Estimated payment $16,236/month
About This Home
Strategically positioned near Fort Hays State University, 503 Halladay Ave offers a rare chance to acquire a high-performing 26-unit multifamily asset in one of Hays, Kansas’ most consistent rental areas. With historically low vacancy rates and a strong track record of upkeep, this property delivers both stability and scalability for seasoned investors or portfolio builders. The complex has been very well managed and maintained, minimizing deferred maintenance and maximizing operational efficiency all helping to drive high tenant satisfaction. Whether you're seeking predictable cash flow, long-term appreciation, or a foothold in a thriving college town, this property checks all the boxes. High occupancy. Prime location. Proven performance. Don’t miss the opportunity to secure a turnkey investment in a market known for resilience and rental demand. Reach out to Trevyn Wolf at 785-422-5155 for more info.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Parking
- Off-Street Parking
Home Design
- 26,134 Sq Ft Home
- Brick Exterior Construction
- Poured Concrete
- Wood Frame Construction
- Composition Roof
- Aluminum Siding
Bedrooms and Bathrooms
- 52 Bedrooms
- 30 Bathrooms
Utilities
- Central Heating and Cooling System
- Phone Available
Additional Features
- 1.1 Acre Lot
- In Flood Plain
Community Details
- 26 Units
- Gross Lease
Listing and Financial Details
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | For Sale | $2,600,000 | -- | $99 / Sq Ft |
Source: Western Kansas Association of REALTORS®
MLS Number: 205218