Brick Two-Bedroom Multifamily
For Sale
$165,000
6124 E Harry St, Wichita, KS 67218
Finished lower level and bonus room expand the usable interior.
Property Size1,549 SF
Price / SF$106.52
Days on Market69
Property Features for 6124 E Harry St
General Information
Standard status
Active
Size
1,549 SF
Property subtype
Multi-Family
Building Details
Year Built
1952
Listing Agency:
Real Broker, LLC
Listed By:
Lyn Hett
(316) 350-7971
Source:
Highpointks
Added: Aug 11
Changed: Oct 14
Last Checked: Oct 7 at 4:24PM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
This all-brick multifamily property in Wichita includes 1,549 square feet with two bedrooms and one bathroom. Built in 1952, the residence also offers a full finished basement and a bonus room that add flexible interior space beyond the main living areas.
The property is currently tenant-occupied, with access arranged through the listing agent and property management. Located at 6124 E Harry St, the home may be considered alongside additional properties identified by MLS numbers 669310 and 669286 as part of a package transaction.
The property is currently tenant-occupied, with access arranged through the listing agent and property management. Located at 6124 E Harry St, the home may be considered alongside additional properties identified by MLS numbers 669310 and 669286 as part of a package transaction.
Key Highlights
- 1,549‑square‑foot multifamily property in Wichita
- Two bedrooms and one bathroom
- All‑brick construction built in 1952
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,883
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,660
$237.7K
Cap Rate 7%
$169,757
$169.8K
Cap Rate 9%
$132,033
$132.0K
Market Conditions
NOI Build-Up for 1,549 SF
Gross rent
$22.9K $14.76/SF
− Vacancy
−$1.3K −$0.81/SF
EGI
$21.6K $13.95/SF
− OpEx
−$9.7K −$6.28/SF
NOI
$11.9K $7.67/SF
Area
Wichita, KS
Vacancy
5.50%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,660
Cap Rate 7%
$169,757
Cap Rate 9%
$132,033
Alternative Uses
Best Use
Apartment 5plus
$169.8K
$148.5K – $198.1K
NOI $11,883 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$383.5K
$335.6K – $447.5K
NOI $26,848 @ 7.0% cap · market cap 16.27%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Explore this area
Business Placement
Demographics for 67218, KS
23,044
Population
11,483
Households
2
Avg Household Size
35
Median Age
25%
College-Educated
81%
High-School Grad
5.0 sq mi
ZIP Area
4,609
Density / Sq Mi
$47,905
Median Household Income
$33,750
Median Earnings
$905
Median Rent
$117,700
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 - Finished lower level and bonus room expand the usable interior.
Where is this multifamily property located?
The property is located at 6124 E Harry St Wichita, KS.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1,549‑square‑foot multifamily property in Wichita; Two bedrooms and one bathroom; All‑brick construction built in 1952
