5230 Cypress St Bel Aire, KS 67226
This exceptional investment opportunity presents a brand-new, two-unit duplex located at 5230-5232 Cypress Street in the desirable Bel Aire, Kansas community (zip code 67226). Built in 2023, this property boasts a total of 2,400 square feet on a 0.24-acre lot, offering a compelling price per square foot of $149.96. Each of the two units is generously sized at 1,200 square feet, featuring three bedrooms and two bathrooms. Adding to the convenience, each unit includes a two-car garage. The property is situated in the Circle School District, a highly sought-after area known for its excellent schools. The neighborhood is a newer development with plans for a future public park, enhancing the quality of life for residents. Its location offers easy access to Webb Road and Highway 254, providing convenient commutes and proximity to the growing commercial sector of Northeast Wichita. This duplex represents a strong investment opportunity in a thriving and desirable location, offering immediate rental income potential and long-term appreciation prospects. The asking price for this turnkey property is $359,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.