c.1876 Four Bedroom Kansas Handyman Special Reduced to Under $70K
OHU50K Notes $74,500 Reduced to $69,500
c.1876 Four Bedroom Kansas Handyman Special. This house is a beauty! With some elbow grease it will shine bright! In a great location close to parks and coffee shop.

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 full bath. 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 bed
- 1.5 bath
- 2,088 sqft
- 4,560 sqft lot
- Circa 1876







Pros
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Low cost of living
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The cost‐of‐living index for Parsons is ~79 (with 100 being U.S. average), meaning living expenses are ~20–25% lower than the national average.
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Median home values are very low relative to many parts of the U.S. (e.g., ~$77,650 per Zillow) in recent data.
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Housing index is especially low (about 47 in one measure) versus national average of 100.
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Because of these factors, Parsons may appeal if your budget is tighter, or you’re looking for lower‐cost home ownership.
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Smaller town / community feel
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With a population around ~10,000, Parsons offers a more “small town” environment.
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There are local amenities: e.g., the Parsons Arboretum and the local farmers’ market are cited for giving character and outdoor/green‐space value.
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For someone who prefers a slower pace, less big‐city congestion, or closer community ties, this can be a pro.
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Outdoor recreation & green space
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The Arboretum, walking trails, parks, etc. provide options for outdoor enjoyment.
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The small size also means potentially less traffic and commute time (though more on that below).
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Reasonable commute & car‐friendly
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Data shows average commute time is very short (~10.5 minutes) in Parsons.
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If you drive, you’ll have less of the long-commute stress common in larger metro areas.
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Cons
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Crime / safety concerns
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Reports indicate elevated crime rates relative to national averages: the violent crime rate is ~143% higher than national average in one analysis.
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Some user reviews express significant concern about theft, drugs, and a sense of insecurity.
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It means you’ll likely want to do extra due‐diligence on neighborhoods, choose housing carefully, and understand local safety dynamics.
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Economic challenges & income levels
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Median household incomes are quite a bit below national averages. Example: ~$41,091 in one report vs ~$67,500 nationally.
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Poverty rate is higher — ~20% in one source, which is well above national average.
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Job opportunities may be more limited compared to bigger metro areas; growth may be slower.
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Population decline / limited amenities
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The city’s population has been shrinking modestly.
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Being farther from major metro hubs means fewer big-city amenities (e.g., specialized healthcare, big entertainment, etc.).
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If you rely on lots of options — arts, nightlife, varied dining — you might feel limited.
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Housing market caveats
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While homes are low cost, there may be fewer new builds, higher maintenance in older homes, and less appreciation compared to hot markets. Zillow data shows a drop (~4.9%) over the past year in one measure.
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When houses are very inexpensive, it can also mean there are more properties needing work, or neighborhoods that may not have full investment.
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1505 Broadway Ave, Parsons, KS 67357 $74,500 Reduced to $69,500
- Contact Realtor: Rhonda Sutherland
- Google Map
- Niche
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