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New-Build Ranch Duplex
For Sale
$187,500

504 E Harper St, Valley Center, KS 67147

Residential, Valley Center, KS

Property Size1,379 SF
Lot Size0.09 Acres
Price / SF$135.97
Days on Market280

Property Features for 504 E Harper St

General Information

Property type Residential
Property subtype Duplex
Property condition Under Construction
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Laundry Room, Bathroom 1, Dining Room, Bedroom 2
Patio and Porch features Patio
Interior features Ceiling Fan(s), Walk-In Closet(s), Vaulted Ceiling(s), Smoke Detector(s)
Exterior features Guttering - ALL, Sprinkler System
Fireplace 1
Appliances Dishwasher, Disposal, Microwave, Range, Smoke Detector
Subdivision SUNFLOWER
Lot features Standard
Elementary school Valley Center
Middle school Valley Center
High school Valley Center
Elementary school district Valley Center Pub School (USD 262)
Middle school district Valley Center Pub School (USD 262)
High school district Valley Center Pub School (USD 262)
Directions West on 77th(Ford St.) - Go left onto Wybern St. Right onto E. Hayes St. and Right onto Harper St. Unit is on the left
Standard status Active
APN 087-093-06-0-21-02-003.00
Size 1,379 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1 BLOCK B SUNFLOWER VALLEY ADDITION
HOA Fee $600 Annually
Legal Description LOT 1 BLOCK B SUNFLOWER VALLEY ADDITION

Utilities

Utilities Natural Gas Available
Heating system Natural Gas, Forced Air
Cooling system Central Air, Electric

Amenities

covered back patio

Building Details

Year built 2025
Floors in Building 1
Flooring type Smoke detector(s)
Building materials Frame
Roof type Composition
Architectural style Ranch
Listing Agency: Heritage 1st Realty
Listed By: Dustin Lynam · License #00237038
Added: Jan 11 Changed: Oct 8 Last Checked: Oct 18 at 7:06AM
MLS# 666900

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.

This under-construction ranch-style duplex offers 1,379 square feet with four bedrooms and two bathrooms. The interior plan separates the bedrooms and includes a kitchen with a walk-in pantry, a dedicated laundry area, vaulted ceilings, and walk-in closets. A fireplace, central air, forced-air heating, and natural gas service add to the home’s functional design. The attached two-car garage provides parking and storage, while the covered back patio faces a water view.

The property sits on a 0.09-acre lot at 504 E Harper St in Valley Center, Kansas, within the Valley Center School District. Exterior features include guttering and a sprinkler system. Construction is frame with a composition roof, and the property is identified as a 2025 build.

Key Highlights

  • Four‑bedroom, two‑bathroom twin home with 1,379 square feet
  • Under‑construction 2025 ranch‑style duplex
  • Split‑bedroom floor plan with walk‑in pantry and separate laundry area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,530
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,600 $230.6K
Cap Rate 7%
$164,714 $164.7K
Cap Rate 9%
$128,111 $128.1K
Market Conditions
NOI Build-Up for 1,379 SF
Gross rent
$17.4K $12.60/SF
− Vacancy
−$904 −$0.66/SF
EGI
$16.5K $11.94/SF
− OpEx
−$4.9K −$3.58/SF
NOI
$11.5K $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%
$230,600
Cap Rate 7%
$164,714
Cap Rate 9%
$128,111

Alternative Uses

Best Use
Multifamily LT 5
$164.7K
$144.1K – $192.2K (±1% cap)
NOI $11,530 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$151.9K
$132.9K – $177.3K (±1% cap)
NOI $10,635 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$287.4K
$251.5K – $335.3K (±1% cap)
NOI $20,120 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby

Demographics for 67147, KS

10,715
Population
4,106
Households
2.6
Avg Household Size
37
Median Age
39%
College-Educated
92%
High-School Grad
103.6 sq mi
ZIP Area
103
Density / Sq Mi
$82,711
Median Household Income
$47,569
Median Earnings
$996
Median Rent
$227,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Four-bedroom twin home with a split-bedroom layout, attached garage, and covered outdoor living area.
Where is this duplex located?
The property is located at 504 E Harper St Valley Center, KS.
What is the asking price?
The asking price for this property is $187,500.
What are key features of this property?
This property features: Four‑bedroom, two‑bathroom twin home with 1,379 square feet; Under‑construction 2025 ranch‑style duplex; Split‑bedroom floor plan with walk‑in pantry and separate laundry area
More about this property
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