$134,000

535 S Hunter St, 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 $57/sqft
  • Property List Date Icon Listed 1 month 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:
April 5, 2026 at 3:21PM
Listing Office:
Berkshire Hathaway PenFed Realty : 316-636-2323
Listing Agent:
Rebecca Gallo : 316-712-3585
MLS ID:
SCK668598
  • 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 TO N119300220201700C
  • Utilities: Natural Gas AvailableSewer Available
  • Source: sckansas
  • Ownership: Individual

This listing courtesy of Rebecca Gallo , Berkshire Hathaway PenFed Realty

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Caldwell Elementary School

1441 S Edgemoor St, Wichita, KS, 67218

Grades PK-5

1.03 miles away

C

Curtis Middle School

1031 S Edgemoor St, Wichita, KS, 67218

Grades 6-8

0.97 miles away

E

East High School

2301 E Douglas Ave, Wichita, KS, 67211

Grades 9-12

2.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.