1306 Olive, Winfield, KS 67156
1306 Olive, Winfield, KS 67156
1306 Olive, Winfield, KS 67156
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Listed by Andrew Jones • McCurdy Real Estate & Auction, LLC
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528 SqFt
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1306 Olive Winfield, KS 67156

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Bobbie Lane

Bobbie Lane

+1(316) 990-0697

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 528 sqft

Subdivision Highland Park

MLS Listing ID SCK680423

Style Other

Total Fin. Sqft 528

Year Built 1940

Annual Tax Amount $1,946

Tax Year 2025

Lot Dimensions 22500

Property Sub-Type Other

Source sckansas

Property Description

Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, November 3rd, 2026 at 2:00 PM (ct) | BIDDING CLOSING: Wednesday, November 11th, 2026 at 2:45 PM (ct). Bidding will remain open on this property until 90 seconds have passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! Investment opportunity featuring 9 homes situated on one 0.52± acre lot. Built in 1940, each home offers approximately 528 sq. ft. of living space with a 1-bedroom, 1-bathroom layout. Currently, 6 of the 9 homes are rented, generating a reported gross income of $24,960 annually, or $2,080 monthly. Each home features a living room, formal dining room, kitchen, and hardwood floors. All appliances present transfer with the sale. With multiple homes on one property, this offering provides investors the opportunity to expand their rental portfolio and explore the potential of the existing rental income. Several occupied units are currently rented on a month-to-month basis, providing flexibility tenancy. 1304 Olive is currently rented for $375/month on a month-to-month basis. 1306 Olive is currently rented for $375/month month-to-month basis. 1308 Olive is currently rented for $375/month on a month-to-month basis. 1310, 1312, 1314 Olive are all currently vacant. 202 Michigan is currently rented for $250/month on a month-to-month basis. 204 Michigan is currently rented for $375/month on a month-to-month basis. 206 Michigan is currently rented for $330/month on a month-to-month basis. Whether you're an experienced investor or looking to add multiple rental units to your portfolio, this property offers an opportunity to acquire 9 homes in one location. Selling to the highest bidder, regardless of price! *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller's agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer's premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $15,000. The seller has indicated that the additional payments paid by the tenants on their monthly rent to be put towards their security deposit were not made. There is no security deposit being held by the seller to be transferred to the buyer at closing. A member of the selling entity is a licensed real estate agent in the State of Kansas. Per the seller, a water leak has been identified on the main line coming into the house at 1304 Olive and has not yet been fixed.

Location

State KS

County Cowley

Direction (Winfield) 5th & College - West on 5th Ave., North on Michigan, East on Olive to Property

Rooms

Basement None

Interior

Heating Central Gas, Other - See Remarks

Cooling Electric, Window Unit(s)

Fireplace No

Appliance Range, Refrigerator

Heat Source Central Gas, Other - See Remarks

Exterior

Garage Description On Street, Other

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Composition

Total Parking Spaces 9

Building

Unit Features [{\"UnitTypeActualRent\":250,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK680423Group_1\"},{\"UnitTypeActualRent\":250,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK680423Group_2\"},{\"UnitTypeActualRent\":250,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK680423Group_3\"},{\"UnitTypeActualRent\":250,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK680423Group_4\"},{\"UnitTypeActualRent\":250,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK680423Group_5\"},{\"UnitTypeActualRent\":250,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK680423Group_6\"},{\"UnitTypeActualRent\":250,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK680423Group_7\"},{\"UnitTypeActualRent\":250,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK680423Group_8\"},{\"UnitTypeActualRent\":250,\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"1 Bedroom\",\"UnitTypeKey\":\"SCK680423Group_9\"}]

Architectural Style Other

Structure Type Frame

Schools

Elementary Schools Winfield Scott

Middle Schools Winfield

High Schools Winfield

School District Winfield School District (Usd 465)

Others

Financing Other

NEARBY SCHOOLS & PROPERTIES

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Bobbie Lane

Bobbie Lane

Agent License ID: SP00236700

+1(316) 990-0697

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1306 Olive