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400 E Sherman St
Hutchinson, KS 67501

$349,900 USD

Apartments For Sale • 3,410 SF

Property Details

Property Type Apartments
Total Building Size 3,410 SF
Lot Size 0.17 AC
Building Class C
Year Built 1900
Cap Rate 10.00 %
Zoning R4

50 Walk Score

                
                    Highlights
                
                                10% Cap Rate
                            
                                6 income-producing units
                            
                                Majority of units recently remodeled
                            
                                Strong, consistent rental demand
                            
                                Value-add potential through rent growth
                            
                                Centrally located with easy access to amenities

Property Flyers

mls for 400 E Sherman

Financial Summary (Actual)

Net Operating Income: $35,898 USD (2025)

Cap Rate:	10.00 %
Total Expenses:	$5,802 USD

Amenities

24 Hour Access
Air Conditioning
Heating
Smoke Free
Kitchen
Refrigerator
Oven
Range
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Wichita Dwight D Eisenhower Ntl	63 min	-	47.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

LORI FRANK 620-663-8391 Coldwell Banker Americana

400 E Sherman St Hutchinson, KS 67501