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.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $149,900 | $66 | NextHome Together |
| Year | Annual Amount | Description |
|---|---|---|
| 2025 | $1,827 | ARKANSAS CITY , BLOCK 44 , E53 LTS 1-3 |
Elementary School Roosevelt Elementary | 0.3 miles away | PK - 05 | |
Elementary School Frances Willard Elementary | 0.5 miles away | PK - 05 | |
Middle School Arkansas City Middle School | 1.2 miles away | 06 - 08 |