Home of the Day: Affordable Fixer-Upper Ideal for Investors

Home of the Day: Affordable Fixer-Upper Ideal for Investors

If you’re looking for a project with real upside, this one earns a closer look.

Located at 813 University Place in Salina, this twin home / half duplex is listed at just $47,500, making it one of the most affordable residential properties currently on the market. Built in 1940, the home offers 1,871 square feet of above-ground living space on a 0.20-acre city lot, with solid bones and plenty of room to reimagine.

The layout includes 3 bedrooms and 2 full bathrooms, all on a 1 to 1Β½-story floor plan, plus an unfinished basement that provides additional storage or future potential. There is no garage, but the lot size allows flexibility for exterior improvements depending on buyer goals.

This property sits in the USD 305 school district, serving Cottonwood Elementary and Lakewood Middle School, and is located near the university area, making it a strong candidate for long-term rental, flip, or owner-occupied renovation.

At 81+ years old, this home will require updates, but that’s the point. For buyers willing to put in the work, this is a chance to add value in a central Salina location at a price point rarely seen anymore.

πŸ“ 813 University Pl, Salina, KS 67401
πŸ’² $47,500
πŸ› 3 Bedrooms | πŸ› 2 Baths
πŸ“ 1,871 sq. ft. | 0.20 acres
🏠 Twin Home / ½ Duplex
🧱 Unfinished Basement

Listed by Tammy Shirack with Millwood Realty, Inc.
MLS #667044 | Days on Market: 3

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