Newer Three-Bedroom
For Sale
$368,000
4463-4465 N Sandplum St, Wichita, KS 67205
Two attached residences offer modern finishes, private fenced yards, and low-maintenance exterior care through an HOA.
Property Size2,332 SF
Price / SF$157.80
Days on Market86
Property Features for 4463-4465 N Sandplum St
General Information
Standard status
Active
Size
2,332 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
2023
Buildings
1
Listing Agency:
Russell Real Resources LLC
Listed By:
Bree Russell · License #BRSP00218596
(316) 516-7417
Source:
Highpointks
Added: Jul 24
Changed: Oct 7
Last Checked: Oct 7 at 5:45PM
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 Russell Real Resources LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2023, this 2,332-square-foot duplex includes two attached residences with a functional split-bedroom layout. Each side provides three bedrooms, two full bathrooms, a two-car garage, a kitchen with granite surfaces and a walk-in pantry, LVP flooring, and 9-foot ceilings. Covered patios open to spacious rod-iron-fenced backyards.
The property is located in Wichita's Maize High School District near K96 Highway. HOA services include lawn care, mowing, sprinkler maintenance, and well water. Tenants are responsible for utilities and trash. The duplex may also be sold as part of a package of up to 15 duplexes.
The property is located in Wichita's Maize High School District near K96 Highway. HOA services include lawn care, mowing, sprinkler maintenance, and well water. Tenants are responsible for utilities and trash. The duplex may also be sold as part of a package of up to 15 duplexes.
Key Highlights
- 2023‑built duplex totaling 2,332 square feet
- Each unit includes 3 bedrooms, 2 full bathrooms, and a 2‑car garage
- Modern interiors feature LVP flooring, granite, walk‑in pantries, and 9‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,499
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,980
$390.0K
Cap Rate 7%
$278,557
$278.6K
Cap Rate 9%
$216,656
$216.7K
Market Conditions
NOI Build-Up for 2,332 SF
Gross rent
$29.4K $12.60/SF
− Vacancy
−$1.5K −$0.66/SF
EGI
$27.9K $11.94/SF
− OpEx
−$8.4K −$3.58/SF
NOI
$19.5K $8.36/SF
Area
ZIP 67205
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%
$389,980
Cap Rate 7%
$278,557
Cap Rate 9%
$216,656
Alternative Uses
Best Use
Multifamily LT 5
$278.6K
$243.7K – $325.0K
NOI $19,499 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$256.9K
$224.8K – $299.8K
NOI $17,985 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$495.1K
$433.2K – $577.6K
NOI $34,655 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 67205, KS
20,461
Population
7,467
Households
2.7
Avg Household Size
40
Median Age
50%
College-Educated
98%
High-School Grad
16.9 sq mi
ZIP Area
1,211
Density / Sq Mi
$120,630
Median Household Income
$65,457
Median Earnings
$1,237
Median Rent
$314,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two attached residences offer modern finishes, private fenced yards, and low-maintenance exterior care through an HOA.
Where is this duplex located?
The property is located at 4463-4465 N Sandplum St Wichita, KS.
What is the asking price?
The asking price for this property is $368,000.
What are key features of this property?
This property features: 2023‑built duplex totaling 2,332 square feet; Each unit includes 3 bedrooms, 2 full bathrooms, and a 2‑car garage; Modern interiors feature LVP flooring, granite, walk‑in pantries, and 9‑foot ceilings
