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About This Home
This 0-bedroom, 0-bathroom residential multi family at 535 S Hunter in Wichita, KS is listed for $123,000 ($53 per sqft). Built in 1949, the home offers 2,340 sqft of living space on a 10969.00 acres lot.
This 4-unit property features four 1-bedroom, 1-bath units and presents an excellent opportunity for investors looking to build equity through renovation in East Wichita. The property was previously used for storage but can easily be converted back to living spaces.
All four units require interior and a little exterior remodeling, creating a prime sweat equity opportunity for investors looking to force appreciation. The property includes a brand-new roof installed in 2025, eliminating one of the largest capital expenses.
Projected Rent: $750 per unit; Gross Monthly Potential: $3,000; Annual Gross Potential: $36,000; ARV Appraised at: $220,000. With renovations completed, this property offers strong upside and cash flow potential. Ideal for: BRRRR strategy, Long-term buy-and-hold, Portfolio expansion, Investor looking to create equity.
Bring your contractor and vision - this is a high-upside opportunity. Property is offered in its present 'as-is' condition. Seller will make no repairs, improvements, or concessions related to property condition.
Key Features
- Built in 1949
- 10969.00 acre lot
- 4 parking spaces
Property Details
Monthly Cost Estimate
$658/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
535 S Hunter
Wichita, KS 67207
EASTRIDGE
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 535 S Hunter is listed at $123,000 ($53/sqft). The estimated monthly payment is $533 based on 20% down at 6.5% interest.
Key features include: Built in 1949, 10969.00 acre lot, 4 parking spaces.
This property is listed by Jeffrey Schnell and can be reached at 3162063158 or jeff@dwellwichita.com.
