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Heather Stewart

[email protected] +1(316) 204-3645

Listed by Leslie Wessel • Coldwell Banker Plaza Real Estate

$ 389,500

Est. payment -/mo

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5287 N Toben Wichita, KS 67226

3 Beds

2 Baths

2,773 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,773 sqft

Price per Sqft $140

Subdivision Rock Spring

MLS Listing ID SCK672262

Style Contemporary,Ranch,Traditional,Other

Bedrooms 3

Full Baths 2

HOA Fees $16

Total Fin. Sqft 2773

Year Built 2021

Annual Tax Amount $5,990

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 11326

Property Sub-Type Duplex

Source sckansas

Property Description

Income-producing full duplex with strong in-place rents and immediate cash flow—fully leased and generating $41,400 in annual gross income with upside potential. Fully leased duplex offering a true plug-and-play investment opportunity. Currently rented at $1,725 per side, this property produces strong in-place income and offers an approximate 5.8% cap rate for buyers who choose to self-manage. Professional management is currently in place through Reliance Property Management, giving investors the flexibility to continue hands-off or increase returns through self-management. From the moment you arrive, you'll notice the impressive three car garages—an uncommon and highly desirable feature for duplex properties—along with abundant parking and a welcoming covered walkway leading to private entrances for each unit. Inside, both units feature a modern, cohesive design with luxury vinyl plank flooring and neutral finishes throughout—durable, low-maintenance, and highly appealing for long-term tenancy. Each unit offers a spacious kitchen complete with stainless steel appliances, granite countertops, and functional layouts that support everyday living and tenant retention. Granite surfaces extend into the bathrooms for a consistent, updated feel. Generous flex space and unique architectural elements throughout add character while enhancing overall rental appeal. Primary suites include private bathrooms, built-in storage, and oversized walk-in closets that stand out compared to typical duplex layouts. The attached three car garage setup not only provides exceptional storage and parking, but also features a rear roll-up garage door—creating a versatile indoor/outdoor connection and unique access to the backyard and patio space. Outdoor amenities include a covered patio and fully fenced backyard, enhancing tenant enjoyment and supporting long-term occupancy. With current rents in place and potential for future increases depending on market conditions, this property offers both immediate income and long-term upside. Low-maintenance finishes and flexible management options make this a compelling opportunity for investors seeking stable income with future upside. Showings only permitted with an accepted contract—please do not disturb tenants.

Location

State KS

County Sedgwick

Direction From Webb & 53rd St N., West (left) to Toben, South (left) to 2nd cul-de-sac on right. Home is on left side.

Rooms

Basement None

Kitchen Eating Bar, Electric Hookup, Granite Counters

Interior

Interior Features Ceiling Fan(s), Walk-In Closet(s), Window Coverings-All

Heating Forced Air, Natural Gas

Cooling Central Air, Electric

Flooring Laminate

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Range

Heat Source Forced Air, Natural Gas

Laundry Main Floor, Separate Room, 220 equipment

Exterior

Parking Features Attached, Opener, Oversized, Zero Entry

Garage Spaces 3.0

Utilities Available Sewer Available, Natural Gas Available, Public

View Y/N Yes

Roof Type Composition

Street Surface Paved Road

Building

Lot Description Cul-De-Sac, Standard

Foundation None

Above Ground Finished SqFt 2773

Architectural Style Contemporary, Ranch, Traditional, Other

Level or Stories One

Structure Type Frame,Brick Veneer

Schools

Elementary Schools Isely Traditional Magnet

Middle Schools Stucky

High Schools Heights

School District Wichita School District (Usd 259)

Others

HOA Fee Include Gen. Upkeep for Common Ar

Monthly Total Fees $16

Security Features Security Lights

NEARBY SCHOOLS & PROPERTIES

Heather Stewart

Agent | License ID: SP00049463

+1(316) 204-3645

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Wichita, KS

Heather Stewart

5287 N Toben Wichita, KS 67226

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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