Under-Construction
For Sale
$384,900
5304 W Rolly St., Wichita, KS 67215
Residential Income, Wichita, KS
Property Size2,758 SF
Lot Size0.30 Acres
Price / SF$139.56
Days on Market159
Property Features for 5304 W Rolly St.
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Parking
4
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Elementary school
Kelly
Middle school
Truesdell
High school
Campus
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
Turning south from Macarthur onto Flora Ave. then turn east onto Rolly st.
Subdivision
SCKMLS
Standard status
Active
APN
30026666
Size
2,758 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 6 BLOCK 1 COTTONWOOD CREEK ESTATES ADDITION
Tax Annual Amount
4
HOA Fee
$2,520 Annually
Legal Description
LOT 6 BLOCK 1 COTTONWOOD CREEK ESTATES ADDITION
Utilities
Utilities
Natural Gas Available
Heating system
Natural Gas, Forced Air
Cooling system
Multi Units, Electric, Ceiling Fan(s)
Water source
Public
Building Details
Year built
2026
Number of units
2
Building materials
Frame, Masonite
Roof type
Composition
Listing Agency:
Keller Williams Hometown Partners · Keller Williams Realty
(316) 729-8500
Listed By:
Tanner Ternes · License #00250292
(316) 670-6071
Added: May 12
Changed: Oct 16
Last Checked: Oct 17 at 1:06PM
MLS# 672973
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This under-construction duplex is planned with 2,758 square feet on a 0.3037-acre lot. The property includes 3 bedrooms and 2 bathrooms, along with an attached 2-car garage and zero-entry front and side doors. Luxury vinyl plank flooring is specified throughout the property.
Each kitchen is equipped with a walk-in pantry, bar seating, and appliances including a range, microwave, refrigerator, and dishwasher. Construction materials include frame and Masonite, with forced-air natural gas heating, electric cooling, multiple cooling units, and ceiling fans. Public water and natural gas availability are listed, and the composition roof is part of the planned construction.
Each kitchen is equipped with a walk-in pantry, bar seating, and appliances including a range, microwave, refrigerator, and dishwasher. Construction materials include frame and Masonite, with forced-air natural gas heating, electric cooling, multiple cooling units, and ceiling fans. Public water and natural gas availability are listed, and the composition roof is part of the planned construction.
Key Highlights
- 2,758‑square‑foot duplex on a 0.3037‑acre lot
- Under construction with a 2026 year built
- 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,744
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,880
$454.9K
Cap Rate 7%
$324,914
$324.9K
Cap Rate 9%
$252,711
$252.7K
Market Conditions
NOI Build-Up for 2,758 SF
Gross rent
$34.8K $12.60/SF
− Vacancy
−$2.3K −$0.82/SF
EGI
$32.5K $11.78/SF
− OpEx
−$9.7K −$3.53/SF
NOI
$22.7K $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%
$454,880
Cap Rate 7%
$324,914
Cap Rate 9%
$252,711
Alternative Uses
Best Use
Multifamily LT 5
$324.9K
$284.3K – $379.1K
NOI $22,744 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$302.3K
$264.5K – $352.6K
NOI $21,158 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$682.9K
$597.5K – $796.7K
NOI $47,802 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 67215, KS
6,451
Population
2,266
Households
2.8
Avg Household Size
36
Median Age
39%
College-Educated
93%
High-School Grad
17.2 sq mi
ZIP Area
375
Density / Sq Mi
$110,329
Median Household Income
$48,691
Median Earnings
$1,336
Median Rent
$222,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-level-free-entry access, an attached garage, and appliance-equipped kitchens support practical residential use.
Where is this duplex located?
The property is located at 5304 W Rolly St. Wichita, KS.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: 2,758‑square‑foot duplex on a 0.3037‑acre lot; Under construction with a 2026 year built; 3 bedrooms and 2 bathrooms
