New Construction
New
For Sale
$370,000
317 N Doris, Wichita, KS 67212
Each residence includes a private two-car garage, separate laundry room, and backyard with a concrete patio planned before closing.
Property Size3,358 SF
Price / SF$110.18
Days on Market4
Property Features for 317 N Doris
General Information
Standard status
Active
Size
3,358 SF
Total Parking Spaces
4
Property subtype
Residential Income
Site & Location
Neighborhood
Orchard Breeze
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$4,800
Listing Agency:
Real Broker, LLC
(316) 910-2910
Listed By:
Ryan Saylor · License #00241737
(316) 252-4042
Source:
Exprealty
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:34AM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
This newly built duplex contains two independent residences, each with 3 bedrooms, 2 bathrooms, and 1,293 square feet of living space. Together, the units provide 6 bedrooms, 4 bathrooms, 2,586 square feet, and four garage spaces. Both layouts connect the kitchen, dining, and living areas in an open plan, with a large island, white quartz counters, stainless steel appliances, gray LVP flooring, and recessed lighting. The kitchens have distinct cabinet colors, tile backsplashes, and hardware. Each home also has a primary walk-in closet, a separate laundry room, and two bathrooms with quartz counters and tiled surrounds.
Each unit has a backyard and an 8' x 8' concrete patio planned off the primary bedroom for installation before closing. Final grading remains incomplete, especially in the backyard areas; grading and seeding are planned for the front yard and portions of the backyards.
Each unit has a backyard and an 8' x 8' concrete patio planned off the primary bedroom for installation before closing. Final grading remains incomplete, especially in the backyard areas; grading and seeding are planned for the front yard and portions of the backyards.
Key Highlights
- Two separate residences, each with 3 bedrooms, 2 bathrooms, and 1,293 square feet
- Combined total of 6 bedrooms, 4 bathrooms, and 2,586 square feet
- Four garage spaces, with a two‑car garage serving each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,055
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,100
$501.1K
Cap Rate 7%
$357,929
$357.9K
Cap Rate 9%
$278,389
$278.4K
Market Conditions
NOI Build-Up for 3,358 SF
Gross rent
$38.3K $11.40/SF
− Vacancy
−$2.5K −$0.74/SF
EGI
$35.8K $10.66/SF
− OpEx
−$10.7K −$3.20/SF
NOI
$25.1K $7.46/SF
Area
ZIP 67212
Vacancy
6.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,100
Cap Rate 7%
$357,929
Cap Rate 9%
$278,389
Alternative Uses
Best Use
Multifamily LT 5
$357.9K
$313.2K – $417.6K
NOI $25,055 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$334.0K
$292.3K – $389.7K
NOI $23,383 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$732.7K
$641.1K – $854.8K
NOI $51,289 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
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Business Placement
Demographics for 67212, KS
43,587
Population
19,409
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
93%
High-School Grad
12.5 sq mi
ZIP Area
3,487
Density / Sq Mi
$64,957
Median Household Income
$42,601
Median Earnings
$1,021
Median Rent
$189,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes a private two-car garage, separate laundry room, and backyard with a concrete patio planned before closing.
Where is this duplex located?
The property is located at 317 N Doris 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 separate residences, each with 3 bedrooms, 2 bathrooms, and 1,293 square feet; Combined total of 6 bedrooms, 4 bathrooms, and 2,586 square feet; Four garage spaces, with a two‑car garage serving each unit
