This beautifully remodeled 4-plex is in a good location on a large corner lot in a quiet neighborhood 6 blocks from Cowley County. All four 1BR/1BA units have been updated. Property is very unique in this market where rental demand is high. Vacancies fill quickly, and tenants often stay multiple years. Property is in good condition and requires relatively low maintenance. Local handyman is available and familiar with the property. Owner pays water, gas for water heater, lawn maintenance, and pest control. A washer & dryer are provided in the large, unfinished basement, accessible to all tenants. Detached garage is currently used for storage. There is upside potential through improved operations and increased rents.
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Price Unknown
505 N 4th St, Arkansas City, KS 67005
4beds
--baths
2,924sqft
Four to Sixplex
Built in 1910
-- sqft lot
$137,600 Zestimate®
$--/sqft
$936 Estimated rent
Home value
$137,600
$105,000 - $172,000
$936/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
JaNell Simpson 855-456-4945,
ListWithFreedom.com
Bought with:
Cheryl Acuff, 00218850
Source: SCKMLS as distributed by MLS GRID,MLS#: 627274
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator, Washer, Dryer
Features
- Flooring: Carpet, Tile, Wood
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 2,924 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved, On Street, Detached
Details
- Parcel number: 3072501020007.000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Four to Sixplex
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1910
Utilities & green energy
- Gas: Natural Gas Available
- Water: Public
- Utilities for property: Natural Gas Available, Public, Sewer Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Arkansas City
Financial & listing details
- Tax assessed value: $134,560
- Annual tax amount: $1,954
- Date on market: 9/21/2023
- Cumulative days on market: 15 days
- Ownership: Individual
- Tenant pays: Electricity
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,390 +5% | $15,474 +12.6% |
| 2024 | $2,276 +5.7% | $13,748 +13.6% |
| 2023 | $2,155 +10.2% | $12,106 +16% |
| 2022 | $1,954 +1.5% | $10,437 +6.9% |
| 2021 | $1,925 | $9,762 |
| 2020 | -- | $9,762 +0% |
| 2019 | -- | $9,761 +40.7% |
| 2018 | -- | $6,938 |
| 2017 | -- | $6,938 +17% |
| 2016 | -- | $5,931 -2.8% |
| 2015 | -- | $6,104 +33.8% |
| 2014 | -- | $4,563 +32.3% |
| 2013 | -- | $3,450 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | $5,796 +2.7% |
| 2009 | -- | $5,646 -9.4% |
| 2008 | -- | $6,232 +10.4% |
| 2007 | -- | $5,647 -34% |
| 2006 | -- | $8,556 +15.5% |
| 2005 | -- | $7,411 |
| 2004 | -- | $7,411 +1.4% |
| 2003 | -- | $7,307 |
| 2002 | -- | $7,307 +26.3% |
| 2000 | -- | $5,784 |
Find assessor info on the county website
Neighborhood: 67005
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Nearby schools
GreatSchools rating
- 4/10Frances Willard Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Arkansas City Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10Arkansas City High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Adams
- 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.
- Kansas
- Cowley County
- Arkansas City
- 67005
- 505 N 4th St
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