305 Kansas Drive
Iola, KS, 66749 $ 52,000
Bedrooms3 Baths1.0 Sq 1,008 Monthly Estimate*
$ 359
for $52,000 with 3 bedrooms and 1 full bath. This 1,008 square foot home was built in 1977 on a lot size of 0.300735.
Opportunity awaits with this 3 bedroom, 1 bathroom home featuring a garage and an expansive corner lot! In need of a complete remodel, this property offers incredible potential for investors, renovation enthusiasts, or buyers looking to create their dream home. Located just steps from Iola Elementary School, this property offers a convenient location for families and future homeowners alike. Why invest in Iola? The City of Iola's Neighborhood Revitalization Program offers a tremendous incentive for qualifying property improvements! With an approved building permit and qualifying renovations, property owners may be eligible for a 95% rebate on the increase in property taxes resulting from improvements for up to 10 years! This program creates an opportunity to renovate, increase property value, and build equity while potentially saving thousands in additional property taxes over time. Eligibility and approval requirements apply. Beyond the financial incentives, Iola continues to offer exciting opportunities for community growth, recreation, and investment. The community is home to Lehigh Portland State Park, featuring approximately 360 acres of scenic recreation, a beautiful quarry lake, miles of hiking and biking trails, and camping opportunities. This remarkable destination adds to Iola's appeal as a place to live, work, and invest. With its spacious corner lot, proximity to Iola Elementary School, and significant renovation potential, this property is an excellent opportunity for a rental investment, resale project, or complete residential transformation. Whether you're an experienced investor or someone ready to take on a rewarding renovation, now is the time to discover what Iola has to offer. Invest in the property, build equity, and become part of Iola's continued revitalization! Property is being sold as is. Tax rebate eligibility is subject to program requirements and approval.
See more
FeaturesGeneralLiving Area 1008
Sewer Public Sewer
Heating Other
Cooling Electric
Possession Close Of Escrow
Roof Composition
HOA Fee 0
Garage Spaces 1
Construction Materials Frame
Year Built 1977
Property Subtype Single Family Residence
Ownership Investor
County Kansas
Property Type Residential
HOA N
Subdivision Name Other
Garage Y/N Y
Full Baths 1
Status Active
Directions From US Highway 54 in Iola turn north onto Kentucky Street and turn east on Lincoln Street. Follow Lincoln Street to Kansas Drive and turn south. Follow Kansas Drive to 305 Kansas Drive.
City Iola
High School District USD 257 - Iola
MLS Area 490 - Allen County KS
Lot Size Units Square Feet
Lot Size Square Feet 13100
Listing Terms Cash Conventional
Public Remarks Opportunity awaits with this 3 bedroom 1 bathroom home featuring a garage and an expansive corner lot! In need of a complete remodel this property offers incredible potential for investors renovation
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN N
See more
InteriorBasement Concrete Crawl Space
Basement (Y/N) N
Air Conditioning Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1008
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 0
Floor Plan Features Ranch
See more
ExteriorParking Features Attached Converted Garage Garage Faces Front Off Street
Lot Features City Limits City Lot Corner Lot
Water Source City/Public - Verify
Lot Size Area 13100
See more
* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $359
- Monthly Property Taxes
- $67
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Iola, KS
Average List Price $171,372
Percent of Sale Price 230%
About Iola, KS 5,484 Population
-12% Since 2002
$ 39,959 Median Income
36.07 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4684746 Elementary School
4684775 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/2/2026 | $52,000 | | Listed Price |
305 Kansas Drive, Iola, KS, 66749 is a Single Family Home for sale at $52,000 with 1,008 sqft and a lot size of 0.300735. 305 Kansas Drive has 3 bedrooms, 1.0 baths, and was built in 1977. The property's zip code is 66749 which is in Iola, KS