About This Home

This 4-bedroom, 2-bathroom single family at 515 S Cottonwood Street in Iola, KS is listed for $98,000 ($59 per sqft). Built in 1905, the home offers 1,666 sqft of living space on a 0.69 acres lot.

Key Features

  • Built in 1905
  • 0.69 acre lot

Property Details

2 full
1905
Listing Description

**Charming 1903 Fixer-Upper with Massive Sweat Equity Potential!** RENT TO OWN FOR QUALIFIED BUYERS This two-story home offers four bedrooms, two baths, and tons of character just waiting for your finishing touches. Sitting on two city lots, it presents a fantastic opportunity to build equity by putting in the work.

While cosmetic updates are needed throughout, the heavy lifting on major structural, plumbing, electrical, and mechanical systems has already been completed. Key upgrades and features include: Structural Updates: Foundation lifted and professionally braced.

Brand-new Andersen windows and exterior doors installed with a lifetime warranty. Plumbing and Sewer: All interior plumbing and the main sewer line to the street were completely replaced by CDL in 2021. Electrical System: Completely upgraded from historical knob-and-tube wiring to a brand-new electrical system and panel.

HVAC and Utilities: Central heating and cooling systems were fully updated and serviced in 2023. A new water heater was installed in 2021. Skip the headache of expensive mechanical overhauls, roll up your sleeves, and bring your design ideas to finish out this classic home!

Monthly Cost Estimate

$524/mo

20% down · 6.5% · 30 years

Principal$71
Interest$425
Insurance$29

Estimates only. Actual payments may vary.

Location

515 S Cottonwood Street

Iola, KS 66749

Property Details

Flooring

LaminateWood

Construction

Frame

Outdoor Features

Deck

Parking

Off Street

Questions & Answers

This 4-bedroom, 2-bathroom single family at 515 S Cottonwood Street is listed at $98,000 ($59/sqft). The estimated monthly payment is $525 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.69 acre lot.

This property is listed by Jody Potter.

JP

Jody Potter

Agent at Crown Realty of Kansas Inc

Listed by Crown Realty of Kansas Inc · Broker phone: (877) 276-9625 · View on Broker Site · Broker website

MLS# 2621866· Source: Heartland Multiple Listing Service· 160 days on PropertySimple

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

515 S Cottonwood Street, Iola, KS 66749

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