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New Duplex with Covered Patio
For Sale
$229,900
Pending

814 N Wheatland St, Wichita, KS 67235

Residential, Wichita, KS

Property Size1,356 SF
Lot Size0.24 Acres
Days on Market63

Property Features for 814 N Wheatland St

General Information

Property type Residential
Property subtype Duplex
Property condition Under Construction
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Kitchen, Laundry Room, Bedroom 3, Bathroom 2
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
Fireplace 1
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Range
Subdivision Bridger at Central Addition - Crescent Creek
Lot features Pond/ Lake
Elementary school Explorer
Middle school Eisenhower
High school Dwight D. Eisenhower
Elementary school district Goddard School District (USD 265)
Middle school district Goddard School District (USD 265)
High school district Goddard School District (USD 265)
Directions 1/2 mile east of 135th on Central to Rainbow Lake. North to Thorton. East on Thorton to Wheatland.
Standard status Pending
APN 30028166
Size 1,356 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 4 BLOCK K BRIDGER AT CENTRAL ADDITION
Tax Annual Amount 2
HOA Fee $1,500 Annually
Legal Description LOT 4 BLOCK K BRIDGER AT CENTRAL ADDITION

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 · RE/MAX International
Listed By: Karen Hampton · License #00052101
Added: Aug 16 Changed: Oct 16 Last Checked: Oct 17 at 12:06PM
MLS# 677631

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.

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Investment Insights

Based on property information with market context.

This under-construction duplex residence presents a ranch-style layout with 3 bedrooms, 2 bathrooms, and 1,356 square feet of living area. The interior centers on an open kitchen and living room arrangement, with vaulted ceilings, an electric fireplace, quartz countertops, pantry storage, and stainless steel appliances. The primary suite includes a private bathroom with dual vanities, a walk-in shower, and a large walk-in closet. A covered front porch, covered rear patio, fenced backyard, sprinkler system, and 2-car garage extend the home’s usable features. Natural gas forced-air heating and electric central air are provided.

The property is located in the Crescent Creek community, 1/2 mile east of 135th Street on Central in Wichita. This home is positioned on the lake and includes a 14x12 covered back patio. Planned community features include a clubhouse, swimming pool, pickleball court, stocked lake, and walking paths. Lawn mowing, trash service, irrigation, and access to community amenities are included through the HOA.

Key Highlights

  • Duplex residence under construction with 3 bedrooms, 2 bathrooms, and 1,356 sq. ft.
  • 0.24‑acre lot with a lake setting in the Crescent Creek community
  • 14x12 covered back patio, covered front porch, fenced backyard, and sprinkler system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,183
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,660 $223.7K
Cap Rate 7%
$159,757 $159.8K
Cap Rate 9%
$124,256 $124.3K
Market Conditions
NOI Build-Up for 1,356 SF
Gross rent
$17.1K $12.60/SF
− Vacancy
−$1.1K −$0.82/SF
EGI
$16.0K $11.78/SF
− OpEx
−$4.8K −$3.53/SF
NOI
$11.2K $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%
$223,660
Cap Rate 7%
$159,757
Cap Rate 9%
$124,256

Alternative Uses

Best Use
Multifamily LT 5
$159.8K
$139.8K – $186.4K (±1% cap)
NOI $11,183 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$148.6K
$130.0K – $173.4K (±1% cap)
NOI $10,403 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$335.7K
$293.8K – $391.7K (±1% cap)
NOI $23,502 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Under-construction ranch duplex residence with lake setting, fenced yard, quartz kitchen, and community amenities planned.
Where is this duplex located?
The property is located at 814 N Wheatland St Wichita, KS.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Duplex residence under construction with 3 bedrooms, 2 bathrooms, and 1,356 sq. ft.; 0.24‑acre lot with a lake setting in the Crescent Creek community; 14x12 covered back patio, covered front porch, fenced backyard, and sprinkler system
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