If you're searching for a promising investment opportunity at an affordable price point, this property package in Cherryvale, Kansas, should be at the top of your list. Offering two separate homes, this is a rare chance to acquire income-producing real estate and a value-add project in one transaction. Whether you're an experienced investor expanding your portfolio or someone ready to get started in the rental or flip market, this bundle provides flexibility, potential, and return on investment. The first property is a 3-bedroom, 1-bath home situated on a spacious lot. It offers ample outdoor space, making it an attractive option for tenants or future buyers. The interior is structurally sound and presents a great opportunity for light renovation or cosmetic updates to quickly increase its rental value or resale price. With a functional layout and solid foundation, this home is perfect for generating immediate cash flow with minimal upfront investment. The second property has been completely gutted, making it a blank canvas for your vision. Investors will appreciate that much of the hard demolition work has already been completed, saving both time and cost. This home features new metal siding and an updated air conditioning unit, offering a strong head start for renovation. Whether you're planning a long-term rental, flip, or custom build, the flexibility of this space allows you to design and complete it your way. Combining a rent-ready home with a renovation-ready property, this listing provides both short-term income and long-term value. Located in a quiet town with steady rental demand and a low cost of ownership, Cherryvale offers a practical and profitable market for investors. Opportunities like this-two homes for one price-are rare and worth serious consideration if you're looking to build or grow your investment portfolio. Key Features: Two properties included in one sale First home: 3 Bed / 1 Bath on a spacious lot Second home: Fully gutted and ready for renovation New metal siding and updated A/C unit on second property Great investment potential with strong ROI possibilities Located in Cherryvale, KS Ideal for long-term rental income or a flip project Affordable entry into real estate investing
For sale
$20,000
536 W Front St, Cherryvale, KS 67335
0beds
0baths
1,792sqft
Est.:
Single Family Residence
Built in ----
0.28 Acres Lot
$-- Zestimate®
$11/sqft
$-- HOA
What's special
Light renovationFunctional layoutSpacious lotCosmetic updatesUpdated air conditioning unitSolid foundationNew metal siding
- 11 days
- on Zillow |
- 292 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: May 16, 2025 at 07:46am
Listed by:
918-214-2955,
L2 Realty, Inc
Source: My State MLS,MLS#: 11486574
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,792
- Total interior livable area: 1,792 sqft
- Finished area above ground: 1,792
Property
Lot
- Size: 0.28 Acres
Details
- Parcel number: 1030804006003010
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 0
Community & HOA
HOA
- Has HOA: No
Location
- Region: Cherryvale
Financial & listing details
- Price per square foot: $11/sqft
- Tax assessed value: $13,520
- Annual tax amount: $458
- Date on market: 5/16/2025
- Date available: 04/24/2025
- Listing agreement: Exclusive
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