Side-by-Side Duplex with
For Sale
$320,000
5776 Bristol Cir, Wichita, KS 67207
Built in 2022, the two-unit property combines one vacant residence with one occupied unit.
Property Size2,532 SF
Price / SF$126.38
Days on Market58
Property Features for 5776 Bristol Cir
General Information
Standard status
Active
Size
2,532 SF
Total Parking Spaces
4
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Parking per Unit
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$5,514
Building Details
Year Built
2022
Buildings
1
Stories
1
Listing Agency:
Exp Realty, LLC
(855) 414-1871
Listed By:
Virginia Franzese · License #SP00234467
(816) 778-9434
Source:
Exprealty
Added: Aug 21
Changed: Oct 11
Last Checked: Oct 16 at 11:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exp Realty, LLC
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Investment Insights
Based on property information with market context.
This single-story duplex contains two matching residences, each offering 2 bedrooms, 2 bathrooms, a private entry, and an attached 2-car garage. Together, the units provide 2,532 square feet of living area and 4 garage spaces. The property sits on a fenced, nearly half-acre lot and features brick veneer and vinyl siding beneath a composition roof.
One residence is vacant and ready for occupancy, while the second is occupied. Each unit includes central gas heat, central electric air conditioning, and appliances consisting of a dishwasher, microwave, range, and refrigerator. Public water and sewer serve the property.
Located in northeast Wichita at 5776 Bristol Cir, the duplex offers flexible ownership options supported by its separate unit entrances and individual garage access.
One residence is vacant and ready for occupancy, while the second is occupied. Each unit includes central gas heat, central electric air conditioning, and appliances consisting of a dishwasher, microwave, range, and refrigerator. Public water and sewer serve the property.
Located in northeast Wichita at 5776 Bristol Cir, the duplex offers flexible ownership options supported by its separate unit entrances and individual garage access.
Key Highlights
- Built in 2022 with 2,532 square feet of combined living area
- Two 2‑bedroom, 2‑bathroom units with private entrances
- Each side includes an attached 2‑car garage; 4 garage spaces total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,746
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,920
$414.9K
Cap Rate 7%
$296,371
$296.4K
Cap Rate 9%
$230,511
$230.5K
Market Conditions
NOI Build-Up for 2,532 SF
Gross rent
$31.0K $12.24/SF
− Vacancy
−$1.4K −$0.53/SF
EGI
$29.6K $11.71/SF
− OpEx
−$8.9K −$3.51/SF
NOI
$20.7K $8.19/SF
Area
ZIP 67207
Vacancy
4.37%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,920
Cap Rate 7%
$296,371
Cap Rate 9%
$230,511
Alternative Uses
Best Use
Multifamily LT 5
$296.4K
$259.3K – $345.8K
NOI $20,746 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$264.2K
$231.2K – $308.2K
NOI $18,493 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$546.5K
$478.2K – $637.6K
NOI $38,255 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
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Business Placement
Demographics for 67207, KS
28,143
Population
12,755
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
10.4 sq mi
ZIP Area
2,706
Density / Sq Mi
$66,400
Median Household Income
$39,070
Median Earnings
$961
Median Rent
$204,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2022, the two-unit property combines one vacant residence with one occupied unit.
Where is this duplex located?
The property is located at 5776 Bristol Cir Wichita, KS.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Built in 2022 with 2,532 square feet of combined living area; Two 2‑bedroom, 2‑bathroom units with private entrances; Each side includes an attached 2‑car garage; 4 garage spaces total
