703-709 S Hydraulic St, Wichita, KS 67211
Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
703-709 S Hydraulic St,Wichita, KS 67211
$350,000
- - Beds
- - Baths
- 1,966 sq. ft.
- Multi-family
- Active
Listed by: joseph hamer, shane phillips
Office: reece nichols south central kansas
MLS#:665491
Source:South Central Kansas MLS
Price summary
- Price:$350,000
- Price per sq. ft.:$178.03
About this home
703–709 S Hydraulic St presents a fully leased four-unit multifamily property comprised of two duplexes on one parcel. With consistent rental income already in place and significant capital improvements completed, this is a stabilized asset built for investors focused on long-term cash flow and low maintenance exposure. Each of the four units offers a functional 2 bedroom, 1 bathroom layout with a spacious living room and a kitchen and dining combo on the main floor. Upstairs you will find two bedrooms and one full bathroom in every unit, creating consistency that simplifies leasing and management. Basements in each unit house the mechanical systems, laundry hookups, and provide valuable storage space, supporting tenant retention and operational durability. Recent updates include a new roof in 2024, new siding in 2025, new LVP flooring throughout all units, fresh interior paint, new toilets and vanities, repaired stairs, updated front porch concrete and supports, and new appliances in select units. Security cameras are installed. All four units are currently leased at approximately $900 per month, generating gross income of roughly $3,600 per month or over $43,000 annually. Tenants are responsible for gas and electric, while ownership covers lawn care, water, sewer, and trash, creating a straightforward and predictable expense structure. Located on South Hydraulic with convenient access to downtown Wichita, Old Town, and Kellogg, this property sits in a central rental corridor with strong demand. This is a clean, income-producing four-unit property ready to perform from day one. Please respect tenant privacy.
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Home facts
- Year built:1945
- Listing ID #:665491
- Added:71 day(s) ago
- Updated:February 13, 2026 at 12:33 AM
Rooms and interior
- Living area:1,966 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1945
- Building area:1,966 sq. ft.
Schools
- High school:East
- Middle school:Mead
- Elementary school:Washington
Utilities
- Water:Public
- Sewer:Sewer Available
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$178.03
- Tax amount:$2,615 (2025)
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