# 308 East 5th Ave, Arkansas City, KS 67005

> **TL;DR:** residential multi family, $149,900 ($66/sqft), built 1920, 2,280 sqft. Est. $650/mo. Listed 14 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $149,900 |
| Price/sqft | $66 |
| Square Feet | 2,280 |
| Year Built | 1920 |
| Lot Size | 173,151,000 sqft (3975.00 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 14 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $650 |
| **Total** | **$650** |

## Property Highlights

- Built in 1920
- 3975.00 acre lot

## Description

### 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!

## Location

- **Address:** 308 East 5th Ave, Arkansas City, KS 67005
- **Coordinates:** 37.06129456, -97.03603363
- **Google Maps:** https://www.google.com/maps?q=37.06129456,-97.03603363

## Listing Agent

- **Name:** Lacey Pool
- **Brokerage:** NextHome Together
- **Phone:** 6205067488
- **Email:** lacey@nexthometogether.com

## Primary Photo

![308 East 5th Ave - Primary Photo](http://lh.rdcpix.com/4f11ca66c4c7c1d8268ee7009f71453el-f1743294273r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/308-east-5th-ave-arkansas-city-ks-67005-e291559)*

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**MLS#:** 673221 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/308-east-5th-ave-arkansas-city-ks-67005-e291559)

---

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