Listing provided courtesy of Berkshire Hathaway PenFed RealtyMLS# 54351MLS Provider
  • 101 days on site
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Excellent opportunity to acquire a 12-unit apartment complex consisting of two 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 has two vacant units in the process of being 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 multifamily property represents an ideal turnkey investment opportunity for investors seeking dependable income in one of Hutchinson’s most desirable rental areas. General Partner of the selling entity is a licensed real estate broker in the State of Kansas.

Source: Mid-Kansas MLS, MLS#: 54351

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  • Property Type
    Residential Income

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 1704 E 24th Ave


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/20/2026Source: Mid-Kansas MLS Added to Database
March 20, 2026