New Construction
For Sale
$369,800
2897 S Cedar Crest Ct, Wichita, KS 67215
Residential Income, Wichita, KS
Property Size2,390 SF
Lot Size0.21 Acres
Price / SF$154.73
Days on Market164
Property Features for 2897 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
30028812
Size
2,390 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 38 BLK C BRIDGER PAWNEE ADDITION
Tax Annual Amount
2
HOA Fee
$2,040 Annually
Legal Description
LOT 38 BLK C BRIDGER PAWNEE ADDITION
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 Agency:
RE/MAX Premier · RE/MAX International
(316) 773-2707
Listed By:
Karen Hampton · License #00052101
(316) 641-9442
Added: Apr 26
Changed: Sep 11
Last Checked: Oct 6 at 5:06AM
MLS# 671935
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.
Located at 2897 S Cedar Crest Ct in Wichita, this under-construction duplex is planned as a 2,390-square-foot twin-home property, with each side offering three bedrooms, two bathrooms, and a two-car garage. Zero-entry access, separate laundry rooms, walk-in closets, and primary suites with walk-in showers support practical daily use. Interior details include granite or quartz countertops, luxury vinyl tile flooring, stainless steel appliances, white enameled trim, and an electric fireplace in each living room. Kitchens include an eating island and walk-in pantry.
The property sits in Pawnee Crossing, half a mile south of Pawnee on 119th, within the Goddard School district. Exterior improvements include fully landscaped, fenced yards, sprinkler systems, and a shared irrigation well. Natural gas forced-air heating, electric cooling, public water, and composition roofing are specified. The planned year built is 2026.
The property sits in Pawnee Crossing, half a mile south of Pawnee on 119th, within the Goddard School district. Exterior improvements include fully landscaped, fenced yards, sprinkler systems, and a shared irrigation well. Natural gas forced-air heating, electric cooling, public water, and composition roofing are specified. The planned year built is 2026.
Key Highlights
- 2,390 square feet across a duplex configuration
- Each side includes 3 bedrooms, 2 baths, and a 2‑car garage
- 0.2065‑acre lot in Pawnee Crossing at 2897 S Cedar Crest Ct
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.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Twin-home configuration provides separate residences with contemporary finishes, private garages, and landscaped outdoor areas.
Where is this duplex located?
The property is located at 2897 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: 2,390 square feet across a duplex configuration; Each side includes 3 bedrooms, 2 baths, and a 2‑car garage; 0.2065‑acre lot in Pawnee Crossing at 2897 S Cedar Crest Ct
