$125,000

124 W 3rd Ave Garnett, KS 66032

$1,484
Closing credit¹
Multi-Family

Property details

About 124 W 3rd Ave

**Prime Fixer-Upper with Income Potential: Two Units & Office Space with Tenants** Explore the potential of this investment property, currently tenanted and ripe for renovation. Offering two residential units and an office space, this fixer upper is ideal for investors eager to enhance and maximize return on investment. The first residential unit features a 3-bedroom, 1-bathroom layout. Original design elements provide the perfect canvas for a modern update, allowing you to customize the space to meet contemporary standards and resident expectations. Large windows invite abundant natural light, enhancing the vibe of the home. The second unit offers a cozy 1-bedroom, 1-bathroom setting, suitable for singles or couples. With some thoughtful upgrades and attention to detail, this unit can be transformed into a charming and attractive rental space. A small office area completes the property, accessible via a separate entrance. This versatile space can cater to small business or free lancer, further boosting rental income once updated to suit modern needs. Currently occupied, the property already generates income while you plan updates and enhancements. Located in a convenient neighborhood close to amenities. Seize the chance to add value and expand your investment portfolio with this income-generating fixer upper. The existing tenancy provide immediate income, setting the stage for future profitably post-renovation. Don't miss out on this opportunity to turn potential into profit. Schedule a viewing today and see the possibilities firsthand!

Highlights

Home typeMulti Family
HeatingNatural Gas
StatusActive
CoolingWindow Unit(s)
ParkingOff Street
MLS #2527510

Summary

  • MLS Number: 2527510
  • MLS Name: HMLS
  • Office Name: Crown Realty
  • Office Phone: (620) 228-1413
  • Listing Agent: Jennifer Chester

IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Copyright 2025, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Properties displayed may be listed or sold by various participants in the MLS. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 12:54:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of bungalow-style home

$125,000

124 W 3rd Ave

$1,484

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$6,652$904
2023$6,102$-
2022$5,497$-
2021$4,469$-
2020$4,313$-
2019$4,094$-
2018$4,209$-
2017$4,048$-

History based on county public records data.

Nearby schools

4

Garnett Elementary School

Public District PK-6

0.9 mi

403 W Home Run Dr

5

Central Heights Elementary School

Public District PK-5

12.9 mi

3521 Ellis Rd

7

Parker Elementary School

Public District PK-5

14.1 mi

421 N Center Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,780. The majority of Garnett, KS residents have income less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

53%
<35k
41%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
13%
Single, with Kids
24%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
32%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Pro WrestlingPro Wrestling
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • DodgeDodge
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • OldiesOldies
All data provided by Home Junction and Claritas

This home is located at 124 W 3rd Ave in Garnett, KS and zip code 66032. Features: 0 bathroom. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $125,000.

In March 2025 in Garnett, KS there were 14.8% more homes for sale than in February. In March 2025, listings were on the market for 113 days. During the same period, the median list price in this real estate market was $175,000.

From Rocket Homes Real Estate and based on county public records data.

More resources