Duplex with Fenced
For Sale
$325,000
5794 E Bristol Circle, Wichita, KS 67220
Residential Income, Wichita, KS
Property Size2,532 SF
Lot Size0.34 Acres
Price / SF$128.36
Days on Market79
Property Features for 5794 E Bristol Circle
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Appliances
Dishwasher, Microwave, Range, Refrigerator
Elementary school
Isely Magnet (NH)
Middle school
Stucky
High school
Heights
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
From I-135N, take exit 11B to merge onto KS-254 E toward El Dorado. Take the Oliver Road exit and merge onto S Oliver Street. Continue on S Oliver Street, then turn left onto East 53rd Street N. Turn right onto E Bristol Street, then turn right onto E Bristol Circle. The destination, 5796 E Bristol Cir, will be on your right.
Subdivision
SCKMLS
Standard status
Active
APN
096-24-0-12-04-004.00
Size
2,532 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 28 BLOCK A BRISTOL HOLLOWS ADDITION
Tax Annual Amount
9304
Legal Description
LOT 28 BLOCK A BRISTOL HOLLOWS ADDITION
Utilities
Heating system
Natural Gas
Cooling system
Gas (Cooling)
Water source
Public
Building Details
Year built
2022
Number of units
2
Building materials
Brick Veneer, Vinyl Siding
Roof type
Composition
Architectural style
Other
Listing Agency:
Exp Realty, LLC
(855) 414-1871
Listed By:
Virginia Franzese · License #SP00234467
(816) 778-9434
Added: Jun 6
Changed: Aug 21
Last Checked: Aug 23 at 6:06AM
MLS# 674182
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.
Built in 2022, this duplex contains 2,532 square feet on a 0.34-acre lot. The interior includes an open floor plan, plank flooring throughout, recessed lighting, and a dining area connected to a rear walk-out patio. The fenced backyard adds defined outdoor space, while the kitchen is equipped with a range, refrigerator, dishwasher, and microwave.
Exterior construction combines brick veneer and vinyl siding beneath a composition roof. The property has natural gas heating, gas cooling, and public water service. Its stated configuration includes 3 bedrooms and 2 bathrooms.
Exterior construction combines brick veneer and vinyl siding beneath a composition roof. The property has natural gas heating, gas cooling, and public water service. Its stated configuration includes 3 bedrooms and 2 bathrooms.
Key Highlights
- Duplex with 2,532 square feet of building area
- Built in 2022 on a 0.34‑acre lot
- 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,881
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$417,620
$417.6K
Cap Rate 7%
$298,300
$298.3K
Cap Rate 9%
$232,011
$232.0K
Market Conditions
NOI Build-Up for 2,532 SF
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.
Gross rent
$31.9K $12.60/SF
− Vacancy
−$2.1K −$0.82/SF
EGI
$29.8K $11.78/SF
− OpEx
−$8.9K −$3.53/SF
NOI
$20.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$417,620
Cap Rate 7%
$298,300
Cap Rate 9%
$232,011
Alternative Uses
Best Use
Multifamily LT 5
$298.3K
$261.0K – $348.0K
NOI $20,881 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$277.5K
$242.8K – $323.7K
NOI $19,424 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$626.9K
$548.6K – $731.4K
NOI $43,885 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 67220, KS
14,370
Population
6,032
Households
2.4
Avg Household Size
34
Median Age
43%
College-Educated
92%
High-School Grad
7.2 sq mi
ZIP Area
1,996
Density / Sq Mi
$72,861
Median Household Income
$33,454
Median Earnings
$889
Median Rent
$193,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Open-plan interiors feature plank flooring, recessed lighting, and a rear walk-out patio.
Where is this duplex located?
The property is located at 5794 E Bristol Circle Wichita, KS.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Duplex with 2,532 square feet of building area; Built in 2022 on a 0.34‑acre lot; 3 bedrooms and 2 bathrooms
