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    Three-Bedroom Twin Duplex Title is generated by Realmo AI

    5196 N Honeylocust, Wichita, KS 67226

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    For Sale
    $375,000

    MULTI_FAMILY - Other - Wichita, KS

    Property size:
    2,400 SF
    Lot size:
    11,326.00 Acres
    Price / SF:
    $156/SF
    Added:
    Jun 5, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 14 at 2:06 am

    Property Features for 5196 N Honeylocust

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    4
    Appliances
    Dishwasher, Disposal, Microwave, Range, Refrigerator
    Standard status
    Active
    APN
    104-20-0-13-04-002.00
    Size
    2,400 SF
    Lot size
    11,326.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 7 BLOCK 2 SKYVIEW AT BLOCK 49 ADDITION
    Tax Annual Amount
    5254

    Utilities

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

    Building Details

    Year built
    2022
    Number of units
    2
    Building materials
    Masonite
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Dawn M Anaya
    Dawn M Anaya

    Listing agent Dawn M Anaya

    Listing office Coldwell Banker Plaza Real Estate 9860 E. 21st St. N., Wichita, KS

    Listing date Jun 5, 2026

    MLS# 674116 Listing URL

    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/twin home built in 2022 with two units, each offering 3 bedrooms and 2 baths
    • Each unit is on the same level with no basement, meaning no stairs
    • Laminate flooring throughout each unit with granite counters and stainless steel kitchen appliances
    • Each unit includes kitchen appliances (dishwasher, disposal, microwave, range, refrigerator) and is equipped with ceiling fans
    • Rents are $1,595 per month per unit; both units are currently occupied
    • Utilities and services include natural gas available and public water; composition roof

    Overview

    This fairly new twin/duplex home offers two separate units, each with three bedrooms and two bathrooms. Both units are set up on the same level with no basement, eliminating stairs and simplifying everyday access. Interior finishes include laminate flooring throughout, granite countertops, and stainless steel appliances. Each unit also includes its kitchen appliances, contributing to a turnkey setup for residents.

    The property is located at 5196 N Honeylocust in Wichita, Kansas (Sedgwick County). Each unit includes a fenced side yard, which helps define outdoor space for occupants. The offering notes that both units are currently occupied.

    For buyers seeking a residential income property, this configuration provides two self-contained, similarly finished units with a straightforward layout. The single-level design and included appliances can reduce move-in friction for tenants. With both units occupied, the property may be suited for investors looking to acquire a duplex in currently rented condition, subject to confirming details during due diligence.

    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 $30.2k $12.60
    − Vacancy −$2.0k −$0.82
    EGI $28.3k $11.78
    − OpEx −$8.5k −$3.53
    NOI $19.8k $8.25
    2,400 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $282.7K
    $247.4K – $329.9K (±1% cap)
    NOI $19,792 @ 7.0% cap · market cap 5.28%
    Second Best
    Apartment 5plus
    $263.0K
    $230.2K – $306.9K (±1% cap)
    NOI $18,412 @ 7.0% cap · market cap 4.91%
    Theoretical Best
    Office A
    $594.2K
    $520.0K – $693.3K (±1% cap)
    NOI $41,597 @ 7.0% cap · market cap 11.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.234933
    Latitude
    37.776144

    FAQs

    What type of property is this?
    Duplex - Fairly new, single-level duplex with modern finishes and fenced side yards for each tenant unit.
    Where is this duplex located?
    The property is located at 5196 N Honeylocust Wichita, KS.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Duplex/twin home built in 2022 with two units, each offering 3 bedrooms and 2 baths; Each unit is on the same level with no basement, meaning no stairs; Laminate flooring throughout each unit with granite counters and stainless steel kitchen appliances
    More about this property
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