Fully Leased Apartment
For Sale
Contact for pricing
1705 E 24th Ave, Hutchinson, KS 67502
10-unit apartment complex in a prime location.
Property SizeContact for details
Days on Market183
Property Features for 1705 E 24th Ave
General Information
Standard status
Active
Class
C
Property subtype
Multifamily
Building Details
Year Built
1986
Stories
2
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty Wichita
Listed By:
Shane Pullman · License #KS SP00241192
Source:
Crexi
Added: Mar 10
Changed: Sep 3
Last Checked: Sep 8 at 5:28AM
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 Berkshire Hathaway HomeServices PenFed Realty Wichita
Investment Insights
Based on property information with market context.
This is a fully leased 10-unit apartment complex situated in a premier location, offering close proximity to the Hutchinson medical corridor. The well-maintained property has a strong, long-term rental history and consistent tenant demand, providing immediate cash flow. There is 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. The property is near major employers, has stable occupancy, and additional revenue streams.
Key Highlights
- Fully leased 10‑unit apartment complex providing immediate cash flow.
- Premier location near the Hutchinson medical corridor, ensuring consistent tenant demand.
- Six attached garage spaces with private exterior entrances, offering additional revenue potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
695
Businesses Nearby
Explore this area
Business Placement
Demographics for 67502, KS
23,770
Population
10,868
Households
2.2
Avg Household Size
46
Median Age
30%
College-Educated
96%
High-School Grad
73.3 sq mi
ZIP Area
324
Density / Sq Mi
$73,192
Median Household Income
$42,541
Median Earnings
$919
Median Rent
$178,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 10-unit apartment complex in a prime location.
Where is this apartment building located?
The property is located at 1705 E 24th Ave Hutchinson, KS.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Fully leased 10‑unit apartment complex providing immediate cash flow.; Premier location near the Hutchinson medical corridor, ensuring consistent tenant demand.; Six attached garage spaces with private exterior entrances, offering additional revenue potential.
