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703 S Hydraulic Ave

Wichita, KS 67211
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Bed --

Bed

Bath 0

Bath

SqFt1,966

Sqft

SqFt7,144

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $334,900

AD Id : 77547772

MLS Id : 671337

Lot Size : 7,144 Sqft

Living Area Size : 1,966

Year Built : 1945

County : Sedgwick

Subdivision: Buckingham Place

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Unfinished
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Appliances: Dishwasher, Disposal Laundry Features: In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1945 Construction Materials: Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 7144

    Property Information

    Subdivision: BURRS 2ND Source Property Type: Residential Income Property SubType: Duplex Property Age: 81

  • Listing Price Information

    Listing Price: $334900

  • Tax Information

    Parcel Number: 128280111001700 Tax Year: 2025 Annual Tax: $2614.67 Tax Legal Desc: S 5 FT LOT 249 ALL LOT 251 & N 20 FT LOT 253 BURR'S 2ND. ADD.

  • Parking Information

    Parking Total: 8

  • School Information

    Elementary School: Washington
    Junior High School: Mead
    Senior High School: East
  • Utility Information

    Natural Gas Available, Sewer Available
  • Location Information

    Direction: Hydraulic & Lincoln - North on Hydraulic to address WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2043 S Broadway Ave, Wichita, KS, 67211 $165,000 -- -- 2,774 2,774 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the South Central Kansas MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 South Central Kansas MLS. All Rights Reserved.

ByOwner last updated this listing 07/28/2026 @ 01:29

MLS: 671337 LISTED BY: Joseph Hamer, Reece Nichols South Central Kansas 316-978-9777 SOURCE: South Central Kansas MLS

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