
$209,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Wichita, KS
Properties on Market for Duplexes in Wichita
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Fully leased twin-home property with upgraded interiors, private fenced yards, and separate laundry rooms for each residence.
Where is this duplex located?
The property is located at 2893 W Taft 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: 2,390 SF duplex with two three‑bedroom, two‑bath residences; Each side includes a two‑car garage and separate laundry room; Zero‑entry layout with fenced, landscaped yards and sprinkler systems
