123 E Madison Ave Pending Save Request In-Person Tour Request Virtual Tour
Arkansas City,KS 67005
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 8,352 sqft
MLS Listing ID SCK653046
Style Side by Side
Year Built 1920
Annual Tax Amount $4,073
Tax Year 2024
Property Sub-Type Multi Family
Property Description
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.
Location
State KS
County Cowley
Interior
Heating Forced Air,Wall Furnace
Cooling Window Unit(s)
Flooring Carpet,Wood
Exterior
Utilities Available Natural Gas,Public Water,Sewer Available
View Y/N Yes
Roof Type Composition
Building
Structure Type Stucco
Schools
Elementary Schools I X L
Middle Schools Arkansas City
High Schools Arkansas City
School District Arkansas City School District (Usd 470)