308 E 5th Ave , Arkansas City, KS 67005
$149,900
Est. Payment: $743.91/mo
0 Bed
0 Bath
2280 Sqft
Status: active | Days on site: 28
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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! Seller is a licensed agent in the state of KS.

Highlights

Listed by Lacey Pool , 620-506-7488 NextHome Together , 620-307-6550. South Central Kansas MLS

Property Type

Multi-Family

Year Built

1920

County

Cowley

Area

SCKMLS

School District

Arkansas City School District (USD 470)

Listing ID

673221

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Dishwasher, Disposal, Microwave, Range, Refrigerator
Air Cond:Electric
Fireplaces:
Basement:Cellar

Exterior Features

Roof:Composition
Principal Interest
$744
Taxes
$152

Home Price

$149,900

Loan Details

30 yrs
6.321%

Down Payment

20%
$29,980
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Monthly Price:
$743.91

Principal

Taxes

Principal Taxes HOA Total
Monthly $743.91 $152.21 $0.00 $896.12
Yearly $8,926.97 $1,826.52 $0.00 $10,753.49
Total $267,809.23 $54,795.60 $0.00 $322,604.83
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Arkansas City, KS).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by South Central Kansas MLS, and is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed, and may not reflect all real estate activity in the market. © 1993-2026 South Central Kansas MLS. All rights reserved.

Data last updated: 2026-06-26T01:11:27.000Z

© 2026 South Central Kansas MLS