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Lakefront Duplex
New
For Sale
$459,800

3632 N Azalea St, Maize, KS 67223

Residential Income, Maize, KS

Property Size2,822 SF
Lot Size0.32 Acres
Price / SF$162.93
Days on Market5

Property Features for 3632 N Azalea St

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Parking 4
Appliances Dishwasher, Disposal, Microwave, Range, Refrigerator
Subdivision Heights at Maize
Elementary school Maize USD266
Middle school Maize
High school Maize
Elementary school district Maize School District (USD 266)
Middle school district Maize School District (USD 266)
High school district Maize School District (USD 266)
Directions North on 119th from 29th St. to Blair Rose, south of 37th. Go west on Blair Rose to Northstar. North to home.
Standard status Active
APN 30025877
Size 2,822 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 1 Blk 5 The Heights at Maize Addition
Tax Annual Amount 6
HOA Fee $2,160 Annually
Legal Description Lot 1 Blk 5 The Heights at Maize Addition

Utilities

Utilities Natural Gas Available
Heating system Forced Air, Natural Gas
Cooling system Electric
Water source Public

Amenities

electric fireplace
covered patio
community dog park
playground
lake

Building Details

Year built 2025
Number of units 2
Building materials Frame
Roof type Composition
Architectural style Other
Buildings 1
Listing Agency: RE/MAX Premier · RE/MAX International
Listed By: Karen Hampton
Added: Oct 24 Last Checked: Oct 28 at 6:06PM
MLS# 680958

Copyright © 2026 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Under construction in Maize, this duplex is planned with 2,822 square feet across two residences. Each side offers three bedrooms, two bathrooms, a two-car garage, and a covered 10-by-10-foot concrete patio opening to a fenced yard with a sprinkler system. Interior features include vaulted living-room ceilings, an electric fireplace, and a kitchen with quartz counters, stainless steel appliances, a pantry, and an eating bar. The primary suite has a walk-in closet, double vanities, and a walk-in shower.

The property is situated on a lake. HOA services include lawn mowing, irrigation, and trash, along with access to a community dog park and playground. The home is planned for completion in 2025.

Key Highlights

  • 2,822 square feet across two residences on a 0.3174‑acre lot
  • Each side has 3 bedrooms, 2 baths, and a 2‑car garage
  • Each residence includes a 10x10 covered concrete patio and a fenced yard with sprinkler system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,596
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,920 $471.9K
Cap Rate 7%
$337,086 $337.1K
Cap Rate 9%
$262,178 $262.2K
Market Conditions
NOI Build-Up for 2,822 SF
Gross rent
$35.6K $12.60/SF
− Vacancy
−$1.8K −$0.66/SF
EGI
$33.7K $11.94/SF
− OpEx
−$10.1K −$3.58/SF
NOI
$23.6K $8.36/SF
Area
Sedgwick County, KS
Vacancy
5.20%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,920
Cap Rate 7%
$337,086
Cap Rate 9%
$262,178

Alternative Uses

Best Use
Multifamily LT 5
$337.1K
$295.0K – $393.3K (±1% cap)
NOI $23,596 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$310.9K
$272.1K – $362.7K (±1% cap)
NOI $21,764 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$588.2K
$514.7K – $686.2K (±1% cap)
NOI $41,173 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 67223, KS

512
Population
221
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
142
Density / Sq Mi
$104,028
Median Household Income
$45,000
Median Earnings
$245,500
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 - Each residence includes a private fenced yard, covered patio, and attached two-car garage.
Where is this duplex located?
The property is located at 3632 N Azalea St Maize, KS.
What is the asking price?
The asking price for this property is $459,800.
What are key features of this property?
This property features: 2,822 square feet across two residences on a 0.3174‑acre lot; Each side has 3 bedrooms, 2 baths, and a 2‑car garage; Each residence includes a 10x10 covered concrete patio and a fenced yard with sprinkler system
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