123 E Madison Ave Arkansas City, KS 67005

Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, April 15th, 2025 at 2 PM (cst) | BIDDING CLOSING: Thursday, April 24th, 2025 at 2:10 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! Fantastic Investment Opportunity – 8 Unit Multi-Family Property in Arkansas City! Don’t miss this online-only opportunity to acquire a quadplex and two duplexes, totaling eight units in a prime Arkansas City location! This gives you the flexibility to select your own tenants. Each unit features 2 bedrooms and 1 bathroom. Property Breakdown: East Quadplex (Units 123, 123.5, 125, and 125.5) Lower units have front patios, upper units have balconies Layout: Living room with decorative fireplace, dining area, kitchen, 2 bedrooms, and full bath Middle Duplex (Units 117 & 117.5) Two-bedroom, one-bath units West Duplex (Units 113 & 113.5) Two-bedroom, one-bath units With all units occupied, this property becomes a strong income-producing investment! Unit 125 was previously rented but is now vacant.  Referral agent is related to the seller *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $15,000.