Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2705 Nottingham Dr Hutchinson, KS 67502

    Sponsored
    For Sale
    Under Contract
    $265,000

    MULTI_FAMILY - Ranch - Hutchinson, KS

    Type:Single Family Residence
    Property size:
    2,890 SF
    Days on Market:
    3
    Last Refresh:
    Jan 30 at 11:06 am

    Property Features for 2705 Nottingham Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active Under Contract
    Rooms
    Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 2
    Bedrooms
    4
    Bathrooms
    4
    APN
    1210202008012000
    Parking features
    Garage, On Street
    Basement
    Concrete, Full, Finished
    Appliances
    Gas Water Heater
    Size
    2,890 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1980
    Number of units
    2
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Ranch

    We can help!

    Listing Contact
    VALERIE N PRYOR
    VALERIE N PRYOR

    Astle Realty Inc. (620) 662-0576

    Listing agent VALERIE N PRYOR (620) 662-0576

    Listing date Jan 28, 2026

    MLS# 53326 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Fully Occupied Duplex Investment

    This is a solid investment opportunity featuring a fully occupied, all-brick duplex. Each of the two units includes 2 bedrooms and 2 bathrooms, with a primary suite that features a walk-in shower. The functional layouts include main floor laundry, a galley kitchen with dining area, and a comfortable living room. Finished basements offer family or recreational space along with generous storage areas. Each unit also has an attached single-car garage and a private patio. Underground sprinklers on a timer help maintain the low-maintenance and attractive exterior. Both units have been well cared for and are currently leased to long-term tenants, making this a turnkey addition to any rental portfolio. The two units mirror each other and are located in Hutchinson, Kansas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Hair Salon Building Supply Auto Repair Shop Daycare Center Kitchen & Bath Department Store HVAC Service Computer & Electronic Repair Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hutchinson
    County
    Reno
    State
    Kansas
    Longitude
    -97.95554
    Latitude
    38.083614

    Nearby Similar for Sale

    • $475,000
      1.58 Acres

      Charming Restaurant and Bakery Opportunity

      Family-owned restaurant and bakery with loyal customer base near Hutchinson.
      6803 Hwy W, Hutchinson, KS 67501
      View Details
    • Contact for pricing
      8,315 SF

      Sierra Square Multifamily Investment Opportunity

      14-unit apartment complex in Hutchinson, Kansas, 100% occupied.
      3007 Sierra Pkwy, Hutchinson, KS 67502
      View Details
    • Contact for pricing
      19,846 SF

      Hutchinson Multifamily Investment Opportunity

      28-unit apartment complex in Hutchinson, Kansas, 100% occupied.
      401 Avenue A E, Hutchinson, KS 67501
      View Details
    • Contact for pricing
      8,368 SF

      Sierra Way Apartments Investment Opportunity

      100% occupied 8-unit multifamily property in Hutchinson, Kansas.
      3102 Pawnee Dr, Hutchinson, KS 67502
      View Details
    • $175,000
      0.27 Acres

      Hutchinson Office Building on Corner Lot

      Well-maintained office building on a high-visibility corner lot.
      111 E 30Th Ave, Hutchinson, KS 67502
      View Details
    • $124,900
      1,624 SF

      Rented Investment Property in Hutchinson

      Fully rented triplex with recent updates in Hutchinson, Kansas.
      620 W 13Th Ave, Hutchinson, KS 67501
      View Details
    • New
      $399,900
      0.17 Acres

      Downtown Hutchinson Salon & Boutique

      Turn-key salon and boutique in growing downtown Hutchinson.
      16 S Main St, Hutchinson, KS 67501
      View Details
    • $195,000
      2,072 SF

      Hutchinson Income Property Near Downtown

      Four-unit income property near HMS 7 and downtown Hutchinson, Kansas.
      109 S Maple St, Hutchinson, KS 67501
      View Details
    • $409,900
      4,160 SF

      Hutchinson Cottage-Style Apartment Complex

      Eight-unit cottage-style apartment complex in Hutchinson, Kansas.
      213 E 1St Ave, Hutchinson, KS 67501
      View Details
    • $300,000

      Hutchinson Commercial Property with Warehouse

      60-unit commercial property with warehouse, currently 99% occupied.
      103 Avenue W, Hutchinson, KS 67501
      View Details
    • $1,400,000
      10.40 Acres

      Commercial Truck Wash Facility

      State-of-the-art truck wash facility in Hutchinson, Kansas.
      1701 E Blanchard Ave, Hutchinson, KS 67501
      View Details
    • $337,500
      3,456 SF

      Updated Quad-Plex Investment Opportunity

      Updated quad-plex in Hutchinson, all units currently rented.
      1220 N Washington St, Hutchinson, KS 67501
      View Details

    FAQs

    What type of property is this?
    Duplex - All-brick duplex with long-term tenants in Hutchinson, Kansas.
    Where is this duplex located?
    The property is located at 2705 Nottingham Dr Hutchinson, KS.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Fully occupied duplex providing immediate rental income.; - Each unit features 2 bedrooms and 2 bathrooms, including a primary suite.; - Finished basements offer additional family/recreational space and storage.
    (620) 662-0576
    Request Owner's contact information
    2705 Nottingham Dr Hutchinson, KS 67502
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2705 Nottingham Dr
    Hutchinson, KS 67502
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2705 Nottingham Dr Hutchinson, KS 67502
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    VALERIE N PRYOR
    VALERIE N PRYOR
    Real Estate License ID: SP00226398
    (620) 662-0576
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.