Twin Zero-Entry
2922 S Cedar Crest Wichita, KS 67215
2922 S Cedar Crest, Wichita, KS, 67215
$189,900
For Sale
$189,900
SINGLE_FAMILY - Ranch - Wichita, KS
Property Size1,195 SF
Lot Size0.24 Acres
Price / SF$158.91
Days on Market19
Property Features for 2922 S Cedar Crest
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Laundry Room, Bathroom 1, Bedroom 1, Kitchen, Bedroom 2
- 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
- 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
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Roof type
- Composition
- Architectural style
- Ranch
Listing Agency
Elite Real Estate Experts
(316) 719-4000
8558 W. 21st St. N. Ste. 500, Wichita, KS
Listed by
Tammy Schmidt · License #SP00228543
(316) 617-2356
Added: Jul 3 Updated: Jul 18 at 3:06 am Checked: Jul 21 at 2:06 am
MLS# 675464
Listing URL
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 property consists of twin zero-entry homes designed as residential income units. Each home includes 3 bedrooms, 2 full baths, and a 2-car garage, with a shared soundboard between the two units to help cut down noise. The exterior is described as Hardie Board cement siding. Inside, the homes feature custom finishes such as granite/quartz countertops, luxury vinyl flooring, and a living room electric fireplace. Kitchens are noted with stainless steel appliances including a stove, dishwasher, built-in microwave, and refrigerator, along with a large walk-in pantry and a separate eating island. A master suite includes a master bath with a walk-in shower and a large walk-in closet, plus a separate laundry room off the garage.
The property is located at 2922 S Cedar Crest in Wichita, Kansas (Sedgwick County), with the listing remarks referencing the Goddard School district. Outdoor improvements include sod, a fenced yard, and a sprinkler system, with a shared irrigation well included.
Additional reported details include the inclusion of custom interior features and the shared elements supporting day-to-day maintenance for the two homes.
The property is located at 2922 S Cedar Crest in Wichita, Kansas (Sedgwick County), with the listing remarks referencing the Goddard School district. Outdoor improvements include sod, a fenced yard, and a sprinkler system, with a shared irrigation well included.
Additional reported details include the inclusion of custom interior features and the shared elements supporting day-to-day maintenance for the two homes.
Key Highlights
- Under construction 2026 ranch twin homes with zero‑step entry
- Each home offers 3 bedrooms, 2 full baths, and a 2‑car garage
- Hardie Board cement siding plus soundboard between the two units to help cut down noise
Local 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 | $15.1k | $12.60 |
| − Vacancy | −$979 | −$0.82 |
| EGI | $14.1k | $11.78 |
| − OpEx | −$4.2k | −$3.53 |
| NOI | $9.9k | $8.25 |
1,195 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Each unit features 3 bedrooms, 2 full baths, a 2-car garage, and shared details like soundboard and irrigation well.
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: Under construction 2026 ranch twin homes with zero‑step entry; Each home offers 3 bedrooms, 2 full baths, and a 2‑car garage; Hardie Board cement siding plus soundboard between the two units to help cut down noise
