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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 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 offer s 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.

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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
2801 E Harry St, Wichita, KS, 67211 $8,500,000 -- -- 107,200 107,200 SqFt
530-532 S Lulu Ave, Wichita, KS, 67211 $125,000 -- -- 1,284 1,284 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 06/11/2026 @ 14:17

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

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