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New Duplex Home with Office
For Sale
$257,000

5621 N Wandering Way, Maize, KS 67101

Residential, Maize, KS

Property Size1,885 SF
Lot Size0.11 Acres
Price / SF$136.34
Days on Market315

Property Features for 5621 N Wandering Way

General Information

Property type Residential
Property subtype Duplex
Property condition Under Construction
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 2, Kitchen, Bedroom 3, Bathroom 3, Laundry Room, Bathroom 1, Bedroom 1
Exterior features Frame w/Less than 50% Mas
Subdivision Nicks (Long Beach)
Lot features Standard
Elementary school Maize USD266
Middle school Maize
High school Maize
Elementary school district Maize School District (USD 266)
Middle school district Maize School District (USD 266)
High school district Maize School District (USD 266)
Directions East of K96 and 53rd St.
Standard status Active
APN 0000000
Size 1,885 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4112
HOA Fee $1,200 Annually

Utilities

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

Amenities

community pool
playground
basketball court
pickleball court

Building Details

Year built 2025
Floors in Building 2
Roof type Composition
Architectural style Ranch
Listing Agency: J Russell Communities
Listed By: Colby Jones
Added: Dec 8, 2025 Changed: Oct 17 Last Checked: Oct 19 at 5:06AM
MLS# 665747

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 duplex residence offers 1,885 square feet across a two-story layout on a 0.11-acre lot. The home includes three bedrooms, three bathrooms, a dedicated office, kitchen, laundry room, and a two-car garage. Natural gas forced-air heating and electric central air serve the residence, with a composition roof and frame exterior construction.

Completed neighborhood amenities include a community pool, playground, basketball court, and pickleball court. The property is located in Maize, Kansas, within Sedgwick County, and carries a 2025 year built designation. Its floor plan combines a main-level living area with an upper-level primary suite featuring a private bathroom and walk-in closet.

Key Highlights

  • 1,885‑square‑foot duplex residence on a 0.11‑acre lot
  • Three bedrooms and three bathrooms in a two‑story layout
  • Dedicated office plus kitchen and laundry room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,761
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,220 $315.2K
Cap Rate 7%
$225,157 $225.2K
Cap Rate 9%
$175,122 $175.1K
Market Conditions
NOI Build-Up for 1,885 SF
Gross rent
$23.8K $12.60/SF
− Vacancy
−$1.2K −$0.66/SF
EGI
$22.5K $11.94/SF
− OpEx
−$6.8K −$3.58/SF
NOI
$15.8K $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%
$315,220
Cap Rate 7%
$225,157
Cap Rate 9%
$175,122

Alternative Uses

Best Use
Multifamily LT 5
$225.2K
$197.0K – $262.7K (±1% cap)
NOI $15,761 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$207.7K
$181.7K – $242.3K (±1% cap)
NOI $14,537 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$392.9K
$343.8K – $458.4K (±1% cap)
NOI $27,502 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

Demographics for 67101, KS

6,015
Population
2,793
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
99%
High-School Grad
15.2 sq mi
ZIP Area
396
Density / Sq Mi
$68,444
Median Household Income
$53,828
Median Earnings
$1,343
Median Rent
$280,100
Median Home Value

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 - Two-story duplex residence with three bedrooms, three baths, a dedicated office, and access to neighborhood recreation amenities.
Where is this duplex located?
The property is located at 5621 N Wandering Way Maize, KS.
What is the asking price?
The asking price for this property is $257,000.
What are key features of this property?
This property features: 1,885‑square‑foot duplex residence on a 0.11‑acre lot; Three bedrooms and three bathrooms in a two‑story layout; Dedicated office plus kitchen and laundry room
More about this property
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