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    3420 Sunflower Dr Derby, KS 67037

    For Sale
    $359,000

    KS Duplex - 2 Units, $359K, High ROI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Class A duplex, built in 2020, presents a compelling investment opportunity in the thriving Derby, Kansas market – a desirable Wichita suburb. Located at 3420 Sunflower Dr, 67037, this property boasts two units on a spacious 9,911 square foot lot. The efficient floor plans feature vaulted ceilings and granite countertops throughout, enhancing both aesthetic appeal and functionality. One unit is currently rented at $1,395 per month, significantly offsetting property expenses. The other unit is vacant, allowing the new owner flexibility to either rent it out or occupy it personally. The property includes two parking spaces. The HOA conveniently handles lawn care, minimizing maintenance responsibilities. This stabilized investment is situated near major employers, convenient highway access, and highly-rated schools, ensuring strong rental demand and long-term value. The Sedgwick County location and APN 30005743 further identify this attractive property. This turnkey investment is ready for immediate income generation. The property's excellent condition and desirable location make it an ideal addition to any investment portfolio.

    Property Features for 3420 Sunflower Dr

    General Information

    Property type
    Multifamily properties
    Class
    A

    Building Details

    Year Built
    2020
    Stories
    1
    Units
    2

    HighLights

    • $359,000 asking price for a stabilized Class A duplex.
    • Two‑unit, 2020‑built duplex in Derby, Kansas.
    • Located in Sedgwick County, KS, at 3420 Sunflower Dr, 67037.
    • Features 9,911 sq ft lot, 2 parking spaces, and one unit currently rented for $1395/month.
    • HOA handles lawn care.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Kitchen & Bath Storage Facility Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.296146628787
    Latitude
    37.578433241927

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      Derby Duplex: Turnkey Investment Opportunity

      2016-built duplex in Derby, KS. Fully leased, income-generating property.
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    FAQs

    What type of property is this?
    Multifamily property - KS Duplex - 2 Units, $359K, High ROI
    Where is this multifamily property located?
    The property is located at 3420 Sunflower Dr Derby, KS.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: $359,000 asking price for a stabilized Class A duplex.; Two-unit, 2020-built duplex in Derby, Kansas.; Located in Sedgwick County, KS, at 3420 Sunflower Dr, 67037.
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    3420 Sunflower Dr Derby, KS 67037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3420 Sunflower Dr Derby, KS 67037
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