400 E Sherman Ave Hutchinson, KS 67501
- Added:
- Mar 27, 2026
- Days on Market:
- 10
- Last Refresh:
- Apr 5 at 9:06 pm
Property Features for 400 E Sherman Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Basement
- Partial
- Appliances
- Electric Oven, Refrigerator, Smoke/Heat/CoDetector
- Standard status
- Active
- APN
- 1261301023011000
- Size
- 3,410 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3521
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric, Ceiling Fan(s)
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 6
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent LORI FRANK License #SP00216899 (620) 664-2742
Listing office Coldwell Banker Americana, Realtors 107 E 30th, KS (620) 663-8391
Listing date Mar 27, 2026
MLS# 54397
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.
Overview
Turnkey Multifamily Investment Opportunity
This 3,410 square foot multifamily property is a 6-unit investment opportunity located in Hutchinson, KS. The property is situated on a desirable corner lot with convenient access to shopping, dining, and major roadways. It offers immediate cash flow with a 10% cap rate. The majority of the units have been recently remodeled, offering updated interiors. This positions the property for stable occupancy and continued rental demand. Investors will appreciate the strong in-place income along with additional upside through continued rent optimization. The property is centrally located with easy access to amenities and offers value-add potential through rent growth.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Hutchinson
- County
- Reno
- State
- Kansas
- Longitude
- -97.924199
- Latitude
- 38.05248
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - High-performing 6-unit property with 10% cap rate in Hutchinson, KS.
Where is this apartment building located?
The property is located at 400 E Sherman Ave Hutchinson, KS.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: High‑Performing Investment: Generates immediate cash flow with an attractive 10% cap rate.; Recently Remodeled Units: Majority of units feature updated interiors.; Strong Rental Demand: Supports stable occupancy.
