Ranch Twin Home with Covered
850 S Jay St Valley Center, KS 67147
850 S Jay St, Valley Center, KS, 67147
$187,500
For Sale
$187,500
SINGLE_FAMILY - Ranch - Valley Center, KS
Property Size1,379 SF
Lot Size0.10 Acres
Price / SF$135.97
Days on Market251
Property Features for 850 S Jay St
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Property condition
- Under Construction
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Laundry Room, Bedroom 4, Dining Room, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Exterior features
- Vinyl/Aluminum
- Standard status
- Active
- APN
- 087-093-06-0-21-02-009.00
- Size
- 1,379 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2024
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Roof type
- Composition
- Architectural style
- Ranch
Listing Agency
Heritage 1st Realty
(316) 512-1300
12005 E 13th St N, Wichita, KS
Listed by
Dustin Lynam · License #00237038
(316) 259-9184
Added: Nov 10, 2025 Checked: Jul 19 at 7:06 pm
MLS# 664690
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 brand-new ranch twin home offers four bedrooms and two bathrooms with a split-bedroom floor plan. The home includes a spacious kitchen with a walk-in pantry and a separate laundry area, providing practical everyday convenience. An attached two-car garage adds parking and extra storage, and the covered back patio overlooks a peaceful water view.
Located within the Valley Center School District in Valley Center, Kansas, the property is part of a residential income/twin-home style configuration and is positioned on a small lot. It is move-in ready and presented for sale as a newly built home.
Located within the Valley Center School District in Valley Center, Kansas, the property is part of a residential income/twin-home style configuration and is positioned on a small lot. It is move-in ready and presented for sale as a newly built home.
Key Highlights
- Brand‑new 4‑bedroom, 2‑bath ranch twin home under construction (Year built: 2025)
- Split‑bedroom floor plan with a spacious kitchen and walk‑in pantry
- Separate laundry area plus dedicated laundry room
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 | $17.4k | $12.60 |
| − Vacancy | −$904 | −$0.66 |
| EGI | $16.5k | $11.94 |
| − OpEx | −$4.9k | −$3.58 |
| NOI | $11.5k | $8.36 |
1,379 SF · lease $12.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$164.7K
$144.1K – $192.2K
NOI $11,530 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$151.9K
$132.9K – $177.3K
NOI $10,635 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$287.4K
$251.5K – $335.3K
NOI $20,120 @ 7.0% cap · market cap 10.73%
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 - Brand-new four-bedroom, two-bath twin home with an attached two-car garage and covered back patio.
Where is this duplex located?
The property is located at 850 S Jay St Valley Center, KS.
What is the asking price?
The asking price for this property is $187,500.
What are key features of this property?
This property features: Brand‑new 4‑bedroom, 2‑bath ranch twin home under construction (Year built: 2025); Split‑bedroom floor plan with a spacious kitchen and walk‑in pantry; Separate laundry area plus dedicated laundry room
