515 S Madison, Junction City, KS 66441
- $75,000
- 432
- SqFt
- List Price
- $75,000
- Status
- ACTIVE
- MLS#
- 20260024
- Style
- Bungalow
- Year Built
- 1952
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 432
- Acres
- 0.10
Property Description
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.
Additional Information
- Taxes
- $2,404
- Fencing
- None
- Basement
- Slab
- Heating
- Natural Gas
- Cooling
- Central Air
- School District
- Junction City USD 475
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Listing courtesy of Mathis Lueker Real Estate.
© 2026 Manhattan MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.