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New
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103 E 7 Th Ave | Image 7

$3,300,000

For Sale

3 days ago

MLS® 669360

0 Bed

0 Bath

27120 sqft

42 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 27120 sqft
Garage No
Taxes $18,462
Days Active 2
Lot Size 
Approx. Age 1967
Avg. Price Per Sqft $121
MLS® Number 669360

Property Address: 103 E 7th Ave, South Hutchinson, KS, 67505-1049

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

Description

Exceptional opportunity to acquire a turnkey 36-unit apartment complex in South Hutchinson, Kansas, offering strong rental performance and consistent income history. Ideally located near major area employers, the property benefits from stable tenant demand and convenient access to employment centers, shopping, and services. The complex features spacious unit layouts larger than many competing properties in the area, creating strong tenant appeal and retention. Ownership has completed numerous exterior improvements including a newer roof, replacement siding, and concrete parking areas, helping reduce future capital expenses. A standout amenity is the brand-new in-ground swimming pool, providing an attractive feature for tenants and enhancing the property’s overall desirability. Operationally efficient, each pair of units on a single floor shares an HVAC system and water heater, helping simplify maintenance and mechanical servicing. The property also includes a clubhouse building that presents additional upside potential, offering the opportunity to remodel the space into a tenant amenity area such as a fitness room or community lounge, or convert it into an additional two-bedroom unit to further increase rental income. With its solid rental history, recent improvements, large unit sizes, and value-add potential, this property represents an excellent investment opportunity for both immediate cash flow and long-term appreciation.
MLS® Number669360
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1967
BasementNone
Driveway2 per Unit
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 9, 2026List Date
$3,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
103 E 7 Th Ave, South Hutchinson, KS

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