See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

506 Union St, Emporia, KS, 66801

6beds
4baths
2,590sqft
$193,500
$75price/sqft
$1,695/moest. monthly cost
$67,800/yrincome needed

About This Home

This well-maintained two-story duplex is an outstanding investment opportunity with an excellent cap rate and Fully Rented. Featuring an updated interior and pride of ownership throughout, this property is ideal for investors looking to add a quality asset to their portfolio. The spacious main-level unit offers 3 bedrooms, 2.5 bathrooms, and a functional floor plan designed for comfortable living. The upper apartment features 3 bedrooms (one non-conforming), 1 full bathroom, and its own private living space, providing excellent flexibility for tenants. Conveniently located near downtown, park, shopping, dining, and other local amenities, this centrally located duplex is positioned to attract long-term tenants. Whether you're expanding your investment portfolio or looking for an owner-occupant opportunity with rental income, this property offers a great combination of location, condition, and income potential.

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

4/10
4/10
Emporia Middle SchoolGrades 6-82.9 mi
5/10
Emporia High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1890

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Bedroom2

  • Level: Main
  • Area: 137.5
  • Dimensions: 10X13'9

Bedroom3

  • Level: Main
  • Area: 200.2778
  • Dimensions: 17'2X11'8

Bedroom4

  • Level: Upper
  • Area: 110.8333
  • Dimensions: 11'1X10X5

Bedroom6

  • Level: Upper
  • Area: 404.1667
  • Dimensions: 16'2X 25

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,590

Interior Area

  • Total structure area: 2,590
  • Total interior livable area: 2,590 sqft

Laundry

  • Level: Main

Master Bedroom

  • Level: Main
  • Area: 324
  • Dimensions: 18 x 18

Other

  • Level: Upper
  • Area: 130.2778
  • Dimensions: 11'2X11'8

Property

Details

  • Parcel number: R9760
  • Special condition: Standard

Features

  • Levels: Two

Lot

  • Lot size: 8,276 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Winter Weather
Cold Wave
Strong Wind
Tornado
Hail
Heat Wave
Inland Flooding

FEMA Declared Disasters Across Kansas Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $978$11,736
Home Insurance *$292$3,504
Property Taxes $219$2,628
Electricity $206$2,481
Total$1,695$20,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,114/yr
40% on housing$50,850/yr
45% on housing$45,200/yr

Kansas FAIR Plan Programs

Kansas All-Industry Placement Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 11,507Commercial: 209
Total Premiums$9.41M
Total Exposure$949,000

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 1.6%
1.6%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 66801$107
Lyon County$111

vs Homes Sold Last Month

Median $/sqft

ZIP 66801$102
Lyon County$98

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-16Pending sale$193,500
2026-07-04Listed for sale$193,500
2025-08-26Listing removed$1,100
2025-07-31Price change$1,100
2025-07-03Listed for rent$1,200
2025-06-27Listing removed$1,200
2025-05-06Listed for rent$1,200
2024-05-01Listing removed--
2024-04-14Listed for rent$1,200
2024-03-12Listing removed--
2024-03-09Price change$1,050
2024-02-20Listed for rent$1,200
2024-01-17Listing removed--
2023-12-06Listed for rent$1,200
2023-11-21Listing removed--
2023-10-31Listed for rent$1,200
2023-10-10Listing removed--
2023-09-19Listed for rent$1,200
2023-06-26Listing removed--
2023-06-07Price change$1,200
2023-04-25Listed for rent$1,350
2022-06-06Sold--
2022-05-01Contingent$99,900
2022-05-01Pending sale$99,900
2022-04-22Listed for sale$99,900

For Sale by Agent

AgentLacie Hamlin
BrokerageRE/MAX EK Real Estate

Similar Homes