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For sale
  • $75,000

    515 S Madison St, Junction City, KS 66441

    1beds
    432sqft
    : 
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    Single Family Residence
    Built in 1952
    4,356 Square Feet Lot
    $-- Zestimate®
    $174/sqft
    $-- HOA

    What's special

    This 1 bedroom, 1 bathroom single-family home located at 515 S Madison offers an affordable entry point for investors looking to add a cash-flowing property to their portfolio. The home is currently tenant-occupied at $525/month, providing immediate rental income from day one. Situated on a shared lot, this property will require a lot split, creating an excellent opportunity for buyers to add value through subdivision and future resale or redevelopment. With strong rental demand in the area and low operating costs, this property is well-suited for investors seeking steady income with upside potential. Whether you’re a seasoned investor or looking for your next rental, this property presents a unique chance to secure an income-producing home with room to grow.
    184 days
    |
    104
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Patricia Stalder 785-762-3400,

    Mathis Lueker Real Estate

    Source: FHARMLS as distributed by MLS GRID,MLS#: 20260024MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: Main
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s)
      • Basement: Slab
      Interior area
      • Total structure area: 432
      • Total interior livable area: 432 sqft
      • Finished area above ground: 432

      Property

      Features
      • Exterior features: None
      • Pool features: None
      • Fencing: None
      Lot
      • Size: 4,356 Square Feet
      Details
      • Zoning: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Unknown
      Condition
      • Year built: 1952

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $174/sqft
      • Annual tax amount: $2,404
      • Date on market: 1/5/2026
      • Cumulative days on market: 294 days
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $795/mo

        Price history

        DateEventPrice
        1/5/2026Listed for sale$75,000$174/sqft
        Source: FHARMLS as distributed by MLS GRID #20260024 Report a problem
        9/28/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/21/2023Listed for rent$500$1/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        Tax history is unavailable.

        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: 66441

        Getting around

        56 / 100
        Somewhat Walkable
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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