231 W 4th Street
Property Description
Value-add fourplex opportunity in central Junction City! Offered at $210,000-only $50,000 per door. The property appears to feature four 1-bedroom/1-bath units with a mix of existing tenancy and vacant units, giving the next owner an opportunity to generate income while completing improvements and repositioning rents. A recently advertised approximately 750-square-foot unit features a remodeled kitchen, newer windows, central heat and air, off-street parking, and patio and lawn access, with an advertised rent of $725 per month. The property offers approximately 2,918 square feet on a large, level 0.296-acre lot with RM multifamily zoning and on- and off-street parking. One unit reportedly received a brand-new air conditioner in August 2026; exact unit to be verified. Conveniently located near downtown Junction City and within the Geary County Schools USD 475 district. May be purchased separately or considered with the nearby triplex at 321 W 5th Street for a combined seven-door portfolio opportunity. Property, unit configuration, rents, leases, expenses, and financial performance to be independently verified by buyer.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $210,000 |
| No. of Units: | 4 |
| Opportunity Zone: | No |
| Price per unit: | $52,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 4 |
ID: 3yd-HMLSKS-2638525
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