c.1920 Clean and Updated Kansas Home For Sale $59K

Welcome to this charming 2-bedroom home in the heart of Arkansas City, just a short walk from both the Arkansas and Walnut Rivers. Step inside to find a bright and inviting layout with a spacious living area and functional kitchen, complete with appliances that stay. Recent major updates provide peace of mind for years to come, including: New roof (2020) Updated plumbing (2020) Electrical improvements (2021) Brand-new HVAC system (2024) New water heater (2024) Additional improvements include updated flooring, kitchen countertops, sink, and cabinetry, making this home both comfortable and practical. Investment Opportunity: The property is currently tenant-occupied with a lease in place through October 2026 at $800 per month. This provides immediate, stable cash flow for investors, with the lease transferring to the new owner at closing. Outside, enjoy the oversized lot with plenty of room for a garden, outdoor space, or future expansion. The location is ideal, within walking distance to local restaurants, shops, and community amenities. Whether you’re looking to expand your rental portfolio or secure a well-maintained property with income in place, 410 E Taylor Ave offers strong potential and value. Schedule your showing today!

Pros

• Exceptional Housing Affordability: Real estate prices are well below state and national benchmarks. Typical home values range between $80,000 and $120,000, making it a low-cost market for first-time buyers, retirees, or property investors.

   

• Low Overall Cost of Living: Everyday expenses—such as groceries, utilities, and property taxes—trend nearly 20% below the national average, allowing household budgets to stretch significantly further.

   

• Higher Education Presence: Ark City is home to the main campus of Cowley College, a well-regarded community college that brings vocational training, athletic programs, and cultural events to the local community.

• Strong Community Traditions: The town is famous for Arkalalah, a massive, multi-day fall festival held every October that draws thousands of visitors for parades, carnivals, and street fairs.

• Outdoor Access & Rivers: Positioned near two major rivers and several regional lakes (such as Kaw Lake just across the Oklahoma border), the area provides ample opportunities for boating, camping, and fishing.

Cons

• Limited Job Opportunities: The local economy relies heavily on manufacturing, agriculture, food processing, and local education. Specialized corporate or high-tech career paths are scarce, leading many residents to commute.

• Distance to Major Metros: While daily essentials are covered, Wichita—the nearest major city with a regional airport, large shopping centers, and specialized healthcare—is about an hour’s drive north (approx. 55 miles).

   

• Property Crime Concerns: While violent crime rates remain relatively low, localized property crime and theft rates trend higher than the state average for a town of its size.

   

• Minimal Nightlife & Retail Options: Dining and shopping choices within town limits consist mostly of local diners, fast food, and basic retail. Entertainment options outside of local college events or high school sports are limited.

• Midwestern Weather Extremes: The region experiences intense seasonal shifts, including hot, muggy summers and cold winters, along with seasonal severe weather and tornado risks typical of the Great Plains.