Zero-Entry
For Sale
$189,900
2922 S Cedar Crest, Wichita, KS 67215
Residential, Wichita, KS
Property Size1,195 SF
Lot Size0.24 Acres
Price / SF$158.91
Days on Market118
Property Features for 2922 S Cedar Crest
General Information
Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Laundry Room, Kitchen, Bathroom 1
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Walk-In Closet(s), Vaulted Ceiling(s), Window Coverings-All
Exterior features
Guttering - ALL, Irrigation Pump, Irrigation Well, Sprinkler System, Zero Step Entry, Frame w/Less than 50% Mas
Fireplace
1
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Range
Subdivision
NONE LISTED ON TAX RECORD
Lot features
Standard
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 & PAWNEE SOUTH TO BRIDGER PAWNEE
Standard status
Active
APN
203060310400100
Size
1,195 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 1 BLock D Bridger Pawnee Addition
Tax Annual Amount
2
HOA Fee
$1,020 Annually
Legal Description
Lot 1 BLock D Bridger Pawnee Addition
Utilities
Utilities
Natural Gas Available
Heating system
Natural Gas, Forced Air
Cooling system
Electric, Central Air
Building Details
Year built
2026
Floors in Building
1
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Elite Real Estate Experts
(316) 719-4000
Listed By:
Tammy Schmidt
(316) 617-2356
Added: Jul 3
Changed: Oct 21
Last Checked: Oct 28 at 6:06AM
MLS# 675464
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.
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Investment Insights
Based on property information with market context.
This ranch-style duplex is under construction and offers 1,195 square feet with a zero-step entry. The layout includes three bedrooms, two full bathrooms, a kitchen with an eating island and walk-in pantry, a separate laundry room, and a living room with an electric fireplace. Interior finishes include granite or quartz countertops, luxury vinyl flooring, and stainless steel appliances. The primary suite includes a private bathroom with a walk-in shower and a walk-in closet.
Exterior features include Hardie board cement siding, composition roofing, patios, fenced yards, sod, guttering, and sprinkler systems supported by a shared irrigation well. The property also includes two-car garages and soundboard between the units. It is located in Pawnee Crossing within the Goddard School district in Wichita, Kansas.
Exterior features include Hardie board cement siding, composition roofing, patios, fenced yards, sod, guttering, and sprinkler systems supported by a shared irrigation well. The property also includes two-car garages and soundboard between the units. It is located in Pawnee Crossing within the Goddard School district in Wichita, Kansas.
Key Highlights
- Duplex under construction with 1,195 square feet and a 2026 year built
- Zero‑step entry and ranch‑style design
- Three bedrooms, two full bathrooms, and two‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,855
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,100
$197.1K
Cap Rate 7%
$140,786
$140.8K
Cap Rate 9%
$109,500
$109.5K
Market Conditions
NOI Build-Up for 1,195 SF
Gross rent
$15.1K $12.60/SF
− Vacancy
−$979 −$0.82/SF
EGI
$14.1K $11.78/SF
− OpEx
−$4.2K −$3.53/SF
NOI
$9.9K $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%
$197,100
Cap Rate 7%
$140,786
Cap Rate 9%
$109,500
Alternative Uses
Best Use
Multifamily LT 5
$140.8K
$123.2K – $164.3K
NOI $9,855 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$131.0K
$114.6K – $152.8K
NOI $9,167 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$295.9K
$258.9K – $345.2K
NOI $20,712 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Ranch-style duplex under construction with attached garages, fenced yards, and upgraded interior finishes in west Wichita.
Where is this duplex located?
The property is located at 2922 S Cedar Crest Wichita, KS.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Duplex under construction with 1,195 square feet and a 2026 year built; Zero‑step entry and ranch‑style design; Three bedrooms, two full bathrooms, and two‑car garages
