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Duplex with Attached Garage

4002 S Chadd St., Wichita, KS 67215

For Sale
$364,900

Residential Income, Wichita, KS

Property Size2,538 SF
Lot Size0.32 Acres
Price / SF$143.77
Days on Market183

Property Features for 4002 S Chadd St.

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Parking 4
Appliances Dishwasher, Disposal, Microwave, Range, Refrigerator
Elementary school Kelly
Middle school Truesdell
High school Campus
Elementary school district Wichita School District (USD 259)
Middle school district Wichita School District (USD 259)
High school district Wichita School District (USD 259)
Directions Turning south from Macarthur onto Flora Ave. then turn east onto Rolly st.
Subdivision SCKMLS
Standard status Active
APN 30026667
Size 2,538 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 7 BLOCK 1 COTTONWOOD CREEK ESTATES ADDITION
Tax Annual Amount 4
HOA Fee $2,520 Annually
Legal Description LOT 7 BLOCK 1 COTTONWOOD CREEK ESTATES ADDITION

Utilities

Utilities Natural Gas Available
Heating system Natural Gas, Forced Air
Cooling system Electric, Multi Units, Ceiling Fan(s)
Water source Public

Amenities

luxury vinyl plank flooring
walk in pantry
bar seating
range
microwave
refrigerator
dishwasher

Building Details

Year built 2026
Number of units 2
Building materials Frame, Masonite
Roof type Composition
Listing Agency: Keller Williams Hometown Partners · Keller Williams Realty
Listed By: Tanner Ternes · License KS #00250292
Added: May 12 Changed: Oct 27 Last Checked: Nov 10 at 6:06AM
MLS# 672917

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.

This under-construction duplex contains 2,538 square feet on a 0.3153-acre lot. The property includes two zero-entry front and side doors, an attached two-car garage, and luxury vinyl plank flooring throughout. Each kitchen setup includes a walk-in pantry, bar seating, and appliances including a range, microwave, refrigerator, dishwasher, and disposal.

The building is planned with frame and Masonite construction, composition roofing, forced-air natural gas heating, electric cooling, multiple cooling units, and ceiling fans. Public water service and natural gas availability are listed. Construction is scheduled for 2026, and the property is located in Wichita, Kansas.

Key Highlights

  • 2,538‑square‑foot duplex on a 0.3153‑acre lot
  • Attached 2‑car garage with two zero‑entry front and side doors
  • Luxury vinyl plank flooring throughout the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,930
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,600 $418.6K
Cap Rate 7%
$299,000 $299.0K
Cap Rate 9%
$232,556 $232.6K
Market Conditions
NOI Build-Up for 2,538 SF
Gross rent
$32.0K $12.60/SF
− Vacancy
−$2.1K −$0.82/SF
EGI
$29.9K $11.78/SF
− OpEx
−$9.0K −$3.53/SF
NOI
$20.9K $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%
$418,600
Cap Rate 7%
$299,000
Cap Rate 9%
$232,556

Alternative Uses

Best Use
Multifamily LT 5
$299.0K
$261.6K – $348.8K (±1% cap)
NOI $20,930 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$278.1K
$243.4K – $324.5K (±1% cap)
NOI $19,470 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$628.4K
$549.9K – $733.2K (±1% cap)
NOI $43,989 @ 7.0% cap · market cap 12.06%
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

47
Businesses Nearby

Demographics for 67215, KS

6,451
Population
2,266
Households
2.8
Avg Household Size
36
Median Age
39%
College-Educated
93%
High-School Grad
17.2 sq mi
ZIP Area
375
Density / Sq Mi
$110,329
Median Household Income
$48,691
Median Earnings
$1,336
Median Rent
$222,500
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Wichita, KS

$143 Jul
$146 Aug
$145 Sep
$151 Oct

Properties on Market for Duplexes in Wichita

Jul
Aug
Sep
Oct

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 - Under-construction duplex featuring equipped kitchens, zero-entry access, and luxury vinyl plank flooring.
Where is this duplex located?
The property is located at 4002 S Chadd St. Wichita, KS.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: 2,538‑square‑foot duplex on a 0.3153‑acre lot; Attached 2‑car garage with two zero‑entry front and side doors; Luxury vinyl plank flooring throughout the property
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Includes: Price & PSF · Cap rate · Location · Zoning

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