New Duplex with Covered
For Sale
$497,800
802 N Wheatland St Unti 100, Wichita, KS 67235
Two attached residences offer three-bedroom layouts, private fenced yards, garages, and contemporary interior finishes.
Property Size2,960 SF
Price / SF$168.18
Days on Market50
Property Features for 802 N Wheatland St Unti 100
General Information
Standard status
Active
Size
2,960 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
HOA Fee
$125
Amenities
private side patio
covered back patio
fully fenced and landscaped yard
Building Details
Year Built
2026
Buildings
1
Listing Agency:
RE/MAX Premier
Listed By:
Karen Hampton · License #00052101
(316) 641-9442
Source:
Highpointks
Added: Aug 30
Changed: Oct 8
Last Checked: Oct 7 at 4:34PM
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
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Investment Insights
Based on property information with market context.
This 2026-built duplex presents two matching residences, each offering 1,470 square feet with three bedrooms, two bathrooms, and a two-car garage. Interior details include vaulted living-room ceilings, a decorative beam, LVP flooring, quartz kitchen countertops, a spacious eating bar, walk-in pantry, and stainless steel appliances. Each unit also includes a primary suite with a walk-in closet and double-vanity bath. Outdoor features include a private side patio, a 12x14 covered rear patio, and an individually fenced and landscaped yard.
The property is in Wichita’s Crescent Creek community, just east of 135th Street off Central. Planned community features include a clubhouse with basement space, swimming pool, pickleball court, stocked lake, and walking paths. Multiple floor plans are available, and the photographs are representative of a similar residence using the same plan.
The property is in Wichita’s Crescent Creek community, just east of 135th Street off Central. Planned community features include a clubhouse with basement space, swimming pool, pickleball court, stocked lake, and walking paths. Multiple floor plans are available, and the photographs are representative of a similar residence using the same plan.
Key Highlights
- Two‑unit duplex with 1,470 square feet on each side
- Three bedrooms, two bathrooms, and a two‑car garage per unit
- 12x14 covered rear patio plus private side patio for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,410
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,200
$488.2K
Cap Rate 7%
$348,714
$348.7K
Cap Rate 9%
$271,222
$271.2K
Market Conditions
NOI Build-Up for 2,960 SF
Gross rent
$37.3K $12.60/SF
− Vacancy
−$2.4K −$0.82/SF
EGI
$34.9K $11.78/SF
− OpEx
−$10.5K −$3.53/SF
NOI
$24.4K $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%
$488,200
Cap Rate 7%
$348,714
Cap Rate 9%
$271,222
Alternative Uses
Best Use
Multifamily LT 5
$348.7K
$305.1K – $406.8K
NOI $24,410 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$324.4K
$283.9K – $378.5K
NOI $22,708 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$732.9K
$641.3K – $855.1K
NOI $51,303 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two attached residences offer three-bedroom layouts, private fenced yards, garages, and contemporary interior finishes.
Where is this duplex located?
The property is located at 802 N Wheatland St Unti 100 Wichita, KS.
What is the asking price?
The asking price for this property is $497,800.
What are key features of this property?
This property features: Two‑unit duplex with 1,470 square feet on each side; Three bedrooms, two bathrooms, and a two‑car garage per unit; 12x14 covered rear patio plus private side patio for each residence
