Duplex with Owner-Occupy
2897 S Cedar Crest Ct Wichita, KS 67215
For Sale
$379,800
MULTI_FAMILY - Other - Wichita, KS
Property Size2,390 SF
Lot Size0.21 Acres
Price / SF$158.91
Days on Market95
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
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
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
(316) 773-2707
Listed By:
Karen Hampton · License #00052101
(316) 641-9442
Added: Apr 26
Changed: Jul 28
Last Checked: Jul 29 at 2:06PM
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.
This offering includes a full duplex being sold together, with Unit 100 currently tenant-occupied to provide immediate rental income. Unit 200 is available for owner occupancy or for lease. Each side is designed as a zero-entry twin home with 3 bedrooms, 2 bathrooms, and a 2-car garage.
The duplex is located at 2897 S Cedar Crest Ct in Wichita, KS 67215 (Sedgwick County). The public remarks indicate it is in the Pawnee Crossing area, positioned about half mile south of Pawnee on 119th, and references the Goddard School district.
Interiors include granite/quartz countertops, luxury vinyl tile flooring, enameled white trim, and an electric fireplace in the living room. Kitchens feature a separate eating island, a large walk-in pantry, and stainless steel appliances including a stove, dishwasher, built-in microwave, and refrigerator. The master suite includes a walk-in shower and a large walk-in closet, and there is a separate laundry room off the garage. Outside, each side includes a fully landscaped fenced yard with a sprinkler system and a shared irrigation well. The remarks also note a minimal HOA of $85 per month per side for mowing, irrigation, and general upkeep of common areas.
The duplex is located at 2897 S Cedar Crest Ct in Wichita, KS 67215 (Sedgwick County). The public remarks indicate it is in the Pawnee Crossing area, positioned about half mile south of Pawnee on 119th, and references the Goddard School district.
Interiors include granite/quartz countertops, luxury vinyl tile flooring, enameled white trim, and an electric fireplace in the living room. Kitchens feature a separate eating island, a large walk-in pantry, and stainless steel appliances including a stove, dishwasher, built-in microwave, and refrigerator. The master suite includes a walk-in shower and a large walk-in closet, and there is a separate laundry room off the garage. Outside, each side includes a fully landscaped fenced yard with a sprinkler system and a shared irrigation well. The remarks also note a minimal HOA of $85 per month per side for mowing, irrigation, and general upkeep of common areas.
Key Highlights
- Full duplex sold together: Unit 100 is tenant‑occupied for immediate rental income; Unit 200 is available for owner occupancy or to lease.
- Under construction with Year Built 2026; frame construction with a composition roof and forced‑air natural gas heating with electric cooling.
- Per side: 3‑bedroom, 2‑bath zero entry twin home with a 2‑car garage, electric fireplace in the living room, and separate laundry room off garage.
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 |
2,390 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$281.6K
$246.4K – $328.5K
NOI $19,710 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$261.9K
$229.2K – $305.6K
NOI $18,335 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$591.8K
$517.8K – $690.4K
NOI $41,424 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Full duplex offered with one unit tenant-occupied and the other available for owner occupancy or lease.
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 $379,800.
What are key features of this property?
This property features: Full duplex sold together: Unit 100 is tenant‑occupied for immediate rental income; Unit 200 is available for owner occupancy or to lease.; Under construction with Year Built 2026; frame construction with a composition roof and forced‑air natural gas heating with electric cooling.; Per side: 3‑bedroom, 2‑bath zero entry twin home with a 2‑car garage, electric fireplace in the living room, and separate laundry room off garage.
