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About This Home

This 1-bedroom, 0-bathroom single family at 515 S Madison Street in Junction City, KS is listed for $75,000 ($174 per sqft). Built in 1952, the home offers 432 sqft of living space on a 0.10 acres lot.

Agent Description

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.

Key Features

  • Built in 1952
  • 0.10 acre lot

Property Details

1 full
1952

Amenities

A/C

Monthly Cost Estimate

$401/mo

20% down · 6.5% · 30 years

Principal$54
Interest$325
Insurance$22

Estimates only. Actual payments may vary.

Location

515 S Madison Street

Junction City, KS 66441

Features & Amenities

Interior Features

Ceiling Fan(s)

Property Details

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 1-bedroom, 0-bathroom single family at 515 S Madison Street is listed at $75,000 ($174/sqft). The estimated monthly payment is $325 based on 20% down at 6.5% interest.

Key features include: Built in 1952, 0.10 acre lot. Interior Features: Ceiling Fan(s).

This property is listed by Patricia Stalder and can be reached at 7857623400 or tricia@mathislueker.com.

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PS

Patricia Stalder

Agent at Mathis Lueker Real Estate

(785) 762-3400

Listed by Mathis Lueker Real Estate · View on Broker Site

MLS# 20260024· Source: listhub· Updated 205 days ago

Copyright © 2026 Flint Hills Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

515 S Madison Street, Junction City, KS 66441

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