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103 E 7th Ave, 
South Hutchinson, KS 67505

$3,300,000


54

Beds


36

Baths


24,408

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#

54353

Source:

KS HBOR

About This Home

103 E 7th Ave

Exceptional opportunity to acquire a turnkey 36-unit apartment complex in South Hutchinson, Kansas, offering strong rental performance and consistent income history. Ideally located near major area employers, the property benefits from stable tenant demand and convenient access to employment centers, shopping, and services. The complex features spacious unit layouts larger than many competing properties in the area, creating strong tenant appeal and retention. Ownership has completed numerous exterior improvements including a newer roof, replacement siding, and concrete parking areas, helping reduce future capital expenses. A standout amenity is the brand-new in-ground swimming pool, providing an attractive feature for tenants and enhancing the property’s overall desirability. Operationally efficient, each pair of units on a single floor shares an HVAC system and water heater, helping simplify maintenance and mechanical servicing. The property also includes a clubhouse building that present s additional upside potential, offering the opportunity to remodel the space into a tenant amenity area such as a fitness room or community lounge, or convert it into an additional two-bedroom unit to further increase rental income. With its solid rental history, recent improvements, large unit sizes, and value-add potential, this property represents an excellent investment opportunity for both immediate cash flow and long-term appreciation.

Home Facts

Multi-Family

36 Baths

54 Bedrooms

Built in 1967

Price Summary

3,300,000

$135 per Sq. Ft.

MLS #:

54353

Last Updated:

May 7, 2026, 02:49 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

54

Bathrooms

Total Bathrooms:

36

Interior

Living Area:

24,408 Sq. Ft.


Structure

Structure

Architectural Style:

Two or More Stories

Building Area:

24,408 Sq. Ft.

Year Built:

1967


Finances & Disclosures

Finances

Price:

$3,300,000

Price per Sq. Ft:

$135 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.