Two-Unit Duplex with Covered
6837-6839 W Kollmeyer, Wichita, KS 67205
For Sale
$375,000
Each residence offers a three-bedroom layout, contemporary finishes, and a fenced backyard.
Property Size2,354 SF
Price / SF$159.30
Days on Market203
Property Features for 6837-6839 W Kollmeyer
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Highway Access
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
Russell Real Resources LLC
(316) 516-7417
Listed By:
Bree Russell · License KS BRSP00218596
Source:
Albright-realty
Added: Apr 22
Changed: Nov 8
Last Checked: Nov 9 at 3:13PM
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 Russell Real Resources LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2023, this 2,354-square-foot duplex contains two residences, each with three bedrooms, two full bathrooms, and a two-car garage. Interiors feature LVP flooring, granite countertops in the kitchen and bathrooms, a walk-in pantry, and 9-foot ceilings. Both homes also have covered patios and fenced backyards. HOA services include lawn care, mowing, sprinkler maintenance, and well water; residents pay their own utilities and trash costs.
The property is in Northwest Wichita, within the Maize High School District, with access to K96 Highway. One side is designated for owner occupancy in November 2026, while the other is leased for a year. The duplex may also be sold as part of a package.
The property is in Northwest Wichita, within the Maize High School District, with access to K96 Highway. One side is designated for owner occupancy in November 2026, while the other is leased for a year. The duplex may also be sold as part of a package.
Key Highlights
- 2,354 square feet; built in 2023
- Two residences, each with 3 bedrooms and 2 full bathrooms
- Each side includes a 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,683
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,660
$393.7K
Cap Rate 7%
$281,186
$281.2K
Cap Rate 9%
$218,700
$218.7K
Market Conditions
NOI Build-Up for 2,354 SF
Gross rent
$29.7K $12.60/SF
− Vacancy
−$1.5K −$0.66/SF
EGI
$28.1K $11.94/SF
− OpEx
−$8.4K −$3.58/SF
NOI
$19.7K $8.36/SF
Area
ZIP 67205
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%
$393,660
Cap Rate 7%
$281,186
Cap Rate 9%
$218,700
Alternative Uses
Best Use
Multifamily LT 5
$281.2K
$246.0K – $328.1K
NOI $19,683 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$259.3K
$226.9K – $302.6K
NOI $18,154 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$499.7K
$437.3K – $583.0K
NOI $34,982 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Explore this area
Business Placement
Demographics for 67205, KS
20,461
Population
7,467
Households
2.7
Avg Household Size
40
Median Age
50%
College-Educated
98%
High-School Grad
16.9 sq mi
ZIP Area
1,211
Density / Sq Mi
$120,630
Median Household Income
$65,457
Median Earnings
$1,237
Median Rent
$314,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Wichita, KS
Properties on Market for Duplexes in Wichita
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers a three-bedroom layout, contemporary finishes, and a fenced backyard.
Where is this duplex located?
The property is located at 6837-6839 W Kollmeyer Wichita, KS.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,354 square feet; built in 2023; Two residences, each with 3 bedrooms and 2 full bathrooms; Each side includes a 2‑car garage
