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Modern-Finish Duplex
For Sale
$385,000

2937 S Maize Ct, Wichita, KS 67215

Each residence offers four bedrooms, two full bathrooms, and contemporary interior finishes.

Property Size2,752 SF
Price / SF$139.90
Days on Market476

Property Features for 2937 S Maize Ct

General Information

Standard status Active
Size 2,752 SF
Total Parking Spaces 8
Property subtype Residential Income

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $4,911

Amenities

covered patio

Building Details

Building Size 2,752 SF
Year Built 2024
Buildings 1
Units 2
Listing Agency: Russell Real Resources LLC
Listed By: Bree Russell · License #BR SP00218596
Source: Albright-realty
Added: Jul 19, 2025 Changed: Nov 2 Last Checked: Nov 4 at 6:06AM

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 duplex contains 2,752 square feet across two residences. Each side has a four-bedroom layout, two full bathrooms, a primary bedroom with a walk-in closet, and a kitchen with granite counters and a walk-in pantry. Interior features include LVP flooring, vaulted living areas, and 9-foot ceilings. A covered patio provides outdoor space for each residence.

The property is within the Goddard school district. The HOA handles lawn maintenance.

Key Highlights

  • 2,752‑square‑foot duplex built in 2024
  • Two residences, each with four bedrooms and two full bathrooms
  • Granite kitchen counters, walk‑in pantry, LVP flooring, vaulted living areas, and 9‑foot ceilings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,695
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,900 $453.9K
Cap Rate 7%
$324,214 $324.2K
Cap Rate 9%
$252,167 $252.2K
Market Conditions
NOI Build-Up for 2,752 SF
Gross rent
$34.7K $12.60/SF
− Vacancy
−$2.3K −$0.82/SF
EGI
$32.4K $11.78/SF
− OpEx
−$9.7K −$3.53/SF
NOI
$22.7K $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%
$453,900
Cap Rate 7%
$324,214
Cap Rate 9%
$252,167

Alternative Uses

Best Use
Multifamily LT 5
$324.2K
$283.7K – $378.3K (±1% cap)
NOI $22,695 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$301.6K
$263.9K – $351.9K (±1% cap)
NOI $21,112 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$681.4K
$596.2K – $795.0K (±1% cap)
NOI $47,698 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Paved road 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 - Each residence offers four bedrooms, two full bathrooms, and contemporary interior finishes.
Where is this duplex located?
The property is located at 2937 S Maize Ct Wichita, KS.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 2,752‑square‑foot duplex built in 2024; Two residences, each with four bedrooms and two full bathrooms; Granite kitchen counters, walk‑in pantry, LVP flooring, vaulted living areas, and 9‑foot ceilings
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