




515 S Madison St, Junction City, KS, 66441
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
Schools
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
