$389,500
  • 3bd
  • 2ba
  • 2,773 sqft

5287 N Toben, Wichita, KS 67226

This house listed courtesy of Coldwell Banker Plaza Real Estate. Listing Agent: Leslie Wessel

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.

  • $389,500
  • Year Built: 2021
  • Tot Bed: 3
  • Tot Baths: 2
  • Garage: 3
  • TFLA: 2,773
  • Basement: None
  • Gen Tax: $5,990.00/YR
  • Yr Spec: $2,832.00/YR
  • Virtual Tour
More features
  • Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Range
  • Architecture: Contemporary,Ranch,Traditional,Other
  • Basement: None
  • Basement Foundation: None
  • Cooling: Central Air,Electric
  • Dining Area: Eating Bar,Eating Space in Kitchen,Kitchen/Dining Combo
  • Exterior Amenities: Guttering - ALL,Sprinkler System,Zero Step Entry,Frame w/Less than 50% Mas,Brick,Brick Veneer
  • Exterior Construction:
  • Fireplace:
  • Flood Insurance: Unknown
  • Frontage: Paved Road
  • Garage: Attached,Opener,Oversized,Zero Entry
  • Heating: Forced Air,Natural Gas
  • Hoa Include: Gen. Upkeep for Common Ar
  • Interior: Ceiling Fan(s),Walk-In Closet(s),Window Coverings-All
  • Internet:
  • Kitchen: Eating Bar,Electric Hookup,Granite Counters
  • Laundry: Main Floor,Separate Room,220 equipment
  • Lot Desc: Cul-De-Sac,Standard
  • Master Bedroom: Master Bdrm on Main Level,Split Bedroom Plan,Master Bedroom Bath,Shower/Master Bedroom,Granite Counters
  • Neighborhood: Sidewalks,Greenbelt,Lake
  • Other Rooms: Foyer
  • Ownership: Trust
  • Roof: Composition
  • Utilities: Sewer Available,Natural Gas Available,Public
  • Warranty:
Schools
  • Elementary School: Isely Traditional Magnet
  • Middle School: Stucky
  • High School: Heights
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    *Amount reflects principal and interest. Monthly mortgage insurance and taxes and homeowners insurance not included.
    The data relating to real estate on this web site comes in part from the South Central Kansas MLS, and includes listings held by other brokerage firms. All information is deemed reliable, but not guaranteed, and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Crown III Realty shall be responsible for typographical errors, misinformation, misprints, and shall be held totally harmless. Listing information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.
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