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New Two-Unit Duplex with Garages
For Sale
$370,000
Pending

2969 S Bunker Hl, Wichita, KS 67210

Newly built duplex with contemporary interiors, separate living spaces, and attached garages for each residence.

Property Size2,444 SF
Days on Market68

Property Features for 2969 S Bunker Hl

General Information

Standard status Pending
Size 2,444 SF
Total Parking Spaces 4
Property subtype Residential Income

Units

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

Taxes and HOA fees

Annual Taxes $284

Building Details

Buildings 1
Listing Agency: Superior Realty
Listed By: Basem Krichati · License #BR00220971
Source: Exprealty
Added: Aug 11 Changed: Oct 10 Last Checked: Oct 16 at 3:20PM

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 Superior Realty

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Investment Insights

Based on property information with market context.

This newly constructed duplex contains two independently arranged residences totaling 2,444 square feet. Each side offers three bedrooms, two bathrooms, an open living and kitchen area, LVP flooring, granite countertops, walk-in closets, and a walk-in pantry. Both kitchens include appliances, while installed window blinds add to the ready-to-occupy setup. Each residence also has its own attached two-car garage.

The property is located at 2969 S Bunker Hl in Wichita, Kansas 67210. With six bedrooms and four bathrooms across the building, the layout supports separate household living within one structure. The two-unit configuration can accommodate an owner-occupant with a second residence or hold both sides as a multifamily asset.

Key Highlights

  • Two‑unit duplex totaling 2,444 square feet
  • Each residence has 3 bedrooms and 2 bathrooms
  • Attached 2‑car garage for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,155
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,100 $403.1K
Cap Rate 7%
$287,929 $287.9K
Cap Rate 9%
$223,944 $223.9K
Market Conditions
NOI Build-Up for 2,444 SF
Gross rent
$30.8K $12.60/SF
− Vacancy
−$2.0K −$0.82/SF
EGI
$28.8K $11.78/SF
− OpEx
−$8.6K −$3.53/SF
NOI
$20.2K $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%
$403,100
Cap Rate 7%
$287,929
Cap Rate 9%
$223,944

Alternative Uses

Best Use
Multifamily LT 5
$287.9K
$251.9K – $335.9K (±1% cap)
NOI $20,155 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$267.8K
$234.4K – $312.5K (±1% cap)
NOI $18,749 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$605.1K
$529.5K – $706.0K (±1% cap)
NOI $42,360 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Electrical Service Parking Lot & Garage Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 67210, KS

8,705
Population
3,676
Households
2.4
Avg Household Size
30
Median Age
20%
College-Educated
78%
High-School Grad
12.4 sq mi
ZIP Area
702
Density / Sq Mi
$52,966
Median Household Income
$29,459
Median Earnings
$905
Median Rent
$180,700
Median Home Value

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 - Newly built duplex with contemporary interiors, separate living spaces, and attached garages for each residence.
Where is this duplex located?
The property is located at 2969 S Bunker Hl Wichita, KS.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,444 square feet; Each residence has 3 bedrooms and 2 bathrooms; Attached 2‑car garage for each unit
More about this property
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