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Fully Leased Apartment Complex

1705 E 24th Ave Hutchinson, KS 67502

1705 E 24th Ave, Hutchinson, KS, 67502
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For Sale
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10-unit apartment complex in a prime location.

Days on Market134

Property Features for 1705 E 24th Ave

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1986
Listing agency Berkshire Hathaway HomeServices PenFed Realty Wichita
Listed by Shane Pullman · License #KS SP00241192
Source Crexi
Added: Mar 10 Updated: Jul 6 at 1:23PM Checked: Jul 21 at 10:44AM

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 Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage HVAC Service Law Firm Kitchen & Bath Showroom Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center

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

FAQs

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.
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