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Duplex with Attached Garages
For Sale
$350,000

643 E Mulvane St, Mulvane, KS 67110

Residential Income, Mulvane, KS

Property Size2,186 SF
Lot Size0.20 Acres
Price / SF$160.11
Days on Market102

Property Features for 643 E Mulvane St

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Appliances Dishwasher, Microwave, Range, Refrigerator
Elementary school Mulvane/Munson
Middle school Mulvane
High school Mulvane
Elementary school district Mulvane School District (USD 263)
Middle school district Mulvane School District (USD 263)
High school district Mulvane School District (USD 263)
Directions From 2nd and Mulvane, go East on Mulvane St to residence
Subdivision SCKMLS
Standard status Active
APN 00306990
Size 2,186 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ALL LOTS 14 & 15 & LOT 13 EXC W 1/2 THEREOF SHAW'S ADD TO MULVANE
Tax Annual Amount 4248
Legal Description ALL LOTS 14 & 15 & LOT 13 EXC W 1/2 THEREOF SHAW'S ADD TO MULVANE

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Cooling system Electric
Water source Public

Building Details

Year built 2017
Number of units 2
Building materials Frame
Roof type Composition
Architectural style Other
Listing Agency: Heritage 1st Realty
Listed By: Justin Crafton
Added: Jul 8 Changed: Aug 19 Last Checked: Oct 17 at 10:06AM
MLS# 675618

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.

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Investment Insights

Based on property information with market context.

Built in 2017, this duplex contains 2186 square feet with two residential units. Each unit includes three bedrooms, two bathrooms, an attached two-car garage, generous living areas, granite countertops, and storage. The property may accommodate an owner-occupant seeking rental income from the second unit or an investor adding a residential income asset.

The 0.1999-acre property is located in Mulvane, Kansas, with access to schools, parks, K-15, and Rock Rd. Building features include frame construction, composition roofing, forced-air heat, electric cooling, public water, and natural gas availability. Appliances include dishwashers, microwaves, ranges, and refrigerators.

Key Highlights

  • Two‑unit duplex with 2186 square feet
  • Each unit includes 3 bedrooms, 2 bathrooms, and an attached 2‑car garage
  • Built in 2017 on a 0.1999‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,278
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,560 $365.6K
Cap Rate 7%
$261,114 $261.1K
Cap Rate 9%
$203,089 $203.1K
Market Conditions
NOI Build-Up for 2,186 SF
Gross rent
$27.5K $12.60/SF
− Vacancy
−$1.4K −$0.66/SF
EGI
$26.1K $11.94/SF
− OpEx
−$7.8K −$3.58/SF
NOI
$18.3K $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%
$365,560
Cap Rate 7%
$261,114
Cap Rate 9%
$203,089

Alternative Uses

Best Use
Multifamily LT 5
$261.1K
$228.5K – $304.6K (±1% cap)
NOI $18,278 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$240.8K
$210.7K – $281.0K (±1% cap)
NOI $16,859 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$455.6K
$398.7K – $531.6K (±1% cap)
NOI $31,894 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

Demographics for 67110, KS

8,263
Population
3,394
Households
2.4
Avg Household Size
39
Median Age
30%
College-Educated
97%
High-School Grad
54.3 sq mi
ZIP Area
152
Density / Sq Mi
$73,387
Median Household Income
$44,226
Median Earnings
$1,190
Median Rent
$179,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer matching layouts, private attached garages, and granite countertops.
Where is this duplex located?
The property is located at 643 E Mulvane St Mulvane, KS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit duplex with 2186 square feet; Each unit includes 3 bedrooms, 2 bathrooms, and an attached 2‑car garage; Built in 2017 on a 0.1999‑acre lot
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