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Marsha Hill

marsha.hill@exprealty.com +1(316) 285-9446

Listed by Joseph Hamer • Reece Nichols South Central Kansas

$ 334,900

Est. payment | -/mo

1,966 SqFt

Save

$ 334,900

Est. payment | -/mo

Save

1,966 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,966 sqft

Price per Sqft $170

Subdivision Burrs 2Nd

MLS Listing ID SCK671337

Style Side by Side

Total Fin. Sqft 1966

Year Built 1945

Annual Tax Amount $2,614

Tax Year 2025

Lot Dimensions 7144

Property Sub-Type Duplex

Source sckansas

Property Description

703–709 S Hydraulic St is a fully occupied four-unit multifamily investment generating immediate rental income with additional upside built in. Current rents total approximately $3,616 per month, with a clear path toward approximately $3,800 per month as leases naturally turn over, creating nearly $45,600 in projected annual gross income. If you're looking for a buy-and-hold property that produces cash flow from day one instead of becoming your next renovation project, this is the opportunity you've been waiting for. Major capital improvements have already been completed, including a new roof, new siding, new concrete work, luxury vinyl flooring throughout all four units, updated toilets and vanities, new kitchen sinks, and mostly new appliances, allowing you to focus on ownership instead of deferred maintenance. Each duplex offers two spacious 2 bedroom, 1 bathroom units with all living areas on the main floor, bedrooms upstairs, and full unfinished basements providing laundry hookups, mechanicals, and abundant storage. These larger floor plans continue to attract quality tenants and encourage longer-term occupancy, helping reduce turnover over time. Tenants pay gas and electric while ownership covers water, trash, and lawn care, creating a simple and predictable operating structure. Located just minutes from downtown Wichita, Old Town, and Kellogg, this property sits in a well-established rental corridor with consistent demand and convenient access throughout the city. Occupied units may be viewed with proof of funds or pre-approval. For investors seeking immediate cash flow, completed capital improvements, and a four-unit property positioned for long-term appreciation, 703–709 S Hydraulic St deserves a closer look. Please do not trespass or disturb tenants.

Location

State KS

County Sedgwick

Direction Hydraulic & Lincoln - North on Hydraulic to address

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Electric

Fireplace No

Appliance Dishwasher, Disposal

Heat Source Forced Air, Natural Gas

Exterior

Garage Description 2 per Unit

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 8

Building

Unit Features [{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK671337Group_1\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK671337Group_2\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK671337Group_3\"},{\"UnitTypeActualRent\":850,\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"2 Bedroom\",\"UnitTypeKey\":\"SCK671337Group_4\"}]

Architectural Style Side by Side

Structure Type Vinyl Siding

Schools

Elementary Schools Washington

Middle Schools Mead

High Schools East

School District Wichita School District (Usd 259)

Others

Security Features Fenced,Smoke Detector(s)

Financing Conventional

NEARBY SCHOOLS & PROPERTIES

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

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+1(316) 285-9446

marsha.hill@exprealty.com

801 E Douglas, #683, Wichita, KS 67202, USA

703 S Hydraulic Wichita, KS 67211