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$2,750,000
22,304 Sqft | Built 1987

1704-1708 E 24th Ave, Hutchinson, KS, 67502

MULTI FAMILY MLS #SCK681599

Excellent opportunity to acquire a 24-unit apartment complex consisting of four well-maintained 6-unit buildings located in the highly desirable Hutchinson Medical Corridor, offering strong rental demand driven by nearby healthcare employment and services. Each building features a well-balanced unit mix of two spacious 3-bedroom units and four 2-bedroom units, appealing to a wide range of tenants and supporting long-term occupancy. The property is 100% leased, providing investors with immediate and stable cash flow from day one. Ownership has taken great care in maintaining the property, with major exterior improvements including newer roofs, siding, and windows, along with updated concrete parking areas. Tenants also benefit from covered parking, an attractive amenity that enhances tenant retention and property value. With its prime location, strong occupancy, and proven rental history, this multi family property represents an ideal turnkey investment opportunity for investors seeking dependable income in one of Hutchinson’s most desirable rental areas.

The facts
Status Active
Price / sqft $123
Year built 1987
Living area 22,304 sqft
Property type Multi Family
City Hutchinson
ZIP 67502
MLS number SCK681599
School district Buhler School District (USD 313)
Elementary school Union Valley
Middle school Prairie Hills
High school Buhler
Listing courtesy of Berkshire Hathaway PenFed Realty. Information courtesy of South Central Kansas MLS via MLS Grid, deemed reliable but not guaranteed. Last updated Nov 11, 2026, 5:37 PM CT. Equal Housing Opportunity.
Price and status history
Nov 6, 2026 Price reduced from $27,500,000 $2,750,000
Listed $27,500,000

Changes are tracked from the MLS feed as they happen. Older history is not shown.

Payment estimate
$0/mo

Estimate only, for a sense of the monthly number. Tax is a county average and the rate is a starting point: enter the rate your lender quotes you. Your lender's numbers win.

What homes like this have been going for
$176,000 to $484,900

Homes in 67502 closed in this range over the last 12 months, 22 of them, with a median of $272,750. Size was not matched, so read it as an area figure.

Closed comps from the South Central Kansas MLS. Not an appraisal, and not a statement about this listing's price. The market decides what a home is worth.

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Where it sits
Listing information courtesy of South Central Kansas MLS via MLS Grid. Data deemed reliable but not guaranteed. Last updated Nov 11, 2026, 5:37 PM CT. Equal Housing Opportunity. TurnKey · Keller Williams Hometown Partners · 316-364-7500 · 429 S. 119th St. W. Wichita, KS 67235.
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