$195,000

605 Ratone Ln Manhattan, KS 66502

Goodnow Park Neighborhood

Estimated payment $1,236/month

Total Views 831
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 16,052 Sq Ft lot
  • New Roof
  • Central Air
  • Manhattan High School Rated A
  • No HOA
  • Wood Siding

About This Home

Are you searching for a truly turnkey investment opportunity in the highly desirable Manhattan rental market? Look no further than 605 Ratone Lane, an up-and-down duplex that combines reliability, location, and immediate rental income. This property features a brand-new roof installed in the summer of 2025 and is professionally managed by Frontier Property Management. Both units are fully occupied with leases secured through July 2026, providing stable rental income from day one. Residents benefit from convenient on-site laundry and off-street parking—amenities that help maintain tenant satisfaction and retention. With professional management already in place and long-term tenants on lease, this is a rare opportunity to step into a low-maintenance, income-producing asset. Don’t miss out on this excellent investment! Call Ryan Sajdera at 715-588-3245 for more information or to schedule a private showing.

Listing Agent

Ryan Sajdera

K.W. One Legacy Partners License #SP00247317 Listed on: 09/10/2025

Co-Listing Agent

Madeline Harder

K.W. One Legacy Partners License #SP00252691

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,369

Year Built

  • Built in 1950

Home Design

  • Converted Dwelling
  • New Roof
  • Architectural Shingle Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.37 Acre Lot
  • Central Air
  • Partially Finished Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,369

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Converted Residence
  • PoolFeatures: None
  • Road Surface Type: Gravel
  • Co List Office Mls Id: FHR129
  • Co List Office Phone: 785-246-8075
  • Directions: From Anderson Avenue, turn North onto N Juliette. Turn East onto Ratone Ln. Property will be on the left.
  • Interior Features: Other
  • Year Built: 1950
  • Tax Year: 2024
  • PricePerSqFt: 12.15
  • DistressedProperty: Not Applicable
  • GeneralTaxes: 2368.78
  • PetsAllowedYN: Yes
  • FHR_LeaseExpires: 2026-07-27
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • NumberConformingBedrooms: 4

Exterior Features

  • Roof: Architecture Dimensioned, New
  • Construction Type: Wood Lap
  • Exterior Features: Other

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Manhattan-Ogden USD 383

Lot Info

  • Fencing: None
  • Lot Size Sq Ft: 16052

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2368.78

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 For Sale $195,000 +30.0% --
10/12/2022 10/12/22 Sold -- -- --
09/12/2022 09/12/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $150,000 -- $76 / Sq Ft
Source: Flint Hills Association of REALTORS®

Source: Flint Hills Association of REALTORS®

MLS Number: FHR20252461

Flint Hills Association of REALTORS®
Kansas Riley County Manhattan 66502 Goodnow Park

605 Ratone Ln, Manhattan, KS

This home is located at 605 Ratone Ln, Manhattan, KS 66502 and is currently priced at $195,000. This property was built in 1950. 605 Ratone Ln is a home located in Riley County with nearby schools including Bluemont Elementary School, Dwight D. Eisenhower Middle School, and Manhattan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Flint Hills Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information is deemed reliable, but not guaranteed.

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Ryan Sajdera
Listing Agent
Ryan Sajdera
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K.W. One Legacy Partners
(785) 329-9816