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535 S Hunter, 
Wichita, KS 67207

$123,000


Bed


Bath


2,340

Sq Ft


Multi-Family

Active

Listed by

Jeffrey Schnell

Real Broker, LLC.

855-450-0442

Last updated:

May 24, 2026, 02:48 PM

MLS#

672491

Source:

South Central Kansas MLS

About This Home

535 S Hunter

This 4-unit property features four 1-bedroom, 1-bath units and presents an excellent opportunity for investors looking to build equity through renovation in East Wichita. The property was previously used for storage but can easily be converted back to living spaces. All four units require interior and a little exterior remodeling, creating a prime sweat equity opportunity for investors looking to force appreciation. The property includes a brand-new roof installed in 2025, eliminating one of the largest capital expenses. Projected Rent: $750 per unit; Gross Monthly Potential: $3,000; Annual Gross Potential: $36,000; ARV Appraised at: $220,000. With renovations completed, this property offers strong upside and cash flow potential. Ideal for: BRRRR strategy, Long-term buy-and-hold, Portfolio expansion, Investor looking to create equity. Bring your contractor and vision — this is a high-upside opportunity. Property is offered in its present ‘as-is’ condition. Seller will make no repairs, improvements, or concessions related to property condition.

Home Facts

Multi-Family

Built in 1949

Price Summary

123,000

$52 per Sq. Ft.

MLS #:

672491

Last Updated:

May 24, 2026, 02:48 PM

Added:

18 day(s) ago


Rooms & Interior

Interior

Living Area:

2,340 Sq. Ft.


Structure

Structure

Year Built:

1949


Finances & Disclosures

Finances

Price:

$123,000

Price per Sq. Ft:

$52 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.