4 Bedroom c.1876 Kansas Home W/Hardwoods Under $50K

OHU50K Notes $49,900

4 Bedroom c.1876 Kansas Home W/Hardwoods. This home with curb appeal is located in a wonderful historic part of town. Just off Main st within walking distance to shops, restaurants and museums.

Porch featured at 1505 Broadway Ave, Parsons, KS, 67357

Realtor Comments

Welcome to this ideally located home, just a short walk from schools, a college, restaurants, and shopping. This 4-bedroom, 1.5-bath property spans 2088 square feet across 8 rooms, making it suitable for various residential purposes. Whether you’re a homeowner, landlord, or investor, this is a great opportunity. The surrounding homes reflect the pride of the neighborhood. The main floor features a living area, a versatile bedroom/office/den, formal dining room, kitchen (with laundry), and a spacious half bath that could be converted into a full bath. Upstairs, you’ll find a large landing area, 3 bedrooms, and a spacious bath with walk-in shower. The home includes 2 heating/air units and 2 water heaters. Hardwood floors run throughout, except in the kitchen and bath. A detached garage with alleyway access adds convenience. While the exterior needs scraping, painting, and some window repairs, the price makes it an incredible value. Contact us for a private viewing!

4 beds
1.5 bath
2,088 sqft
4,560 sqft lot
Build date 1876

Exterior featured at 1505 Broadway Ave, Parsons, KS, 67357

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

1505 Broadway Ave, Parsons, KS 67357 $49,900

Contact Realtor: Rhonda Sutherland
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More featured at 1505 Broadway Ave, Parsons, KS, 67357

Parsons, Kansas is a mid-sized rural city in Labette County with a population of around 9,200 residents. Rooted in a deep history as a historic railroad hub, modern Parsons functions as a regional center for manufacturing, healthcare, and education in Southeast Kansas.

Pros of Parsons, KS

Highly Affordable Living: Parsons is consistently recognized as one of the most affordable places to live in Kansas. The median home value sits around $81,000 to $100,000, which is more than 40% below the national average. This makes the town incredibly friendly for first-time buyers and retirees.
Diverse Industrial Job Market: Unlike many small rural towns that depend solely on agriculture, Parsons features a robust manufacturing and industrial base. Major local employers include companies like Tank Connection, Ducommun, and Day & Zimmermann, providing plenty of blue-collar and production career options.
Regional Healthcare Hub: The city hosts Labette Health, a highly respected regional hospital network. Residents enjoy instant access to comprehensive medical, emergency, and specialty care without having to drive to a distant metropolitan area.
Higher Education On-Site: The presence of Labette Community College right in town brings academic opportunities, workforce training, adult education, and community athletic events directly to the local population.
Award-Winning Main Street: The historic commercial core has been designated a National Great American Main Street due to preservation and revitalization efforts. It features an old-fashioned soda fountain, local boutiques, and community festivals like the annual Katy Days Festival, which celebrates the town’s early railroad heritage.

Cons of Parsons, KS

Stagnant Household Incomes: While the cost of living is low, local wages reflect the rural area. The median household income is roughly $53,000, which trails both the state and national averages, and the poverty rate sits higher than the national standard.
Limited Big-Box Retail & Dining: Everyday amenities are somewhat lean. Residents rely on a single local Walmart and one standard grocery store within town lines. For specialty retail, department stores, or diverse culinary experiences, locals must drive 30 minutes to Pittsburg, KS, or cross state lines into Joplin, MO.
High Sales Tax: To balance local infrastructure budgets, the combined sales tax rate in Parsons sits at 9.25%. This is notably high for a smaller community and adds a premium to everyday local purchases.
Aging Housing Stock: A large percentage of the residential property footprint consists of homes built in the early 1900s, such as 1920s Craftsmans and bungalows. While full of character, buyers frequently face the hidden costs of updating aging electrical, plumbing, and structural foundations.
Lack of Entertainment for Young Adults: Beyond outdoor recreation, high school sports, and local community college functions, nightlife is practically non-existent. The slow pace can feel restrictive or isolating for younger professionals looking for an active social scene.