Brand-New Two-Unit
For Sale
$370,000
2973 S Bunker Hl, Wichita, KS 67210
Modern duplex with open-plan interiors, included appliances, and separate attached garages for each residence.
Property Size2,444 SF
Price / SF$151.39
Days on Market68
Property Features for 2973 S Bunker Hl
General Information
Standard status
Active
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
$305
Building Details
Buildings
1
Listing Agency:
Superior Realty
(316) 440-6000
Listed By:
Basem Krichati · License #BR00220971
(316) 516-0139
Source:
Exprealty
Added: Aug 11
Changed: Oct 16
Last Checked: Oct 16 at 10:41AM
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 brand-new duplex contains two separate residences within one building, each offering 3 bedrooms, 2 bathrooms, and an attached 2-car garage. The 2,444-square-foot property features open-concept living areas, large windows, LVP flooring, granite countertops, walk-in closets, and walk-in pantries. Appliances and window blinds are included in both units.
The matching layouts provide separate living spaces under one roof, with a total of 6 bedrooms and 4 bathrooms. Each residence has its own garage and kitchen, supporting flexible occupancy across the two units.
The matching layouts provide separate living spaces under one roof, with a total of 6 bedrooms and 4 bathrooms. Each residence has its own garage and kitchen, supporting flexible occupancy across the two units.
Key Highlights
- Two‑unit duplex with 2,444 SF of total building area
- Each unit includes 3 bedrooms and 2 bathrooms
- Two attached 2‑car garages
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
NOI $20,155 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$267.8K
$234.4K – $312.5K
NOI $18,749 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$605.1K
$529.5K – $706.0K
NOI $42,360 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Modern duplex with open-plan interiors, included appliances, and separate attached garages for each residence.
Where is this duplex located?
The property is located at 2973 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 with 2,444 SF of total building area; Each unit includes 3 bedrooms and 2 bathrooms; Two attached 2‑car garages
