202 Market StCenterville, KS 66014

Property Details for 202 Market St

Year built

1914

Construction

FRAME

Lot size

0.06 AC

Property size (Sq ft)

897 SF

Zone code

R1

Property type

Banks

APN

144-17-0-10-11-006.00-0

APU

1441701011006000

Description

This unique Centerville, KS property presents a versatile investment opportunity. Priced at $67,500, this building offers a comfortable single apartment with all the conveniences of home. Features include a full kitchen, central heating and air conditioning, a washer/dryer, a new hot water heater, and a gas stove. Plumbing is updated with PEX piping. The property boasts ample parking, a significant advantage given its corner lot location. The peaceful Centerville area is known for its excellent hunting opportunities, making this an ideal location for outdoor enthusiasts. An adjacent building is also available for purchase, providing additional storage space—perfect for storing ATVs, processing game, or simply for extra storage needs. Previously used as a deli, this second building has been converted for alternative uses. Because Centerville is unincorporated, the property offers flexibility for either residential or commercial use, opening up a wide range of possibilities for the discerning buyer. This combination of residential comfort and potential commercial applications makes this a truly unique and attractive investment.

• CAP approach

  CAP return

  Valuation

  6%

  $221,887

  6.5%

  $204,819

  7%

  $190,189

• Comparable approach

  Method

  Valuation

  Relative Method

  $161,689

  Geo Method

  $161,689

• Alternative Use

  Use

  Valuation

  Residential

  $172,772

  Hospitality

  $158,258

  Educational

  $131,669

  Medical

  $136,197

  Retail

  $204,819

Location Insight

City

Centerville

County

Linn

State

Kansas

Latitude

38.2193

Longitude

-95.0146

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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