Leased Apartment Complex with
1705 E 24th Ave, Hutchinson, KS 67502
- Added:
- Mar 9, 2026
- Days on Market:
- 69
- Last Refresh:
- May 16 at 4:06 pm
Property Features for 1705 E 24th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 10
- Rooms
- Bedroom 5, Bathroom 10, Bathroom 5, Bathroom 8, Bedroom 2, Bathroom 9, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 8, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 7, Bathroom 6, Bedroom 1, Bedroom 10, Bedroom 9, Bedroom 7, Bathroom 2
- Parking features
- Garage, Off Street, On Street
- Security features
- Security Lighting
- Basement
- Crawl Space
- Appliances
- Dishwasher, Disposal, Electric Oven, Refrigerator, Gas Water Heater, Smoke/Heat/CoDetector
- Standard status
- Active
- APN
- 1330501010010000
- Size
- 7,192 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- See legal Description 2
- Tax Annual Amount
- 12468
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 2
- Number of units
- 10
- Building materials
- Brick, Frame, Wood Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Shane Pullman (316) 640-7375
Listing office Berkshire Hathaway PenFed Realty KS (316) 636-2323
Listing date Mar 9, 2026
MLS# 54349
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.
HighLights
- Fully leased 10‑unit apartment complex providing immediate cash flow and a strong rental history.
- Premier location near the Hutchinson medical corridor, ensuring consistent tenant demand.
- Recent major improvements (new windows, siding, roof, and mechanical systems) minimize near‑term capital expenditures.
- Six attached garage spaces with private entrances provide additional income streams.
- Utility reimbursement structure enhances operational efficiency.
- Value‑add potential through cosmetic upgrades to support future rent increases.
Overview
This is an excellent opportunity to acquire a fully leased 10-unit apartment complex situated in a premier location with close proximity to the Hutchinson medical corridor. The well-maintained property offers immediate cash flow, benefiting from a strong, long-term rental history and consistent tenant demand. The property has been meticulously maintained, with numerous major improvements completed in recent years. These include new windows, siding, a new roof, and multiple mechanical system updates, helping to minimize near-term capital expenditures for a new owner. Investors will appreciate the 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. These garages provide additional income through separate rental agreements, while tenants also contribute through a utility reimbursement structure, further supporting operational efficiency. The property is 7192 square feet. With its prime location near major employers, stable occupancy, and additional revenue streams, this property presents a rare opportunity for both immediate income and long-term upside. The property is located at 1705 E 24th Ave, Hutchinson, KS 67502.
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
- -97.89364
- Latitude
- 38.080784
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully leased 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 and a strong rental history.; Premier location near the Hutchinson medical corridor, ensuring consistent tenant demand.; Recent major improvements (new windows, siding, roof, and mechanical systems) minimize near‑term capital expenditures.
