703 S Hydraulic St, Wichita, KS

Name: 703 S Hydraulic St, For Sale in Wichita - eXp Realty
Brand: Reece Nichols South Central Kansas
SKU: 671337
Price: 334900 USD

House

For Sale

Listed price in listed location currency (USD).

$334,900

008

MLS® 671337

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size 1966 sqft

Garage

Taxes $2,615

Days Active 36

Lot Size

Approx. Age 1945

Avg. Price Per Sqft $170

MLS® Number 671337

Property Address: 703 S Hydraulic St, Wichita, KS, 67211-2705

Average square foot calculated using Size range provided by listing agent.

Description

703–709 S Hydraulic St is a four-unit multifamily opportunity consisting of two duplexes on one parcel, offering strong in-place income with additional upside. With all four units already leased with potential to raise all four to the current highest monthly rent of $950 per month, this property is positioned to produce approximately $3, 800 per month or just under $45, 600 annually once fully stabilized. As an investment, this stands out with major capital improvements already completed, including a new roof, new siding, new concrete work, new luxury vinyl flooring throughout all units, updated toilets and vanities, new kitchen sinks, and mostly new appliances. For investors looking to avoid immediate maintenance and renovation costs, the heavy lifting has already been done. Each unit offers a spacious and functional layout with all main living areas on the first floor and two bedrooms with one full bathroom upstairs. These larger unit sizes are a key advantage in this price range, helping attract and retain long-term tenants. Each unit also includes a full unfinished basement with mechanicals, laundry hookups, and significant storage space, providing additional value and future equity potential. Current ownership covers water, trash, and lawn care, while tenants pay gas and electric, creating a straightforward expense structure. Located along South Hydraulic with quick access to downtown Wichita, Old Town, and Kellogg, this property sits in a strong rental corridor with consistent demand. One vacant unit is available for showings until leased. Occupied units will be made available for viewing with with proof of funds or pre-approval letter. For investors seeking a renovated, income-producing four-unit property with strong cash-on-cash numbers and minimal immediate capital expenditure, 703–709 S Hydraulic St presents a compelling opportunity to add a high-performing asset to their portfolio. DO NOT TRESPASS OR DISTURB TENANTS.

MLS® Number671337

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1945

BasementUnfinished

Driveway2 per Unit

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 16, 2026List Date

$334,900List Price

Commute

Commute

Starting Address

Destination Address

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