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Listed price in listed location currency (USD).
$1,000,000

006

MLS® 669377

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7192 sqft
Garage No
Taxes $11,508
Days Active 0
Lot Size 
Approx. Age 1986
Avg. Price Per Sqft $139
MLS® Number 669377

Property Address: 1705 E 24th Ave, Hutchinson, KS, 67502-1188

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to acquire a fully leased 10-unit apartment complex in a premier location with close proximity to the Hutchinson medical corridor. This well-maintained property offers immediate cash flow with a strong, long-term rental history and consistent tenant demand. The property has been meticulously maintained, with numerous major improvements completed in recent years including new windows, siding, roof, and multiple mechanical system updates, helping minimize near-term capital expenditures for a new owner. Investors will appreciate the value-add potential, as cosmetic upgrades over time could support future rent increases and improved returns. A unique feature of the property is the six attached garage spaces with private exterior entrances, separate from the apartment units. These garages provide additional income through separate rental agreements, while tenants also contribute through a utility reimbursement structure, further supporting operational efficiency. With its prime location near major employers, stable occupancy, and additional revenue streams, this property presents a rare opportunity for both immediate income and long-term upside.
MLS® Number669377
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1986
BasementNone
Driveway2 per Unit, Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 9, 2026List Date
$1,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
1705 E 24 Th Ave, Hutchinson, KS

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