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1705 E 24th Ave, 
Hutchinson, KS 67502

$1,000,000


10

Beds


10

Baths


7,192

Sq Ft


Multi-Family

Active

Listed by

Shane Pullman

Berkshire Hathaway Penfed Realty

316-636-2323

Last updated:

May 7, 2026, 02:49 PM

MLS#

54349

Source:

KS HBOR

About This Home

1705 E 24th Ave

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 its prime location near major employers, stable occupancy, and additional revenue streams, this property presents a rare opportunity for both immediate income and long-term upside. Seller is a licensed real estate broker in the State of Kansas.

Home Facts

Multi-Family

10 Baths

10 Bedrooms

Built in 1986

Price Summary

1,000,000

$139 per Sq. Ft.

MLS #:

54349

Last Updated:

May 7, 2026, 02:49 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

10

Interior

Living Area:

7,192 Sq. Ft.


Structure

Structure

Architectural Style:

Two or More Stories

Building Area:

7,192 Sq. Ft.

Year Built:

1986


Finances & Disclosures

Finances

Price:

$1,000,000

Price per Sq. Ft:

$139 per Sq. Ft.

Source:KS HBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.