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512 E Monroe Street, 
Iola, KS 66749

$175,000


1

Bed


1

Bath


8,217

Sq Ft


Condo

Active

Listed by

Jennifer Chester

Crown Realty

620-266-4181

Last updated:

April 18, 2026, 02:26 PM

MLS#

2614394

Source:

MOKS HL

About This Home

512 E Monroe Street

Rare Historical Gem: The Iola "Flat Iron" Opportunity Own a piece of Southeast Kansas history with this striking 1920s brick "flat iron" building in the heart of Iola. Spanning approximately 5,500 square feet across two expansive levels, this structure offers the perfect canvas for an investor or creative visionary. *Prime Location & Connectivity* Iola is perfectly positioned as a regional hub, centrally located approximately 100 miles between Kansas City, Wichita, and Tulsa. This strategic "middle of everywhere" location makes it an ideal spot for a destination business or a unique residential retreat that stays connected to major metropolitan centers via US-169 and US-54. *A Community on the Rise* The timing for this investment couldn't be better. Iola is experiencing a surge of new energy and development, most notably the brand-new Lehigh Portland State Park. Set to open its visitor center and campgrounds in May 2026, this flagship state park features over 14 miles of trails and a stunning quarry lake, drawing outdoor enthusiasts from across the region. With additional projects like a new maker space, a boutique hotel in the works, and a growing downtown scene, Iola is the place to be. *Endless Possibilities* The architectural character of this classic build is undeniable. The "flat iron" footprint provides a unique aesthetic that stands out in any portfolio: *Main Level:* Ideal for a vibrant art gallery, boutique retail, or a modern professional studio. *Upper Level:* Perfect for a luxury industrial loft conversion with high ceilings and expansive square footage. *Key Features:* * Built circa 1920 * ~5,500 Total SQFT * Iconic Brick Exterior * Proximity to Lehigh Portland State Park * Unbeatable Central Kansas Location *Don't miss the chance to restore and redefine one of Iola's most unique structures during this exciting period of growth.** Schedule a showing today to explore the potential of this historical treasure!

Home Facts

Condo

1 Bath

1 Bedroom

Built in 1920

Price Summary

175,000

$21 per Sq. Ft.

MLS #:

2614394

Last Updated:

April 18, 2026, 02:26 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

8,217 Sq. Ft.


Structure

Structure

Architectural Style:

Loft

Building Area:

8,217 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):


Finances & Disclosures

Finances

Price:

$175,000

Price per Sq. Ft:

$21 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.