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535 S Hunter , Wichita, KS 67207
$119,999
Est. Payment: $595.52/mo
0 Bed
0 Bath
2340 Sqft
Status: active | Days on site: 50
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.
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Highlights

Listed by Jeffrey Schnell , 316-206-3158 Real Broker, LLC , 855-450-0442. South Central Kansas MLS

Property Type

Multi-Family

Year Built

1949

County

Sedgwick

Area

SCKMLS

 Neighborhood

Eastridge

 School District

Wichita School District (USD 259)

Listing ID

672491

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Basement:Partially Finished

Exterior Features

Roof:Composition
Principal Interest
$596
Taxes
$72

Home Price

$119,999

Loan Details

30 yrs
6.321%

Down Payment

20%
$24,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$595.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $595.52 $71.58 $0.00 $667.11
Yearly $7,146.28 $859.01 $0.00 $8,005.29
Total $214,388.52 $25,770.30 $0.00 $240,158.82
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Wichita, KS).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by South Central Kansas MLS, and is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed, and may not reflect all real estate activity in the market. © 1993-2026 South Central Kansas MLS. All rights reserved.

Data last updated: 2026-06-26T01:11:27.000Z

© 2026 South Central Kansas MLS