1701 E 24th Ave Hutchinson, KS 67502
10 bed / 10 bath / 7,192 Sq. Ft. / Other
{{listPriceUS ? listPriceUS : listPriceNoSuffix}}
{{listPriceUS ? listPriceUS : listPriceNoSuffix}}
Excellent opportunity to acquire a fully leased 10-unit apartment complex in a premier location with close proximity to the Hutchinson medical corridor. This well-maintained property offers immediate cash flow with a strong, long-term rental history and consistent tenant demand. The property has been meticulously maintained, with numerous major improvements completed in recent years including new windows, siding, roof, and multiple mechanical system updates, helping minimize near-term capital expenditures for a new owner. Investors will appreciate the value-add potential, as cosmetic upgrades over time could support future rent increases and improved returns. A unique feature of the property is the six attached garage spaces with private exterior entrances, separate from the apartment units. These garages provide additional income through separate rental agreements, while tenants also contribute through a utility reimbursement structure, further supporting operational efficiency. With its prime location near major employers, stable occupancy, and additional revenue streams, this property presents a rare opportunity for both immediate income and long-term upside. Member of the selling entity is a licensed real estate broker in the State of Kansas.
property details
Type
Other
Status
Active
County
Reno
Year Built
1986
Sq. Ft.
7,192
Listing Id
54350
Courtesy Of
Shane Pullman - Berkshire Hathaway PenFed Realty +1 316 636 2323
List Office Phone
+1 (316) 721-9271
Interior Features
Beds
10
Living Area Units
Sq. Ft.
Flooring
Vinyl
Carpet
Carpet
Appliances
Dishwasher
Disposal
Electric Oven
Refrigerator
Disposal
Electric Oven
Refrigerator
Bathrooms Total
10
Exterior Features
Parking
Paved
On Street
Off Street
On Street
Off Street
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Gas Heat
Building Area Total
7,192 Sq. Ft.
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
03/20/2026
03/20/2026
|
Active |
$1,000,000
|
Mid-Kansas MLS Inc |
View More
Market Trends
Source: Constellation1
Mortgage Calculator
Estimated Mortgage Payment
Your total payment will be
{{ currency_symbol }}{{ parseInt(monthlyMortgage).formatThousands(0) }}
- Principal {{ parseInt(priciplePayment).formatThousands(0) }}
- Interest {{ parseInt(interestPayment).formatThousands(0) }}
({{ downPaymentFormatted }})
(Years)
Estimate does not reflect Property Tax, PMI or Homeowner Insurance. Mortgage Calculator provided by Berkshire Hathaway HomeServices.
