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Newer Duplex with Garages
For Sale
$365,000

2925 S Maize Ct, Wichita, KS 67215

Fully leased duplex in the Goddard Public School District with HOA-maintained lawn care.

Property Size2,364 SF
Price / SF$154.40
Days on Market80

Property Features for 2925 S Maize Ct

General Information

Standard status Active
Size 2,364 SF
Total Parking Spaces 4
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Highway Access Yes

Amenities

HOA-maintained lawn care
fully fenced backyard

Building Details

Year Built 2024
Buildings 1
Listing Agency: Russell Real Resources LLC
Listed By: Bree Russell · License #BRSP00218596
Source: Highpointks
Added: Jul 29 Changed: Oct 6 Last Checked: Oct 7 at 3:04PM

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 Russell Real Resources LLC

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Investment Insights

Based on property information with market context.

Built in 2024, this 2,364-square-foot duplex includes two residential units, each with 3 bedrooms, 2 full bathrooms, and a 2-car garage. Both sides feature open living areas, 9-foot ceilings, LVP flooring, quartz countertops, kitchen islands with sinks, walk-in pantries, and contemporary finishes. Primary suites include walk-in closets and walk-in showers, while fenced backyards provide private outdoor space.

The property is located at 2925 S Maize Ct in Wichita, near Pawnee and Maize with access to Kellogg (US-54) and K-42. It is within the Goddard Public School District and near Pawnee Prairie Park, Eisenhower National Airport, and Tex Consolver Golf Course. HOA services cover lawn mowing, sprinklers, and well maintenance.

Key Highlights

  • 2024‑built duplex with 2,364 square feet
  • Each side offers 3 bedrooms, 2 full bathrooms, and a 2‑car garage
  • Fully leased with fenced backyards for both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,495
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,900 $389.9K
Cap Rate 7%
$278,500 $278.5K
Cap Rate 9%
$216,611 $216.6K
Market Conditions
NOI Build-Up for 2,364 SF
Gross rent
$29.8K $12.60/SF
− Vacancy
−$1.9K −$0.82/SF
EGI
$27.9K $11.78/SF
− OpEx
−$8.4K −$3.53/SF
NOI
$19.5K $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%
$389,900
Cap Rate 7%
$278,500
Cap Rate 9%
$216,611

Alternative Uses

Best Use
Multifamily LT 5
$278.5K
$243.7K – $324.9K (±1% cap)
NOI $19,495 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$259.1K
$226.7K – $302.3K (±1% cap)
NOI $18,135 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$585.3K
$512.2K – $682.9K (±1% cap)
NOI $40,973 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Law Firm HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Fully leased duplex in the Goddard Public School District with HOA-maintained lawn care.
Where is this duplex located?
The property is located at 2925 S Maize Ct Wichita, KS.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 2024‑built duplex with 2,364 square feet; Each side offers 3 bedrooms, 2 full bathrooms, and a 2‑car garage; Fully leased with fenced backyards for both units
More about this property
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