Osie Fourplex

For Sale

1645 South Hydraulic Avenue, Wichita, KS 67211

This Wichita property for sale is located at 1645 South Hydraulic Avenue. The current listed sale price for Osie Fourplex is $630,000.

Contacts

broker
Trent Garman

NAI Martens

Property Details

  • Property Type Multi-Family
  • Property Size 1,000 SF
  • Units 4
  • Date Updated Apr 24, 2025
Located at 1645–1667 S Hydraulic in Wichita, Kansas, the Osie Apartments offer a convenient location just minutes from major highways, retail centers, schools, and other core amenities. Positioned in a strong rental corridor with easy access to downtown and surrounding neighborhoods, the property benefits from high visibility and excellent connectivity across the city.The Osie Apartments present an outstanding investment opportunity consisting of 12 fully renovated one-bedroom units across three buildings. Completed in 2024, the renovation included updates to both interiors and exteriors, positioning the property for long-term stability with minimal deferred maintenance. Currently 100% occupied with a waiting list, the property offers investors immediate cash flow and strong tenant demand. Located minutes from schools, retail, and major highways, Osie Apartments benefit from a central Wichita location in a well-established rental market. Offered at $630,000 ($52,500 per unit) with a pro forma cap rate of 7.85%, this asset is ideal for investors seeking a turnkey, stabilized multifamily property.
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Highlights

  • 12 One-Bedroom units in in 3 buildings
  • Minutes away from all core amenities along with schools, retail and highways
  • Full renovation of property completed in 2024, including: Remodeled Most Units (Paint, Floors, Tubs, New Vanities, New Kitchen Cabinets, New Countertops, New Light Fixtures), New Mini-Splits in All Units, Gutters installed on back side of all 3 buildings
  • Occupancy: 100% with a waiting list

Getting around

  • 45/100

    Walk Score ®

  • 29/100

    Transit Score ®

  • 64/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Wichita, KS
  • Neighborhood South Central Wichita
  • Zip Code 67211
  • Market Wichita

Points of Interest

  • Safari Express Main Station

    6.25 miles

  • Safari Express Gorilla Station

    6.31 miles

  • American Gas

    0.08 miles

  • QuikTrip

    0.58 miles

  • KC Gas & Groceries

    0.64 miles

  • JumpStart

    0.93 miles

  • Phamily Express

    0.98 miles

  • Phillips 66

    1.56 miles

  • Tesla Supercharger

    3.85 miles

  • Century II Parking

    1.83 miles

  • Old Town Parking Garage

    1.87 miles

  • area to ride bikes

    2.06 miles

  • Wesley Medical Center Public Parking

    2.57 miles

  • Lot A

    2.78 miles

  • Lot E

    2.88 miles

  • Lot D

    2.93 miles

  • Lot F

    3.31 miles

  • Lot B

    3.35 miles

  • Bel Air Motel

    0.99 miles

  • Budget Motel

    1.09 miles

  • Imperial Motel

    1.14 miles

  • Pawnee Inn

    1.18 miles

  • Sunset Motel

    1.28 miles

  • Model Motel

    1.30 miles

  • Afton Motel

    1.36 miles

  • Trail Motel

    1.36 miles

  • Wyndham Garden Wichita Downtown

    1.46 miles

  • Hotel At WaterWalk

    1.57 miles

  • La Michoacana

    0.77 miles

  • Mercadito Salvadoreno

    0.99 miles

  • Kimson Asian Market

    1.02 miles

  • Walmart Supercenter

    1.31 miles

  • La Guelaguetza Supermarket

    1.38 miles

  • Thai An Market

    1.39 miles

  • Guelaguetza Market

    1.51 miles

  • Big Lots

    1.62 miles

  • Mini Mall

    1.63 miles

  • Dillons

    1.91 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Trent Garman

NAI Martens

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