New Construction Duplex with
For Sale
$499,800
761 N Wheatland St Suite 100, Wichita, KS 67235
Two-unit residential property with contemporary finishes, private outdoor space, and access to planned community amenities.
Property Size2,912 SF
Price / SF$171.63
Days on Market49
Property Features for 761 N Wheatland St Suite 100
General Information
Standard status
Active
Size
2,912 SF
Property subtype
Multi-Family
Building Details
Year Built
2026
Listing Agency:
RE/MAX Premier
Listed By:
Karen Hampton · License #00052101
(316) 641-9442
Source:
Highpointks
Added: Aug 22
Changed: Sep 9
Last Checked: Oct 7 at 3:33PM
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 RE/MAX Premier
Investment Insights
Based on property information with market context.
This 2026-built duplex contains two residences totaling 2,912 square feet. Each unit offers three bedrooms, two bathrooms, a two-car garage, a vaulted living room with a decorative beam, and LVT flooring. Kitchens include white quartz countertops, stainless steel appliances, a pantry, and a substantial eating bar. Primary suites feature walk-in closets and bathrooms with double vanities and quartz counters.
Both residences include fully fenced, landscaped yards and rear patios. The property is located at 761 N Wheatland St Suite 100 in Wichita, Kansas, within the Crescent Creek community, east of 135th Street near Central. Planned community amenities include a clubhouse with basement, pool, stocked lake, and walking paths. The HOA is also described as handling mowing, trash, irrigation, and community amenities.
Both residences include fully fenced, landscaped yards and rear patios. The property is located at 761 N Wheatland St Suite 100 in Wichita, Kansas, within the Crescent Creek community, east of 135th Street near Central. Planned community amenities include a clubhouse with basement, pool, stocked lake, and walking paths. The HOA is also described as handling mowing, trash, irrigation, and community amenities.
Key Highlights
- 2026‑built duplex with 2,912 SF total
- Each unit includes 3 bedrooms, 2 bathrooms, and a 2‑car garage
- White quartz kitchen counters with stainless steel appliances and pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,014
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,280
$480.3K
Cap Rate 7%
$343,057
$343.1K
Cap Rate 9%
$266,822
$266.8K
Market Conditions
NOI Build-Up for 2,912 SF
Gross rent
$36.7K $12.60/SF
− Vacancy
−$2.4K −$0.82/SF
EGI
$34.3K $11.78/SF
− OpEx
−$10.3K −$3.53/SF
NOI
$24.0K $8.25/SF
Area
Wichita, KS
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,280
Cap Rate 7%
$343,057
Cap Rate 9%
$266,822
Alternative Uses
Best Use
Multifamily LT 5
$343.1K
$300.2K – $400.2K
NOI $24,014 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$319.1K
$279.2K – $372.3K
NOI $22,339 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$721.0K
$630.9K – $841.2K
NOI $50,471 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 67235, KS
14,824
Population
5,311
Households
2.8
Avg Household Size
38
Median Age
45%
College-Educated
98%
High-School Grad
10.8 sq mi
ZIP Area
1,373
Density / Sq Mi
$112,500
Median Household Income
$51,333
Median Earnings
$1,541
Median Rent
$298,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with contemporary finishes, private outdoor space, and access to planned community amenities.
Where is this duplex located?
The property is located at 761 N Wheatland St Suite 100 Wichita, KS.
What is the asking price?
The asking price for this property is $499,800.
What are key features of this property?
This property features: 2026‑built duplex with 2,912 SF total; Each unit includes 3 bedrooms, 2 bathrooms, and a 2‑car garage; White quartz kitchen counters with stainless steel appliances and pantry
