$128,000

535 S Hunter, Wichita, KS 67207

  • 2,340 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $55/sqft
  • Property List Date Icon Listed 14 days ago

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.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 5:22PM
Listing Office:
Real Broker, LLC : 855-450-0442
Listing Agent:
Jeffrey Schnell : 316-206-3158
MLS ID:
672491
  • Appliances: None
  • Basement: Partially Finished
  • Flooring: Wood
  • A/C: None
  • Heating: Electric
  • Style: Other
  • Parking: 2 per UnitOn StreetParking spaces: 4
  • Roofing: Composition
  • General: Brick Veneer
  • Originating MLS: sckansas
  • School District: Wichita School District (USD 259)
  • County: Sedgwick
  • Zoning: PT. RES A BEG NE COR TH S ALG E LI 58.85 FT TO CUR SLY ALG CUR 92.24 FT NW 55 FT NWLY 128.53 FT TON19300220201700C
  • Utilities: Natural Gas AvailableSewer Available
  • Source: sckansas
  • Ownership: Individual

This listing courtesy of Jeffrey Schnell , Real Broker, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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