3903 N Pepper Ridge, Wichita, KS 67205
MULTI_FAMILY - Other - Wichita, KS
- Added:
- Jul 2, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 5 at 2:06 am
Property Features for 3903 N Pepper Ridge
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Basement
- Finished
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator
- Standard status
- Active
- APN
- 088-28-0-33-02-006.00
- Size
- 3,962 SF
- Lot size
- 12,197.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 6 BLOCK 2 AVALON PARK 2ND ADD.
- Tax Annual Amount
- 4983
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Electric, Gas (Cooling)
- Water source
- Public
Building Details
- Year built
- 2005
- Number of units
- 2
- Flooring type
- Carpet
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Reuben Loyd License #SP00222634 (316) 806-1241
Listing office ERA Great American Realty 10300 W Central, Wichita, KS (316) 686-4111
Listing date Jul 2, 2026
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.
HighLights
- Duplex built in 2005 in the Maize South School District
- Each unit features 4 bedrooms and 3 bathrooms, plus main‑floor laundry
- Units include view‑out basements and vaulted ceilings, along with a fireplace
- Each unit has a private deck
- Heating: natural gas forced air; cooling: electric and gas (cooling); roof is composition
- HOA is $100.00 per month (covers lawn care and trash service)
Overview
The duplex is located in Avalon Park within the Maize South School District, at 3903 N Pepper Ridge in Wichita, KS 67205. Showings are scheduled only upon an accepted contract and a satisfactory interior inspection, and the listing instructs buyers to please do not disturb tenants. An HOA of $100.00 per month is noted, and it covers lawn care and trash service.
For buyers looking for residential income property structure, this setup provides two full units with similar layouts and in-unit convenience through main-floor laundry. The presence of basements, vaulted ceilings, and fireplaces may appeal to tenants seeking added living space and character, while the private decks provide dedicated outdoor space for each unit. Tenant-occupied status and the showing requirements should be factored into any due diligence timeline.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $12.60 |
| − Vacancy | −$2.6k | −$0.66 |
| EGI | $47.3k | $11.94 |
| − OpEx | −$14.2k | −$3.58 |
| NOI | $33.1k | $8.36 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.443559
- Latitude
- 37.753629
