Renovated Apartment
For Sale
Contact for pricing
Pending
1645 S Hydraulic Ave, Wichita, KS 67211
Three updated buildings offer stabilized multifamily housing with full occupancy and documented tenant demand.
Property SizeContact for details
Days on Market145
Property Features for 1645 S Hydraulic Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
NAI Martens
Listed By:
Trent Garman · License #KS SP00237691
(316) 613-2447
Source:
Crexi
Added: Apr 12
Changed: Sep 2
Last Checked: Sep 2 at 9:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Martens
Investment Insights
Based on property information with market context.
This apartment property comprises 12 one-bedroom units distributed among three buildings at 1645 S Hydraulic Ave in Wichita. Interior and exterior renovations were completed in 2024, giving the asset a recently updated physical profile and reducing deferred-maintenance concerns. The units are currently 100% occupied, with a waiting list indicating additional rental demand.
The property is positioned near schools, retail, and major highways in an established Wichita rental market. Its multifamily configuration, recent renovation history, and occupied status provide a straightforward operating profile for an apartment-building buyer. The reported pro forma cap rate is 7.85%.
The property is positioned near schools, retail, and major highways in an established Wichita rental market. Its multifamily configuration, recent renovation history, and occupied status provide a straightforward operating profile for an apartment-building buyer. The reported pro forma cap rate is 7.85%.
Key Highlights
- 12 one‑bedroom apartment units across three buildings
- Interior and exterior renovations completed in 2024
- Property is currently 100% occupied
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
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Business Placement
Demographics for 67211, KS
19,721
Population
9,568
Households
2.1
Avg Household Size
35
Median Age
14%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
3,867
Density / Sq Mi
$44,003
Median Household Income
$31,335
Median Earnings
$841
Median Rent
$99,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three updated buildings offer stabilized multifamily housing with full occupancy and documented tenant demand.
Where is this apartment building located?
The property is located at 1645 S Hydraulic Ave Wichita, KS.
What are key features of this property?
This property features: 12 one‑bedroom apartment units across three buildings; Interior and exterior renovations completed in 2024; Property is currently 100% occupied
