Mid-Town Duplex With Detached
206 E 9th Ave Hutchinson, KS 67501
New
206 E 9th Ave, Hutchinson, KS, 67501
$119,900
For Sale
$119,900
MULTI_FAMILY - Bungalow - Hutchinson, KS
Property Size1,450 SF
Price / SF$82.69
Days on Market4
Property Features for 206 E 9th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
- Parking features
- Off Street, Garage - Detached, On Street, Carport
- Basement
- Crawl Space, Partial
- Appliances
- Electric Oven
- Standard status
- Active
- APN
- 1211204008014010
- Size
- 1,450 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1515
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned, Natural Gas
- Cooling system
- Electric, Multi Units
- Water source
- Public
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Composition
- Architectural style
- Bungalow
Listing Agency
Align Realty, LLC
(620) 899-3438
17 S Main St, HUTCHINSON, KS
Listed by
Paul Phillips
(620) 960-3222
Added: Jul 13 Checked: Jul 16 at 7:06 pm
MLS# 55116
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.
Investment Insights
Based on property information with market context.
This mid-town duplex offers two income-producing units with separate utilities and private laundry setups. Unit A includes two bedrooms and 1.5 baths, plus a partial basement that houses laundry and a shower along with additional storage space. Unit B is a studio/one-bedroom layout with its own kitchen and bathroom. Electric and gas are metered separately for each unit, and the owner pays for water and trash, as well as lawn care.
The property includes a detached garage accessed from the alley that serves both Unit A and Unit B. Unit B also has a carport for off-street covered parking with alley access.
The duplex is described as clean and tidy, with a history of long-term rental occupancy and 100% capacity filled for years, making it a straightforward option for an owner looking to manage two separate residential units.
The property includes a detached garage accessed from the alley that serves both Unit A and Unit B. Unit B also has a carport for off-street covered parking with alley access.
The duplex is described as clean and tidy, with a history of long-term rental occupancy and 100% capacity filled for years, making it a straightforward option for an owner looking to manage two separate residential units.
Key Highlights
- Mid‑town Hutchinson duplex built in 1915 with bungalow architecture, vinyl siding, and a composition roof
- Two separate units: Unit A has 2 bedrooms and 1.5 baths with a partial basement including laundry and shower plus extra storage
- Unit B is a studio/1‑bedroom setup with its own kitchen and bathroom
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.8k | $10.20 |
| − Vacancy | −$961 | −$0.66 |
| EGI | $13.8k | $9.54 |
| − OpEx | −$4.1k | −$2.86 |
| NOI | $9.7k | $6.68 |
1,450 SF · lease $10.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$138.3K
$121.0K – $161.3K
NOI $9,680 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$128.8K
$112.7K – $150.3K
NOI $9,015 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$293.5K
$256.8K – $342.4K
NOI $20,546 @ 7.0% cap · market cap 17.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separately metered units each include laundry, with alley-access parking via detached garage and carport.
Where is this duplex located?
The property is located at 206 E 9th Ave Hutchinson, KS.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Mid‑town Hutchinson duplex built in 1915 with bungalow architecture, vinyl siding, and a composition roof; Two separate units: Unit A has 2 bedrooms and 1.5 baths with a partial basement including laundry and shower plus extra storage; Unit B is a studio/1‑bedroom setup with its own kitchen and bathroom
