Brand-New Twin Home with
5623 N Wandering Way Maize, KS 67101
5623 N Wandering Way, Maize, KS, 67101
$257,000
For Sale
$257,000
SINGLE_FAMILY - Ranch - Maize, KS
Property Size1,885 SF
Lot Size0.11 Acres
Price / SF$136.34
Days on Market223
Property Features for 5623 N Wandering Way
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 2, Kitchen, Bedroom 1, Bathroom 1, Bedroom 2, Laundry Room, Bathroom 3, Bedroom 3
- Exterior features
- Frame w/Less than 50% Mas
- Standard status
- Active
- APN
- 000000
- Size
- 1,885 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4112
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2025
- Floors in Building
- 2
- Roof type
- Composition
- Architectural style
- Ranch
Listing Agency
J Russell Communities
(316) 648-1199
2738 N Curtis, Wichita, KS
Listed by
Colby Jones
(316) 302-6141
Added: Dec 8, 2025 Checked: Jul 19 at 6:06 pm
MLS# 665748
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.
Near completion, this brand-new 3-bedroom, 3-bath twin home by Long Beach Homes includes a dedicated office space. The layout is 2 stories with an open-concept main level that’s designed for natural light, along with a modern kitchen for everyday functionality.
The upper level features the primary suite with a private bath and walk-in closet. On the main floor, the office can support work-from-home needs or flex use. The home also offers a 2-car garage.
As part of the surrounding neighborhood, residents will have full access to completed community amenities, including a pool, playground, basketball court, and pickleball court.
The upper level features the primary suite with a private bath and walk-in closet. On the main floor, the office can support work-from-home needs or flex use. The home also offers a 2-car garage.
As part of the surrounding neighborhood, residents will have full access to completed community amenities, including a pool, playground, basketball court, and pickleball court.
Key Highlights
- Brand‑new 3‑bedroom, 3‑bath twin home (ranch style) under construction, with Year Built 2025
- 2‑story floor plan with open‑concept main level plus a dedicated office space
- Primary suite on the upper level with private bath and walk‑in closet
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 | $23.8k | $12.60 |
| − Vacancy | −$1.2k | −$0.66 |
| EGI | $22.5k | $11.94 |
| − OpEx | −$6.8k | −$3.58 |
| NOI | $15.8k | $8.36 |
1,885 SF · lease $12.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$225.2K
$197.0K – $262.7K
NOI $15,761 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$207.7K
$181.7K – $242.3K
NOI $14,537 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$392.9K
$343.8K – $458.4K
NOI $27,502 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Near-completion twin home with 3 bedrooms, 3 baths, a dedicated office, and a 2-car garage.
Where is this duplex located?
The property is located at 5623 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: Brand‑new 3‑bedroom, 3‑bath twin home (ranch style) under construction, with Year Built 2025; 2‑story floor plan with open‑concept main level plus a dedicated office space; Primary suite on the upper level with private bath and walk‑in closet
