Ranch-Style Duplex with
541 E Avenue A, Hutchinson, KS 67501
For Sale
$489,800
Residential Income, Hutchinson, KS
Property Size3,470 SF
Price / SF$141.15
Days on Market47
Property Features for 541 E Avenue A
General Information
Property type
Property subtype
Property condition
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Basement
Lot features
Elementary school district
Subdivision
Standard status
APN
Size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
walk-in closets
walk-in pantry/storage area
underground sprinkler system
Building Details
Year built
Number of units
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Reign Real Estate
(620) 281-1800
Listed By:
Jessica Schmidt · License KS BR00236960
(620) 664-8298
Added: Sep 25
Changed: Nov 6
Last Checked: Nov 10 at 5:06AM
MLS# 55585
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This ranch-style duplex contains two residences, each with two bedrooms, two bathrooms, approximately 1,735 square feet, and a two-car garage. Both units include walk-in closets and a walk-in pantry or storage area. Entry is at ground level from the rear of the property.
The property is in one of Hutchinson’s historic districts. Utility meters are separate, and underground sprinklers draw from separate irrigation wells; new sod is in place.
The property is in one of Hutchinson’s historic districts. Utility meters are separate, and underground sprinklers draw from separate irrigation wells; new sod is in place.
Key Highlights
- Two‑bedroom, two‑bath units with approximately 1,735 square feet each
- Two‑car garage for each unit
- Separate utility metering
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,165
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,300
$463.3K
Cap Rate 7%
$330,929
$330.9K
Cap Rate 9%
$257,389
$257.4K
Market Conditions
NOI Build-Up for 3,470 SF
Gross rent
$35.4K $10.20/SF
− Vacancy
−$2.3K −$0.66/SF
EGI
$33.1K $9.54/SF
− OpEx
−$9.9K −$2.86/SF
NOI
$23.2K $6.68/SF
Area
Reno County, KS
Vacancy
6.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,300
Cap Rate 7%
$330,929
Cap Rate 9%
$257,389
Alternative Uses
Best Use
Multifamily LT 5
$330.9K
$289.6K – $386.1K
NOI $23,165 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$308.2K
$269.7K – $359.6K
NOI $21,574 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$702.4K
$614.6K – $819.5K
NOI $49,169 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Explore this area
Business Placement
Demographics for 67501, KS
24,779
Population
11,075
Households
2.2
Avg Household Size
37
Median Age
11%
College-Educated
85%
High-School Grad
188.0 sq mi
ZIP Area
132
Density / Sq Mi
$50,069
Median Household Income
$29,008
Median Earnings
$865
Median Rent
$86,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers single-level living, separate utility metering, and rear-side entry.
Where is this duplex located?
The property is located at 541 E Avenue A Hutchinson, KS.
What is the asking price?
The asking price for this property is $489,800.
What are key features of this property?
This property features: Two‑bedroom, two‑bath units with approximately 1,735 square feet each; Two‑car garage for each unit; Separate utility metering
