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515 S Madison St, Junction City, KS, 66441

1beds
1baths
432sqft
$75,000
$174price/sqft
$712/moest. monthly cost
$28,480/yrincome needed

About This Home

This 1 bedroom, 1 bathroom single-family home located at 515 S Madison offers an affordable entry point for investors looking to add a cash-flowing property to their portfolio. The home is currently tenant-occupied at $525/month, providing immediate rental income from day one. Situated on a shared lot, this property will require a lot split, creating an excellent opportunity for buyers to add value through subdivision and future resale or redevelopment. With strong rental demand in the area and low operating costs, this property is well-suited for investors seeking steady income with upside potential. Whether you’re a seasoned investor or looking for your next rental, this property presents a unique chance to secure an income-producing home with room to grow.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

6/10
5/10
3/10

Construction

Condition

  • Year built: 1952

Materials

  • Construction materials: Unknown

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Slab

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Finished area above ground: 432

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 432
  • Total interior livable area: 432 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Zoning: Residential

Features

  • Pool features: None
  • Exterior features: None
  • Fencing: None

Lot

  • Lot size: 4,356 sqft