Multifamily Duplex with Open
For Sale
$320,000
5794 Bristol Cir, Wichita, KS 67207
Plank flooring, recessed lighting, and a rear patio complement the residence’s open interior.
Property Size2,532 SF
Price / SF$126.38
Days on Market134
Property Features for 5794 Bristol Cir
General Information
Standard status
Active
Size
2,532 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$5,466
Amenities
patio
fenced backyard
stove
refrigerator
dishwasher
Listing Agency:
Exp Realty, LLC
(855) 414-1871
Listed By:
Virginia Franzese · License #SP00234467
(816) 778-9434
Source:
Exprealty
Added: Jun 6
Changed: Oct 11
Last Checked: Oct 16 at 10:34AM
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 2,532-square-foot duplex features an open floor plan, plank flooring throughout, and recessed lighting. The dining area connects to a rear walk-out patio, with a fenced backyard beyond. The kitchen includes a stove, refrigerator, and dishwasher.
Located in Wichita, Kansas, the property is identified as a three-bedroom, two-bath residence.
Located in Wichita, Kansas, the property is identified as a three-bedroom, two-bath residence.
Key Highlights
- 2,532‑square‑foot multifamily duplex
- Open floor plan with plank flooring throughout
- Dining area connects to a rear walk‑out patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,493
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,860
$369.9K
Cap Rate 7%
$264,186
$264.2K
Cap Rate 9%
$205,478
$205.5K
Market Conditions
NOI Build-Up for 2,532 SF
Gross rent
$35.2K $13.92/SF
− Vacancy
−$1.6K −$0.64/SF
EGI
$33.6K $13.28/SF
− OpEx
−$15.1K −$5.98/SF
NOI
$18.5K $7.30/SF
Area
ZIP 67207
Vacancy
4.60%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,860
Cap Rate 7%
$264,186
Cap Rate 9%
$205,478
Alternative Uses
Best Use
Apartment 5plus
$264.2K
$231.2K – $308.2K
NOI $18,493 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
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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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
Explore this area
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?
Multifamily property - Plank flooring, recessed lighting, and a rear patio complement the residence’s open interior.
Where is this multifamily property located?
The property is located at 5794 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: 2,532‑square‑foot multifamily duplex; Open floor plan with plank flooring throughout; Dining area connects to a rear walk‑out patio
