About This Home

This -bedroom, 36-bathroom residential multi family at 103 E 7th Ave in South Hutchinson, KS is listed for $3,300,000 ($135 per sqft). Built in 1967, the home offers 24,408 sqft of living space on a N/A lot.

Key Features

  • Built in 1967
  • 2 stories

Property Details

2 stories
36 full
1967

Amenities

A/C
Listing 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 present s 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.

Monthly Cost Estimate

$17,649/mo

20% down · 6.5% · 30 years

Principal$2,387
Interest$14,300
Insurance$963

Estimates only. Actual payments may vary.

Location

103 E 7th Ave

South Hutchinson, KS 67505

Property Details

Construction

Brick Frame Vinyl Siding

Parking

On Street

Heating

Electric (Heating)

Cooling

Electric

Appliances

DisposalElectric OvenRefrigeratorSmoke/Heat/CoDetector

Questions & Answers

This null-bedroom, 36-bathroom residential multi family at 103 E 7th Ave is listed at $3,300,000 ($135/sqft). The estimated monthly payment is $17,650 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1967, 2 stories.

This property is listed by Shane Pullman.

SP

Shane Pullman

Agent at Berkshire Hathaway PenFed Realty

Listed by Berkshire Hathaway PenFed Realty · Broker phone: 3166362323 · View on Broker Site

MLS# 54353· Source: Mid-Kansas MLS· 232 days on PropertySimple

Copyright © 2026 Mid-Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

103 E 7th Ave, South Hutchinson, KS 67505

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