1701 E 24th Ave, Hutchinson, KS 67502

Hutchinson
Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
1701 E 24th Ave,Hutchinson, KS 67502
$1,000,000
  • - Beds
  • - Baths
  • 7,192 sq. ft.
  • Multi-family
  • Active
Listed by: shane pullman
Office: berkshire hathaway penfed realty
MLS#:669376
Source:South Central Kansas MLS

Price summary

  • Price:$1,000,000
  • Price per sq. ft.:$139.04

About this home

Excellent opportunity to acquire a fully leased 10-unit apartment complex in a premier location with close proximity to the Hutchinson medical corridor. This well-maintained property offers immediate cash flow with a strong, long-term rental history and consistent tenant demand. The property has been meticulously maintained, with numerous major improvements completed in recent years including new windows, siding, roof, and multiple mechanical system updates, helping 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. With...

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Home facts

  • Year built:1986
  • Listing ID #:669376
  • Added:2 day(s) ago
  • Updated:March 12, 2026 at 05:33 PM

Rooms and interior

  • Flooring:Carpet
  • Kitchen Description:Dishwasher, Disposal, Refrigerator
  • Basement:Yes
  • Living area:7,192 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1986
  • Building area:7,192 sq. ft.
  • Construction Materials:Brick Veneer, Frame

Schools

  • High school:Hutchinson
  • Middle school:Hutchinson
  • Elementary school:Graber

Utilities

  • Water:Public
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$1,000,000
  • Price per sq. ft.:$139.04
  • Tax amount:$11,508 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Refrigerator

Parking

  • Total parking spaces:6
  • Parking description:2 per Unit, Parking Garage
Copyright 2026 South Central Kansas MLS. All rights reserved. Listings courtesy of South Central Kansas as distributed by MLS GRID<lastMLSCheckTimestamp>. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. The information being provided is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 1993-2026 South Central Kansas MLS. All rights reserved.

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