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About This Home
This 28-bedroom, 24-bathroom residential multi family at 1704 E 24th Ave in Hutchinson, KS is listed for $1,500,000 ($135 per sqft). Built in 1987, the home offers 11,152 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1987
- 2 stories
Property Details
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1704 E 24th Ave
Hutchinson, KS 67502
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 28-bedroom, 24-bathroom residential multi family at 1704 E 24th Ave is listed at $1,500,000 ($135/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
Key features include: Built in 1987, 2 stories.
This property is listed by Shane Pullman and can be reached at 3166407375 or pullman.properties@outlook.com.



