Osie Fourplex

1645 South Hydraulic Avenue, Wichita, KS 67211

  • For Sale $630,000
  • Property Type Multi-Family
  • Property Size 1,000 SF
  • Units 4
  • Date Updated Apr 24, 2025
Located at 1645–1667 S Hydraulic in Wichita, Kansas, the Osie Apartments offer a convenient location just minutes from major highways, retail centers, schools, and other core amenities. Positioned in a strong rental corridor with easy access to downtown and surrounding neighborhoods, the property benefits from high visibility and excellent connectivity across the city.The Osie Apartments present an outstanding investment opportunity consisting of 12 fully renovated one-bedroom units across three buildings. Completed in 2024, the renovation included updates to both interiors and exteriors, positioning the property for long-term stability with minimal deferred maintenance. Currently 100% occupied with a waiting list, the property offers investors immediate cash flow and strong tenant demand. Located minutes from schools, retail, and major highways, Osie Apartments benefit from a central Wichita location in a well-established rental market. Offered at $630,000 ($52,500 per unit) with a pro forma cap rate of 7.85%, this asset is ideal for investors seeking a turnkey, stabilized multifamily property.
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Highlights

  • 12 One-Bedroom units in in 3 buildings
  • Minutes away from all core amenities along with schools, retail and highways
  • Full renovation of property completed in 2024, including: Remodeled Most Units (Paint, Floors, Tubs, New Vanities, New Kitchen Cabinets, New Countertops, New Light Fixtures), New Mini-Splits in All Units, Gutters installed on back side of all 3 buildings
  • Occupancy: 100% with a waiting list

Contacts

broker

NAI Martens

Location

Getting Around

  • Walk Score ®

    45/100 Car-Dependent
  • Transit Score ®

    29/100 Some Transit
  • Bike Score ®

    64/100 Bikeable
Powered by Walk Score ®
  • City Wichita, KS
  • Neighborhood South Central Wichita
  • Zip Code 67211
  • Market Wichita

Points of Interest

  • Safari Express Main Station

    6.25 miles

  • Safari Express Gorilla Station

    6.31 miles

  • American Gas

    0.08 miles

  • QuikTrip

    0.58 miles

  • KC Gas & Groceries

    0.64 miles

  • JumpStart

    0.93 miles

  • Phamily Express

    0.98 miles

  • Phillips 66

    1.56 miles

  • Tesla Supercharger

    3.85 miles

  • Century II Parking

    1.83 miles

  • Old Town Parking Garage

    1.87 miles

  • area to ride bikes

    2.06 miles

  • Wesley Medical Center Public Parking

    2.57 miles

  • Lot A

    2.78 miles

  • Lot E

    2.88 miles

  • Lot D

    2.93 miles

  • Lot F

    3.31 miles

  • Lot B

    3.35 miles

  • Bel Air Motel

    0.99 miles

  • Budget Motel

    1.09 miles

  • Imperial Motel

    1.14 miles

  • Pawnee Inn

    1.18 miles

  • Sunset Motel

    1.28 miles

  • Model Motel

    1.30 miles

  • Afton Motel

    1.36 miles

  • Trail Motel

    1.36 miles

  • Wyndham Garden Wichita Downtown

    1.46 miles

  • Hotel At WaterWalk

    1.57 miles

  • Taco Shop

    0.47 miles

  • Pizza Hut

    0.89 miles

  • Braum's

    1.25 miles

  • Wendy's

    1.30 miles

  • McDonald's

    1.30 miles

  • Great Wall Restaurant

    1.31 miles

  • Taco Bell

    1.39 miles

  • Shanghai Chinese Restaurant

    1.51 miles

  • Subway

    1.56 miles

  • Sonic

    1.56 miles

  • Gardiner Elementary School

    0.52 miles

  • Chisolm Life Skills Center

    0.59 miles

  • Dunlap Transition Campus at Chisholm

    0.61 miles

  • Mead Middle School

    0.69 miles

  • Willard School

    0.82 miles

  • Metro Boulevard Alternate High School

    0.82 miles

  • Schweiter School

    0.90 miles

  • Lincoln Elementary School

    1.04 miles

  • Hamilton Middle School

    1.06 miles

  • Harry Street Elementary School

    1.09 miles

  • Child Development Center

    4.38 miles

Frequently Asked Questions

How much does Osie Fourplex cost?

The space currently listed for sale at Osie Fourplex asks for $630,000.

What is the total square footage of Osie Fourplex?

Osie Fourplex totals 1,000 square feet.

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Contact Listing Broker
broker

NAI Martens

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