This is a phenomenal opportunity for the savvy investor to step into a turn-key rental operation. The original 2-bedroom, 1-bath single-family residence has been smartly separated to create two distinct, income-producing units. Each apartment is a functional and easy-to-rent 1-bedroom, 1-bathroom layout, featuring a shower (no tub) in the bath. The property boasts several recent and significant improvements, including a brand-new roof on the rear portion, new windows, and a recently installed breaker box (2024). These updates mitigate immediate repair concerns, making it an even more attractive investment. With both the refrigerator and stove staying in each unit, the property is ready for immediate occupancy or rental turnover. The simpler utility setup, utilizing window A/C units and lacking W/D hookups/a garage, keeps maintenance costs low and tenant expectations manageable. Seize the opportunity to own this highly rentable property, built for cash flow!
Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, February 3rd, 2026 at 2 PM (cst) BIDDING CLOSING: Wednesday, February 11th, 2026 at 2:30 PM (cst). Bidding will remain open on this property until 90 seconds have passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! Sierra Way Apartments – 8-Unit, 100% Occupied Multifamily Investment Hutchinson, KS Sierra Way Apartments is a 100% occupied, well-managed 8-unit garden-style apartment community located at Sierra Parkway & Pawnee, near E. 30th St. & S. Plum Street in Hutchinson, Kansas. This stabilized asset offers a desirable unit mix, strong management history, and thorough operational records, making it an ideal opportunity for both seasoned and first-time multifamily investors. The property consists of two levels in a garden-style configuration with a total gross building area of 11,360 SF and 8,368 SF of rentable area. The properties sit on a 0.73± acre lot. Property & Building Features: 100% occupancy 2-bedroom, 2-bathroom units 849± sq ft per unit Each unit has its own water heater Central heat & air Individually functional and efficient layout Carpet and vinyl flooring throughout units Mini-blinds, walk-in closets, and coat closets Kitchen equipped with dishwasher, oven/range, and refrigerator Community Amenities: On-site laundry facility Paved parking lot w/1 covered space per unit Additional street parking Intimate 8-unit community setting Management & Operations: Professionally managed by a leading property management company (No written contractual agreement past closing, but company has expressed interest in continuing management post sale.) Exceptionally detailed management records including: Rent rolls Security deposit rolls Unit-by-unit maintenance and service records On-site/nearby management available Monday–Friday 24/7 emergency maintenance on call All units have written leases Utilities & Billing: Water and trash invoiced monthly to residents based on usage $13/month Legal Liability Fee billed to tenants Electricity separately metered and paid directly by residents Pet Policy: Up to 2 pets per unit, maximum 10 lbs each $200 non-refundable pet fee (up to 2 pets) $300 fully refundable deposit per pet $25/month pet rent per pet Sierra Way Apartments offers a turn-key, stabilized investment with strong occupancy, professional management, and detailed operational documentation in a proven Hutchinson rental corridor. The monthly income at Sierra Way is $5,655, giving a total gross annual income of $67,860. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $25,000.
Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, February 3rd, 2026 at 2 PM (cst) BIDDING CLOSING: Wednesday, February 11th, 2026 at 2:15 PM (cst). Bidding will remain open on this property until 90 seconds have passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! Sierra Square Apartments – 14-Unit, 100% Occupied Multifamily Investment Hutchinson, KS Sierra Square Apartments is a 100% occupied, well-managed 14-unit garden-style apartment community located on Sierra Parkway near E. 30th St. & S. Plum Street in Hutchinson, Kansas. This stabilized asset offers a desirable unit mix, strong management history, and thorough operational records, making it an ideal opportunity for both seasoned and first-time multifamily investors. The property consists of two levels in a garden-style configuration with a total gross building area of 8,315 SF and 7,310 SF of rentable area. A separate 740 SF clubhouse houses tenant laundry facilities and owner storage. The properties sit on a partially fenced 0.71± acre lot. Unit Mix (14 Total Units): 10 – 1 Bedroom / 1 Bath 4 – Efficiency / Studio (1 Bath) Property & Building Features: 100% occupancy Each unit has its own water heater Central heat & air Individually functional and efficient layouts Carpet and vinyl flooring throughout units Mini-blinds, walk-in closets, and coat closets Kitchen equipped with oven/range and refrigerator 1 BR units have dishwashers Shower/tub combo in each unit Community Amenities: On-site laundry facility (located in clubhouse) Paved parking lot w/1+ space per unit Budget-friendly studio and 1-bedroom units Intimate 14-unit community setting Management & Operations: Professionally managed by a leading property management company (No written contractual agreement past closing, but company has expressed interest in continuing management post sale.) Exceptionally detailed management records including: Rent rolls Security deposit rolls Unit-by-unit maintenance and service records On-site/nearby management available Monday–Friday 24/7 emergency maintenance on call All units have written leases Utilities & Billing: Water and trash invoiced monthly to residents based on usage $13/month Legal Liability Fee billed to tenants Electricity separately metered and paid directly by residents Pet Policy: Up to 2 pets per unit, maximum 10 lbs each $200 non-refundable pet fee (up to 2 pets) $300 fully refundable deposit per pet $25/month pet rent per pet Sierra Square Apartments offers a turn-key, stabilized investment with strong occupancy, professional management, and detailed operational documentation in a proven Hutchinson rental corridor. The monthly income at Sierra Square is currently $7,610 at 100% occupancy. Total gross annual income is currently $91,320. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $25,000.
Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, February 3, 2026 at 2 PM (cst) BIDDING CLOSING: Wednesday, February 11th, 2026 at 2:00 PM (cst). Bidding will remain open on this property until 90 seconds have passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! Heritage Apartments – 28-Unit, 100% Occupied Multifamily Investment - Hutchinson, KS Heritage Apartments is a 100% occupied, stabilized 28-unit garden-style apartment community located on East Avenue A in Hutchinson, Kansas. This property offers immediate cash flow with professional third-party management in place and exceptionally thorough operating records, making it a solid addition to an investor’s portfolio. The property consists of three levels in a three-story garden-style configuration with a gross building area of 19,846 SF, 18,437 SF of rentable space, plus a 1,054 SF clubhouse housing tenant laundry facilities and owner storage. Income Overview: 100% Occupancy Monthly Gross Rent: $16,596 Annualized Gross Rental Income: $199,152 Stabilized in-place income supported by consistent rent collections Detailed rent rolls, deposit rolls, and unit-level maintenance records available Unit Mix (28 Total Units): 9 – 2 BR / 1 Bath 9 – 1 BR / 1 Bath 10 – Efficiency / Studio (1 Bath) including an ADA-compliant oversized studio (734 SF) Property & Unit Features: Each unit has its own water heater Wall-mounted heat & air conditioning Kitchens equipped with oven/range and refrigerator Carpet and vinyl flooring throughout Mini-blinds, coat closets, and linen closets Shower/tub combo in each unit Community Amenities: On-site laundry facility located in clubhouse Off-street parking Budget-friendly studio, one-bedroom, and two-bedroom apartments Intimate community size with efficient operations Management & Operations: Professionally managed by a leading property management company (No written contractual agreement past closing, but company has expressed interest in continuing management post sale.) Comprehensive records including: Rent rolls and deposit rolls Detailed maintenance and service history by unit Management available Monday–Friday 24/7 emergency maintenance on call Utilities & Billing: Water and trash invoiced monthly to residents based on usage $13/month Legal Liability Fee billed to tenants Electricity separately metered and paid directly by residents Pet Policy: Up to 2 pets per unit, maximum 10 lbs each $200 non-refundable pet fee (up to 2 pets) $300 fully refundable deposit per pet $25/month pet rent per pet The monthly income at The Heritage is currently $16,596 at 100% occupancy. Total gross annual income is currently $199,152. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $75,000.
Andrea D. Conner, License 237733, Xome Inc., License 2173, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Hutchinson is located in Kansas. Hutchinson, Kansas has a population of 40,202. Hutchinson is less family-centric than the surrounding county with 27.64% of the households containing married families with children. The county average for households married with children is 28.32%.
The median household income in Hutchinson, Kansas is $52,277. The median household income for the surrounding county is $53,359 compared to the national median of $69,021. The median age of people living in Hutchinson is 38.7 years.
The average high temperature in July is 91.5 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 31.5 inches per year, with 13.4 inches of snow per year.
