$108,000
$119,999
10.0%For more information regarding the value of a property, please contact us for a free consultation.
535 S Hunter Wichita, KS 67207
2,340 SqFt
Key Details
Sold Price $108,000
Property Type Multi-Family
Sub Type Four to Sixplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,340 sqft
Price per Sqft $46
Subdivision Eastridge
MLS Listing ID SCK672491
Style Other
Year Built 1949
Annual Tax Amount $859
Tax Year 2025
Property Sub-Type Four to Sixplex
Property Description
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.
Location
State KS
County Sedgwick
Interior
Heating Electric
Cooling None
Flooring Wood
Exterior
Garage Description 2 per Unit, On Street
Utilities Available Natural Gas Available, Sewer Available
View Y/N Yes
Roof Type Composition
Building
Structure Type Brick Veneer
Schools
Elementary Schools Caldwell
Middle Schools Curtis
High Schools Southeast
School District Wichita School District (Usd 259)
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