$350,000

703-709 S Hydraulic St, Wichita, KS 67211

1,966 sqft

Duplex
Built in 1945
6,970sqft lot
—— car garage
$178/sqft
Listed 2 months ago

Property Description

703–709 S Hydraulic St presents a fully leased four-unit multifamily property comprised of two duplexes on one parcel. With consistent rental income already in place and significant capital improvements completed, this is a stabilized asset built for investors focused on long-term cash flow and low maintenance exposure. Each of the four units offers a functional 2 bedroom, 1 bathroom layout with a spacious living room and a kitchen and dining combo on the main floor. Upstairs you will find two bedrooms and one full bathroom in every unit, creating consistency that simplifies leasing and management. Basements in each unit house the mechanical systems, laundry hookups, and provide valuable storage space, supporting tenant retention and operational durability. Recent updates include a new roof in 2024, new siding in 2025, new LVP flooring throughout all units, fresh interior paint, new toilets and vanities, repaired stairs, updated front porch concrete and supports, and new appliances in select units. Security cameras are installed. All four units are currently leased at approximately $900 per month, generating gross income of roughly $3,600 per month or over $43,000 annually. Tenants are responsible for gas and electric, while ownership covers lawn care, water, sewer, and trash, creating a straightforward and predictable expense structure. Located on South Hydraulic with convenient access to downtown Wichita, Old Town, and Kellogg, this property sits in a central rental corridor with strong demand. This is a clean, income-producing four-unit property ready to perform from day one. Please respect tenant privacy.

Listing Status:: Active
Data Last Updated:: February 15, 2026 at 7:20AM
Listing Office:: Reece Nichols South Central Kansas : 316-978-9777
Listing Agent:: Joseph Hamer : 316-213-4986
MLS ID:: SCK665491

Appliances: DishwasherDisposal
Basement: Unfinished
A/C: Electric
Heating: Forced AirNatural Gas

Style: Side by Side
Parking: 2 per UnitParking spaces: 8

Roofing: Composition
General: Vinyl Siding

Originating MLS: sckansas
School District: Wichita School District (USD 259)
County: Sedgwick

Zoning: S 5 FT LOT 249 ALL LOT 251 & N 20 FT LOT 253 BURR'S 2ND. ADD.128280111001700

Utilities: Natural Gas AvailableSewer Available

Source: sckansas
Ownership: Individual

This listing courtesy of Joseph Hamer , Reece Nichols South Central Kansas

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Washington Accelerated Learning Elementary School

424 N Pennsylvania Ave, Wichita, KS, 67214

Grades PK-5

1.16 miles away

Mead Middle School

2601 E Skinner St, Wichita, KS, 67211

Grades 6-8

1.36 miles away

East High School

2301 E Douglas Ave, Wichita, KS, 67211

Grades 9-12

0.78 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.