under $150,000 property in Cherryvale Kansas
$
89,000
Pending
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Cherryvale, Kansas
729 E 4th St
3
Beds
1
Baths
1376
Sq Ft
1890
Built

Historic, Fireplace, Character Home

1890 Cherryvale Bungalow with Original Fireplace on Corner Lot — $89,000

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%71890 bungalow, original fireplace, bonus room, corner lot, 1376 sqft
Condition25%6Move-in ready claimed; mixed windows (original + newer); no system dates given
Price / Sq Ft15%10$65/sqft vs $146 zip median — 55% below; thin 6-comp data but strong signal
Price vs. Market5%3$89K vs $272K zip median — likely skewed by acreage/diverse sales in zip
Market Conditions5%746.2% price drops is strong buyer signal; DOM 18 median, sale-to-list 95%

The fireplace is the thing. An original ornate fireplace, still in the primary bedroom of a house built in 1890, is not something you stumble across often. Most houses that old have had their character renovated out of them. This one still has it where it counts.

At $65 per square foot, this is priced well below what comparable square footage moves for in the zip code, where the median sits around $146. That gap is wide enough to be meaningful even accounting for the thin comp data and the way diverse sales can skew a zip median. The price reduction signal in this market is also worth knowing: nearly half of active listings in the area have taken a cut. That context matters when you are deciding how hard to negotiate.

The house is 1,376 square feet on a corner lot, built in 1890, three bedrooms and one bath. The kitchen has cabinet storage and a glass-tile backsplash. Off the kitchen there is a utility room and pantry. The bathroom sits between the kitchen and a bedroom, accessible from both. The bonus room off the primary is listed as a potential fourth non-conforming bedroom, office, or flex space. It is small enough that the listing is careful about calling it a bedroom, but it adds room to work with.

Windows are a mix: some original with storm windows added, some newer double-pane. The listing does not give dates on any of the systems, which is the thing you would want to pin down before closing. Heating, cooling, roof age, plumbing condition. The house is described as move-in ready, but 134 years is a long time, and you should know what has been updated and when.

What you get here is a solid older house with a genuinely interesting original feature, on a corner lot, at a price that leaves room to invest in the things you want to know more about. For someone who wants a historic house they can settle into and improve over time, $89,000 makes that possible without overextending.

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