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Heather Stewart

[email protected] +1(316) 204-3645

Listed by Rick W Brock • McCurdy Real Estate & Auction, LLC • OFF: 316-867-3600

Est. payment -/mo

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Pending

123 E Madison Ave Arkansas City, KS 67005

8,352 SqFt

UPDATED:

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

Total Fin. Sqft 8352

Originating Board sckansas

Year Built 1920

Annual Tax Amount $4,073

Tax Year 2024

Lot Dimensions 9825

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

Direction (Arkansas City) E. Madison Ave & S. Summit St. - East to Properties.

Rooms

Basement None

Interior

Heating Forced Air, Wall Furnace

Cooling Window Unit(s)

Flooring Carpet, Wood

Fireplace No

Appliance Range, Refrigerator

Heat Source Forced Air, Wall Furnace

Exterior

Utilities Available Natural Gas, Public Water, Sewer Available

View Y/N Yes

Roof Type Composition

Building

Unit Features [{\"UnitTypeActualRent\":0,\"UnitTypeBedsTotal\":8,\"UnitTypeType\":\"Unit 2\",\"UnitTypeKey\":\"SCK653046Group_2\"}]

Architectural Style Side by Side

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)

Others

Security Features Fenced

Financing None

Heather Stewart

Agent | License ID: SP00049463

+1(316) 204-3645

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Wichita, KS

Heather Stewart

123 E Madison Ave Arkansas City, KS 67005

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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123 E Madison Ave

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