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Full Duplex with Three-Car Garages

5287 N Toben Wichita, KS 67226

5287 N Toben, Wichita, KS, 67226
$389,500
For Sale
$389,500

SINGLE_FAMILY - Contemporary, Ranch - Wichita, KS

Property Size2,773 SF
Lot Size0.26 Acres
Price / SF$140.46
Days on Market79

Property Features for 5287 N Toben

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Dining Room, Bathroom 2, Bathroom 1, Laundry Room, Bedroom 3, Bedroom 2
Security features
Security Lighting
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Walk-In Closet(s), Window Coverings-All
Exterior features
Guttering - ALL, Sprinkler System, Zero Step Entry, Frame w/Less than 50% Mas, Brick, Brick Veneer
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Range
Standard status
Active
APN
104-20-0-11-02-019.00
Size
2,773 SF
Lot size
0.26 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 19 BLOCK 1 ROCK SPRING 3RD ADDITION
Tax Annual Amount
5990

Utilities

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

Building Details

Year built
2021
Floors in Building
1
Flooring type
Laminate
Building materials
Frame, Brick Veneer
Roof type
Composition
Architectural style
Ranch, Contemporary
Listing Agency Coldwell Banker Plaza Real Estate
9860 E. 21st St. N., Wichita, KS
Listed by Leslie Wessel · License #00225620
Added: May 1 Checked: Jul 18 at 8:06 pm
MLS# 672262 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.


Investment Insights

Based on property information with market context.

5287 & 5289 N Toben offers an income-producing full duplex with private entrances for each unit, a covered walkway, and abundant parking. The property features attached three-car garage setups, including a rear roll-up garage door for versatile indoor-outdoor access to the backyard and patio area. Both units are laid out with a modern, cohesive interior including luxury vinyl plank flooring and neutral finishes. Kitchens include stainless steel appliances and granite countertops, with matching granite continued through the bathrooms.

Primary suites include private bathrooms, built-in storage, and oversized walk-in closets. Outdoor space includes covered patios and fully fenced backyards for each unit. Unit 5287 is currently leased under a recently renewed one-year lease, extending into 2027, while unit 5289 is scheduled to be available July 31, 2026.

Professional management is in place through Reliance Property Management, with the option to continue management or self-manage. Showings are permitted for 5289 with at least 24 hours’ notice, and 5287 showings are available with an accepted contract; please do not disturb tenants.

Key Highlights

  • Income‑producing full duplex built in 2021 with 2 units at 5287 N Toben and 5289 N Toben
  • 5287 unit is leased with a recently renewed one‑year lease extending into 2027; 5289 becomes available July 31, 2026
  • Each unit has private entrances, covered patio, and access to a fully fenced backyard

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 $34.9k $12.60
− Vacancy −$2.3k −$0.82
EGI $32.7k $11.78
− OpEx −$9.8k −$3.53
NOI $22.9k $8.25
2,773 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$326.7K
$285.9K – $381.1K (±1% cap)
NOI $22,868 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$303.9K
$265.9K – $354.6K (±1% cap)
NOI $21,273 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$686.6K
$600.8K – $801.0K (±1% cap)
NOI $48,062 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Auto Parts Store Pharmacy Electrical Service Storage Facility Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Income-producing full duplex with separate entrances, covered patios, fenced backyards, and attached three-car garages per unit.
Where is this duplex located?
The property is located at 5287 N Toben Wichita, KS.
What is the asking price?
The asking price for this property is $389,500.
What are key features of this property?
This property features: Income‑producing full duplex built in 2021 with 2 units at 5287 N Toben and 5289 N Toben; 5287 unit is leased with a recently renewed one‑year lease extending into 2027; 5289 becomes available July 31, 2026; Each unit has private entrances, covered patio, and access to a fully fenced backyard
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