Modern Duplex with Fenced
For Sale
$330,000
5794 E Bristol, Wichita, KS 67220
Well-maintained duplex featuring an open layout, updated finishes, private outdoor space, and a complete kitchen appliance package.
Property Size2,532 SF
Price / SF$130.33
Days on Market22
Property Features for 5794 E Bristol
General Information
Standard status
Active
Size
2,532 SF
Property subtype
Multi-Family
Amenities
patio
fenced backyard
Building Details
Year Built
2022
Listing Agency:
Exp Realty, LLC
Listed By:
Virginia Franzese · License #SP00234467
(913) 782-8857
Source:
Highpointks
Added: Aug 12
Changed: Aug 30
Last Checked: Sep 1 at 9:43PM
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
Investment Insights
Based on property information with market context.
Built in 2022, this 2,532-square-foot duplex offers a 3BD/2BA layout with an open interior configuration and contemporary finishes. Plank flooring extends throughout the property, complemented by recessed lighting and a dining area that connects to a rear walk-out patio.
The property includes a private fenced backyard and a kitchen equipped with a stove, refrigerator, and dishwasher. Located at 5794 E Bristol in Wichita, Kansas, the duplex combines a modern interior with defined outdoor space and practical residential features.
The property includes a private fenced backyard and a kitchen equipped with a stove, refrigerator, and dishwasher. Located at 5794 E Bristol in Wichita, Kansas, the duplex combines a modern interior with defined outdoor space and practical residential features.
Key Highlights
- 3BD/2BA duplex completed in 2022
- 2,532 square feet of property size
- Plank flooring throughout with no carpet
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
6.33%
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 6.33%
Second Best
Apartment 5plus
$277.5K
$242.8K – $323.7K
NOI $19,424 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$626.9K
$548.6K – $731.4K
NOI $43,885 @ 7.0% cap · market cap 13.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
271
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 - Well-maintained duplex featuring an open layout, updated finishes, private outdoor space, and a complete kitchen appliance package.
Where is this duplex located?
The property is located at 5794 E Bristol Wichita, KS.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 3BD/2BA duplex completed in 2022; 2,532 square feet of property size; Plank flooring throughout with no carpet
