Eastgate #3

For Sale

1705 E 24th Ave, Hutchinson, KS 67502

This Hutchinson property for sale is located at 1705 E 24th Ave. The general use of Eastgate #3 is multi-family and it incorporates 7,240 square feet of class C multi-family space. The current listed sale price for Eastgate #3 is $1,000,000. Eastgate #3 is situated on a lot that is 0.48 acre in size.

Contacts

Shane Pullman

PenFed Realty

Property Details

  • Property Type Multi-Family
  • Property Size 7,240 SF
  • Units 10
  • Lot Size 0.48 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1986
  • Year Renovated 2019
  • Date Updated Jun 9, 2026
Located in the premier Hutchinson medical cooridor with close proximity to major area employers and the premier schools within Hutchinson.Excellent opportunity to acquire a fully leased 10-unit apartment complex in a premier location with close proximity to the Hutchinson medical corridor. This well-maintained property offers immediate cash flow with a strong, long-term rental history and consistent tenant demand. Investors will appreciate the value-add potential, as cosmetic upgrades over time could support future rent increases and improved returns. A unique feature of the property is the six attached garage spaces with private exterior entrances, separate from the apartment units. With its prime location near major employers, stable occupancy, and additional revenue streams, this property presents a rare opportunity for both immediate income and long-term upside.
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Highlights

  • 100% leased with strong rental history & long term tenants
  • Close proximity to Hutchinson Regional Medical Center and other major employers
  • Major upgrades include new windows, siding, roof and multiple mechanical system updates
  • Six covered garage spots for additional rental income
  • Value add potential with cosmetic updates

Attachments

Getting around

  • 32/100

    Walk Score ®

  • 39/100

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Location

  • City Hutchinson, KS
  • Zip Code 67502
  • Market Wichita

Points of Interest

  • Kansas State Fair Train Depot

    1.91 miles

  • Hutchinson

    2.67 miles

  • Cenex

    0.42 miles

  • Kwik Shop

    0.51 miles

  • Murphy USA

    0.69 miles

  • Yesway

    1.53 miles

  • ChargePoint

    2.94 miles

  • Super 8 by Wyndham Hutchinson

    0.73 miles

  • Comfort Inn

    0.84 miles

  • Days Inn & Suites by Wyndham Hutchinson

    0.91 miles

  • Fairfield Inn & Suites

    1.20 miles

  • Holiday Inn Express Hutchinson

    1.23 miles

  • Econo Lodge

    1.27 miles

  • Hampton Inn

    1.29 miles

  • ALDI

    0.52 miles

  • Dillons Marketplace

    0.60 miles

  • Walmart Supercenter

    0.72 miles

  • Kohl's

    0.84 miles

  • Hutchinson Mall

    0.88 miles

  • Dillons

    2.05 miles

Contact Listing Broker
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