New Listing
$2,750,000
 $16,488 est/mo Sourced by Back At You

1704-1708 E 24th Ave,Hutchinson, KS 67502

Hutchinson, KS 67502

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Description

Excellent opportunity to acquire a 24-unit apartment complex consisting of four well-maintained 6-unit buildings located in the highly desirable Hutchinson Medical Corridor, offering strong rental demand driven by nearby healthcare employment and services. Each building features a well-balanced unit mix of two spacious 3-bedroom units and four 2-bedroom units, appealing to a wide range of tenants and supporting long-term occupancy. The property is 100% leased, providing investors with immediate and stable cash flow from day one. Ownership has taken great care in maintaining the property, with major exterior improvements including newer roofs, siding, and windows, along with updated concrete parking areas. Tenants also benefit from covered parking, an attractive amenity that enhances tenant retention and property value. With its prime location, strong occupancy, and proven rental history, this multi family property represents an ideal turnkey investment opportunity for investors seeking dependable income in one of Hutchinson's most desirable rental areas.

Details

MLS #681599
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1987
Days On Site2
Listing Provided ByBerkshire Hathaway PenFed Realty | Shane Pullman

Features

SQ Feet22,304
Units24
Acreage61420.00

Interior

FlooringOther

Parking

Parking Features2 per Unit, On Street, Off Street

Taxes

Property35868

Area Information

StateKS
CountyReno
CityHutchinson
Zip Code67502
School DistrictSCKMLS
School DistrictBuhler
Elementary SchoolUnion Valley
High SchoolBuhler
Listing VS Median (in 67502)
Price:
$2,750,000
low | high
Med:
$286,900
100% of Average
sqft:
22,304
low | high
Med:
1,456
100% of Average
$ / sqft:
$123
low | high
Med:
$197
9.815624375624% of Average
On site:
2
low | high
Med:
86
2.325581395349% of Average
Sourced by Back At You

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Learn More About This Property

StateKS
CountyReno
CityHutchinson
Zip Code67502
School DistrictSCKMLS
School DistrictBuhler
Elementary SchoolUnion Valley
High SchoolBuhler
Listing VS Median (in 67502)
Price:
$2,750,000
low | high
Med:
$286,900
100% of Average
sqft:
22,304
low | high
Med:
1,456
100% of Average
$ / sqft:
$123
low | high
Med:
$197
9.815624375624% of Average
On site:
2
low | high
Med:
86
2.325581395349% of Average
Sourced by Back At You
Listing Updated: November 6, 2026 at 9:04:46 PM PST