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Active
  • $149,900

    308 E 5th Ave, Arkansas City, KS 67005

    4beds
    --baths
    2,280sqft
    : 
    $1,090/mo
    Get pre-qualified
    Duplex
    Built in 1920
    -- sqft lot
    $139,800 Zestimate®
    $66/sqft
    $-- HOA

    What's special

    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.
    82 days
    |
    200
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lacey Pool 620-506-7488,

    NextHome Together

    Source: SCKMLS as distributed by MLS GRID,MLS#: 673221

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
      Features
      • Flooring: Carpet, Tile
      • Basement: Cellar
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,280 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 per Unit, On Street
      Details
      • Parcel number: 2993003010010.000

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Duplex
      Materials
      • Brick
      • Roof: Composition
      Condition
      • Year built: 1920

      Utilities & green energy

      • Gas: Natural Gas Available
      • Water: Public
      • Utilities for property: Natural Gas Available, Sewer Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Arkansas City

      Financial & listing details

      • Price per square foot: $66/sqft
      • Tax assessed value: $116,230
      • Annual tax amount: $1,826
      • Date on market: 5/18/2026
      • Cumulative days on market: 82 days
      • Ownership: Individual
      • Tenant pays: Electricity, Gas

        Estimated market value

        $139,800

        $131,000 - $147,000

        $934/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2025$2,041 +9.1%$13,366 +16.6%
        2024$1,870 +1.2%$11,467 +9.6%
        2023$1,848 +10.3%$10,460 +16%
        2022$1,676 +11%$9,017 +17%
        2021$1,510 $7,707 +16.2%
        2020-- $6,634 +5.1%
        2019-- $6,313 -10.1%
        2018-- $7,024 +65.6%
        2017-- $4,242 -7.3%
        2016-- $4,578
        2015-- $4,578 -4%
        2014-- $4,770 -8.2%
        2013-- $5,197
        2012-- --
        2011-- --
        2010-- $5,049
        2009-- $5,049 +0.9%
        2008-- $5,003 -5.5%
        2007-- $5,294
        2006-- $5,294
        2005-- $5,294 +0%
        2004-- $5,293 0%
        2003-- $5,294 +3.1%
        2002-- $5,133 +70.9%
        2000-- $3,003
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 67005

        Getting around

        67 / 100
        Somewhat Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Roosevelt
        • Middle: Arkansas City
        • High: Arkansas City

        Source: SCKMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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