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About This Home

This 0-bedroom, 0-bathroom residential multi family at 308 E 5th Ave in Arkansas City, KS is listed for $149,900 ($66 per sqft). Built in 1920, the home offers 2,280 sqft of living space on a 3975.00 acres lot.

Agent Description

Investor opportunity! This well-maintained duplex at 308 E 5th Ave in Arkansas City offers strong rental income potential with two spacious 2 bed, 1 bath units, each featuring their own laundry room and functional layouts tenants love. The upper unit currently rents for $650/month and the lower unit rents for $700/month, providing immediate income with additional upside potential.

Each unit offers generous living space and comfortable bedroom sizes. The lower level features central heat and air, and both units include separate laundry areas for added tenant convenience. Property includes off-street parking and sits in a convenient location close to downtown amenities, schools, and shopping.

Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this duplex is a solid investment opportunity with stable occupancy history and room for future rent growth. Features include:- Two 2 bed / 1 bath units- Separate laundry rooms for each unit- Lower level with central heat & air- Income-producing property- Spacious layouts- Strong rental demand area- Opportunity for increased cash flow Call today to schedule your private showing!

Key Features

  • Built in 1920
  • 3975.00 acre lot
  • 2 parking spaces

Property Details

2 spaces
1920

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

308 E 5th Ave

Arkansas City, KS 67005

Property Details

Flooring

CarpetTile

Construction

Brick

Parking

On Street

Heating

Natural GasForced Air

Cooling

Electric

Appliances

DishwasherDisposalMicrowaveRangeRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 308 E 5th Ave is listed at $149,900 ($66/sqft). The estimated monthly payment is $650 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 3975.00 acre lot, 2 parking spaces.

This property is listed by Lacey Pool and can be reached at 6205067488 or lacey@nexthometogether.com.

LP

Lacey Pool

Agent at NextHome Together

(620) 506-7488

Listed by NextHome Together · View on Broker Site

MLS# 673221· Source: listhub· Updated 14 days ago

Copyright © 2026 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

308 E 5th Ave, Arkansas City, KS 67005

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