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Half-Duplex Residential Income Property

942 N Glendale St, Wichita, KS 67208

For Sale
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Updated duplex residence with central HVAC, hard-surface flooring, and a private fenced backyard.

Property Size1,170 SF
Price / SF$1.11
Days on Market51

Property Features for 942 N Glendale St

General Information

Standard status Active
Size 1,170 SF
Property subtype Residential Income

Site & Location

Neighborhood New Day

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,466

Amenities

stainless-steel appliances
granite countertops
white cabinetry
storage space
hard-surface flooring
ceiling fans
walk-in closet with custom built-in shelving
granite-top vanity
modern black fixtures
tub/shower combination
washer and dryer hookups
recessed lighting
central heating and air
fenced backyard
Listing Agency: Superior Realty
Listed By: Basem Krichati · License KS BR00220971
Source: Exprealty
Added: Sep 21 Changed: Nov 5 Last Checked: Nov 8 at 6:53AM

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 Superior Realty

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Investment Insights

Based on property information with market context.

This 1/2 duplex at 942 N Glendale St in Wichita offers 1,170 square feet with an open living and kitchen layout, modern finishes, and hard-surface flooring throughout. The kitchen includes stainless-steel appliances, granite countertops, white cabinetry, and built-in storage. Additional interior features include spacious bedrooms, recessed lighting, ceiling fans, central heating and air, washer and dryer hookups, and a walk-in closet with custom shelving.

The bathroom is equipped with a granite-top vanity, contemporary black fixtures, and a tub/shower combination. A fenced backyard provides private outdoor space, while the property’s residential layout and updated interior support income-property use.

Key Highlights

  • 1,170 square feet in a 1/2 duplex configuration
  • Stainless‑steel appliances, granite countertops, and white kitchen cabinetry
  • Central heating and air with recessed lighting and ceiling fans

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,976
Suggested Prices Based on Cap Rates
Cap Rate 5%
$179,520 $179.5K
Cap Rate 7%
$128,229 $128.2K
Cap Rate 9%
$99,733 $99.7K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$17.3K $14.76/SF
− Vacancy
−$950 −$0.81/SF
EGI
$16.3K $13.95/SF
− OpEx
−$7.3K −$6.28/SF
NOI
$9.0K $7.67/SF
Area
Wichita, KS
Vacancy
5.50%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$179,520
Cap Rate 7%
$128,229
Cap Rate 9%
$99,733

Alternative Uses

Best Use
Apartment 5plus
$128.2K
$112.2K – $149.6K (±1% cap)
NOI $8,976 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$289.7K
$253.5K – $338.0K (±1% cap)
NOI $20,279 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

577
Businesses Nearby

Demographics for 67208, KS

17,901
Population
8,067
Households
2.2
Avg Household Size
33
Median Age
41%
College-Educated
94%
High-School Grad
5.0 sq mi
ZIP Area
3,580
Density / Sq Mi
$60,049
Median Household Income
$39,056
Median Earnings
$1,008
Median Rent
$179,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Residential income properties in Wichita, KS

$140 Jul
$142 Aug
$141 Sep
$148 Oct

Properties on Market for Residential income properties in Wichita

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Updated duplex residence with central HVAC, hard-surface flooring, and a private fenced backyard.
Where is this residential income property located?
The property is located at 942 N Glendale St Wichita, KS.
What are key features of this property?
This property features: 1,170 square feet in a 1/2 duplex configuration; Stainless‑steel appliances, granite countertops, and white kitchen cabinetry; Central heating and air with recessed lighting and ceiling fans
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