All-Brick Duplex Investment
741-743 S Broadview Wichita, KS 67218
741-743 S Broadview, Wichita, KS, 67218
$155,000
Pending
For Sale
$155,000
Pending
MULTI_FAMILY - Other - Wichita, KS
Property Size1,680 SF
Lot Size6,574.00 Acres
Days on Market16
Property Features for 741-743 S Broadview
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- On Street
- Appliances
- Dishwasher, Range, Refrigerator
- Standard status
- Pending
- APN
- 20173-127-26-0-13-03-01600
- Size
- 1,680 SF
- Lot size
- 6,574.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lots 387-388 fairfax add
- Tax Annual Amount
- 1413
Utilities
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1956
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
Keller Williams Hometown Partners
(316) 729-8500
429 S 119th St W, Wichita, KS
Listed by
Leanne Barney · License #00222521
(316) 807-6523
Added: Jul 2 Checked: Jul 17 at 6:06 pm
MLS# 675418
Listing URL
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 all-brick duplex includes two units located at 741 and 743 S Broadview, Wichita, KS. The property is described as having tenants in place, with an opportunity for revenue increase noted in the remarks for the unit at 741 being on a month-to-month arrangement.
For sale as a residential income property in Wichita, KS 67218 within Sedgwick County. The listing reflects a total property size of 1,680 square feet.
The duplex layout provides two separate street addresses, supporting an owner experience as a small income property with occupied units and one unit currently identified as month-to-month.
For sale as a residential income property in Wichita, KS 67218 within Sedgwick County. The listing reflects a total property size of 1,680 square feet.
The duplex layout provides two separate street addresses, supporting an owner experience as a small income property with occupied units and one unit currently identified as month-to-month.
Key Highlights
- All‑brick duplex with solid tenants
- Utilities/services include public water and natural gas heating
- Year built: 1956
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.2k | $12.60 |
| − Vacancy | −$1.4k | −$0.82 |
| EGI | $19.8k | $11.78 |
| − OpEx | −$5.9k | −$3.53 |
| NOI | $13.9k | $8.25 |
1,680 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$197.9K
$173.2K – $230.9K
NOI $13,854 @ 7.0% cap · market cap 8.94%
Second Best
Apartment 5plus
$184.1K
$161.1K – $214.8K
NOI $12,888 @ 7.0% cap · market cap 8.31%
Theoretical Best
Office A
$416.0K
$364.0K – $485.3K
NOI $29,118 @ 7.0% cap · market cap 18.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - All-brick duplex with tenants in place, including a month-to-month unit at 741 S Broadview.
Where is this duplex located?
The property is located at 741-743 S Broadview Wichita, KS.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: All‑brick duplex with solid tenants; Utilities/services include public water and natural gas heating; Year built: 1956
