Listing provided courtesy of Real Broker, LLCMLS# 672491MLS Provider
  • 55 days on site
  • 4 views

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.

Source: Wichita MLS, MLS#: 672491

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential Income

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Create a profile so you can receive updates on this property as soon as they happen!

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 535 S Hunter


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/21/2026Source: Wichita MLS Price Reduction
$119,999 -2.4%
5/23/2026Source: Wichita MLS Price Reduction
$123,000 -3.9%
5/6/2026Source: Wichita MLS Added to Database
May 06, 2026
3/13/2025Source: Wichita MLS Status Change
Sold-Co-Op w/mbr
2/20/2025Source: Wichita MLS Status Change
Pending
1/17/2025Source: Wichita MLS Added to Database
January 17, 2025