Ranch Duplex with Finished
New
For Sale
$250,000
630 N Oak Forest Ln, Derby, KS 67037
Residential, Derby, KS
Property Size2,266 SF
Lot Size0.14 Acres
Price / SF$110.33
Days on Market2
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Property Features for 630 N Oak Forest Ln
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Family Room, Bathroom 2, Bathroom 3, Bedroom 2, Kitchen, Bedroom 3, Bedroom 1, Laundry Room, Bathroom 1
Patio and Porch features
Patio
Exterior features
Sprinkler System, Frame w/Less than 50% Mas
Fireplace
1
Basement
Finished
Appliances
Dishwasher, Disposal, Refrigerator
Subdivision
TANGLEWOOD
Lot features
Corner Lot
Elementary school
Tanglewood
Middle school
Derby
High school
Derby
Elementary school district
Derby School District (USD 260)
Middle school district
Derby School District (USD 260)
High school district
Derby School District (USD 260)
Directions
South on Rock Rd, West on Madison Ave, North on N Oak Forest Ln, House at the end of the street on the East Side
Standard status
Active
APN
087-233-06-0-43-04-003.00-
Size
2,266 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2714
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air
Amenities
finished screened-in patio/den
full finished basement
Building Details
Year built
1978
Floors in Building
1
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Heritage 1st Realty
(316) 512-1300
Listed By:
Crystal Torres · License #00240396
(620) 639-1700
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 1:06PM
MLS# 680491
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.
This ranch-style duplex property has 2,266 square feet of living space, with three bedrooms and three bathrooms. The finished basement expands the interior, while a finished screened patio provides an additional enclosed area. The home was built in 1978 and includes an attached two-car garage.
The property occupies a 0.1449-acre corner lot in Derby. Recent interior updates include new paint and flooring. Other features include a fireplace, central air, forced-air heating, a sprinkler system, and natural gas availability.
The property occupies a 0.1449-acre corner lot in Derby. Recent interior updates include new paint and flooring. Other features include a fireplace, central air, forced-air heating, a sprinkler system, and natural gas availability.
Key Highlights
- 2,266 square feet with 3 bedrooms and 3 bathrooms
- Finished basement and screened patio
- Attached 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,947
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,940
$378.9K
Cap Rate 7%
$270,671
$270.7K
Cap Rate 9%
$210,522
$210.5K
Market Conditions
NOI Build-Up for 2,266 SF
Gross rent
$28.6K $12.60/SF
− Vacancy
−$1.5K −$0.66/SF
EGI
$27.1K $11.94/SF
− OpEx
−$8.1K −$3.58/SF
NOI
$18.9K $8.36/SF
Area
Sedgwick County, KS
Vacancy
5.20%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,940
Cap Rate 7%
$270,671
Cap Rate 9%
$210,522
Alternative Uses
Best Use
Multifamily LT 5
$270.7K
$236.8K – $315.8K
NOI $18,947 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$249.7K
$218.5K – $291.3K
NOI $17,476 @ 7.0% cap · market cap 6.99%
Theoretical Best
Office A
$472.3K
$413.3K – $551.0K
NOI $33,061 @ 7.0% cap · market cap 13.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
Business Placement
Demographics for 67037, KS
30,005
Population
12,680
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
96%
High-School Grad
53.6 sq mi
ZIP Area
560
Density / Sq Mi
$84,666
Median Household Income
$46,305
Median Earnings
$1,085
Median Rent
$227,200
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 - A screened patio and completed lower level add flexible indoor space.
Where is this duplex located?
The property is located at 630 N Oak Forest Ln Derby, KS.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,266 square feet with 3 bedrooms and 3 bathrooms; Finished basement and screened patio; Attached 2‑car garage
