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103 E 7th Ave, 
South Hutchinson, KS 67505

$3,300,000


Bed


Bath


27,120

Sq Ft


Multi-Family

Active

Listed by

Shane Pullman

Berkshire Hathaway Penfed Realty

316-636-2323

Last updated:

March 10, 2026, 11:05 PM

MLS#

669360

Source:

South Central Kansas MLS

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 presents 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

Built in 1967

Price Summary

3,300,000

$121 per Sq. Ft.

MLS #:

669360

Last Updated:

March 10, 2026, 11:05 PM

Added:

5 day(s) ago


Rooms & Interior

Interior

Living Area:

27,120 Sq. Ft.


Structure

Structure

Year Built:

1967


Finances & Disclosures

Finances

Price:

$3,300,000

Price per Sq. Ft:

$121 per Sq. Ft.

Source:South Central Kansas MLS
Copyright 2026 South Central Kansas MLS. All rights reserved. Listings courtesy of South Central Kansas as distributed by MLS GRID. 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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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.