Four-Bedroom
New
For Sale
$478,500
4761 E 45th St N, Wichita, KS 67220
Residential Income, Wichita, KS
Property Size3,142 SF
Lot Size0.26 Acres
Price / SF$152.29
Days on Market2
Property Features for 4761 E 45th St N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
6
Appliances
Dishwasher, Disposal, Microwave, Range
Elementary school
Chisholm Trail
Middle school
Stucky
High school
Heights
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
Located on the Southwest corner of 45th St. N. & Oliver.
Subdivision
SCKMLS
Standard status
Active
APN
097260110200200
Size
3,142 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 3 EXC W 193.35 FT THEREOF & W 53.32 FT LOT 4 BLOCK E EAGLES LANDING AT NORTH OLIVER 2ND ADDITION
Tax Annual Amount
4206
Legal Description
LOT 3 EXC W 193.35 FT THEREOF & W 53.32 FT LOT 4 BLOCK E EAGLES LANDING AT NORTH OLIVER 2ND ADDITION
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Electric
Water source
Public
Amenities
private back patios
partitioned backyard spaces
Building Details
Year built
2022
Number of units
2
Building materials
Frame, Masonite
Roof type
Composition
Architectural style
Other
Buildings
1
Listing Agency:
Heritage 1st Realty
(316) 512-1300
Listed By:
Dustin Lynam
(316) 259-9184
Added: Oct 24
Last Checked: Oct 25 at 2:06PM
MLS# 680974
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.
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Investment Insights
Based on property information with market context.
Completed in 2022, this duplex contains 3,142 square feet across two residences. Each home has four bedrooms, two and a half bathrooms, an attached two-car garage, and a private patio with a partitioned backyard. The property includes four garage spaces in total and sits on 0.2597 acres.
The homes are near the southwest corner of 45th Street and Oliver, with access to K-96, Koch Industries, shopping, dining, and major employers. Both units feature modern finishes and functional layouts. Special assessments have been paid in full.
The homes are near the southwest corner of 45th Street and Oliver, with access to K-96, Koch Industries, shopping, dining, and major employers. Both units feature modern finishes and functional layouts. Special assessments have been paid in full.
Key Highlights
- Two residences, each with 4 bedrooms and 2.5 bathrooms
- 3,142 square feet across the duplex
- Built in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,911
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,220
$518.2K
Cap Rate 7%
$370,157
$370.2K
Cap Rate 9%
$287,900
$287.9K
Market Conditions
NOI Build-Up for 3,142 SF
Gross rent
$39.6K $12.60/SF
− Vacancy
−$2.6K −$0.82/SF
EGI
$37.0K $11.78/SF
− OpEx
−$11.1K −$3.53/SF
NOI
$25.9K $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%
$518,220
Cap Rate 7%
$370,157
Cap Rate 9%
$287,900
Alternative Uses
Best Use
Multifamily LT 5
$370.2K
$323.9K – $431.9K
NOI $25,911 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$344.3K
$301.3K – $401.7K
NOI $24,104 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$778.0K
$680.7K – $907.6K
NOI $54,458 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 67220, KS
14,370
Population
6,032
Households
2.4
Avg Household Size
34
Median Age
43%
College-Educated
92%
High-School Grad
7.2 sq mi
ZIP Area
1,996
Density / Sq Mi
$72,861
Median Household Income
$33,454
Median Earnings
$889
Median Rent
$193,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate homes pair modern finishes with private outdoor areas and attached garages.
Where is this duplex located?
The property is located at 4761 E 45th St N Wichita, KS.
What is the asking price?
The asking price for this property is $478,500.
What are key features of this property?
This property features: Two residences, each with 4 bedrooms and 2.5 bathrooms; 3,142 square feet across the duplex; Built in 2022
