New Duplex with Covered
761 N Wheatland St Wichita, KS 67235
761 N Wheatland St, Wichita, KS, 67235
$249,900
For Sale
$249,900
SINGLE_FAMILY - Ranch - Wichita, KS
Property Size1,456 SF
Lot Size0.30 Acres
Price / SF$171.63
Days on Market16
Property Features for 761 N Wheatland St
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Laundry Room, Bedroom 3, Kitchen
- Window features
- Storm Window(s)
- Interior features
- Ceiling Fan(s), Walk-In Closet(s), Vaulted Ceiling(s), Window Coverings-All
- Exterior features
- Guttering - ALL, Sprinkler System, Zero Step Entry, Frame w/Less than 50% Mas
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator, Range
- Standard status
- Active
- APN
- 30028043
- Size
- 1,456 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 16 Block D Bridger at Central Addition
- Tax Annual Amount
- 2
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Roof type
- Composition
- Architectural style
- Ranch
Listing Agency
RE/MAX Premier
(316) 773-2707
2243 N Ridge Rd. Ste. 105, Wichita, KS
Listed by
Karen Hampton · License #00052101
(316) 641-9442
Added: Jul 4 Checked: Jul 19 at 9:06 am
MLS# 675503
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.
Newly built duplexes in the “Crescent Creek” community, with each unit offering an updated 3-bedroom, 2-bath layout and a 2-car garage. Interiors include LVT flooring throughout, vaulted ceilings and a custom beam in the living room, and a kitchen with white quartz counters and stainless steel appliances including a dishwasher, microwave, stove, and refrigerator. Each unit also includes a pantry and a large eating bar, plus a primary suite with a walk-in closet and a double vanity bath with quartz counters. Outside, the property provides a fully fenced and landscaped yard and a covered patio at the rear. The exterior combines brick front with Smart lap siding.
The duplexes are located just east of 135th Street off Central in Wichita, KS. As part of the community, residents will have access to a future clubhouse with a basement that is planned to include a pool, a stocked lake, and walking paths.
HOA covers mowing, trash, irrigation, and community amenities for an estimated $125 per month. General and special taxes have not been fully assessed yet, and lot size is currently based on two units with lot and taxes to be split accordingly at closing.
The duplexes are located just east of 135th Street off Central in Wichita, KS. As part of the community, residents will have access to a future clubhouse with a basement that is planned to include a pool, a stocked lake, and walking paths.
HOA covers mowing, trash, irrigation, and community amenities for an estimated $125 per month. General and special taxes have not been fully assessed yet, and lot size is currently based on two units with lot and taxes to be split accordingly at closing.
Key Highlights
- Newly built duplexes (under construction), ranch style, planned for 2026 with each unit offering 3 beds and 2 baths
- Each unit includes a 2‑car garage and about 1,456 sq. ft. of living space
- Interior features include vaulted ceilings, LVT flooring, walk‑in closets, and window coverings
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 | $18.3k | $12.60 |
| − Vacancy | −$1.2k | −$0.82 |
| EGI | $17.2k | $11.78 |
| − OpEx | −$5.1k | −$3.53 |
| NOI | $12.0k | $8.25 |
1,456 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$171.5K
$150.1K – $200.1K
NOI $12,007 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$159.6K
$139.6K – $186.2K
NOI $11,170 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$360.5K
$315.5K – $420.6K
NOI $25,236 @ 7.0% cap · market cap 10.10%
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 - Newly built duplex features 3 bedrooms, 2 baths per unit, LVT flooring, and a covered back patio.
Where is this duplex located?
The property is located at 761 N Wheatland St Wichita, KS.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Newly built duplexes (under construction), ranch style, planned for 2026 with each unit offering 3 beds and 2 baths; Each unit includes a 2‑car garage and about 1,456 sq. ft. of living space; Interior features include vaulted ceilings, LVT flooring, walk‑in closets, and window coverings
