1704 E 24th Ave , Hutchinson, KS 67502
  • $1,500,000

Overview

Property ID: HZ54351
  • 5 Family or More, Residential Income
  • Property Type
  • 28
  • Bedrooms
  • 24
  • Bathrooms
  • 1987
  • Year Built

Description

Excellent opportunity to acquire a 12-unit apartment complex consisting of two well-maintained 6-unit buildings located in the highly desirable Hutchinson Medical Corridor, offering strong rental demand driven by nearby healthcare employment and services. Each building features a well-balanced unit mix of two spacious 3-bedroom units and four 2-bedroom units, appealing to a wide range of tenants and supporting long-term occupancy. The property has two vacant units in the process of being leased, providing investors with immediate and stable cash flow from day one. Ownership has taken great care in maintaining the property, with major exterior improvements including newer roofs, siding, and windows, along with updated concrete parking areas. Tenants also benefit from covered parking, an attractive amenity that enhances tenant retention and property value. With its prime location, strong occupancy, and proven rental history, this multifamily property represents an ideal turnkey investment opportunity for investors seeking dependable income in one of Hutchinson’s most desirable rental areas. General Partner of the selling entity is a licensed real estate broker in the State of Kansas.

  • Address: 1704 E 24th Ave
  • City: Hutchinson
  • Zip/Postal Code: 67502

Details

Updated on March 21, 2026 at 6:01 am
  • Property ID HZ54351
  • Price $1,500,000
  • Bedrooms 28
  • Bathrooms 24
  • Garage Size x x
  • Year Built 1987
  • Property Type 5 Family or More, Residential Income
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash,Conventional
  • Roof Composition,Shingle
  • Sewer Public Sewer,Meter-MASTER
  • Cooling Electric
  • Heating Electric
  • County Reno
  • Property Type Residential Income
  • Parking Paved,Carport,On Street
  • Elementary School Union Valley
  • Middle School Hutchinson
  • High School Hutchinson
  • Architectural Style Two or More Stories

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