Airbnb for Sale in Manhattan, KS: Turnkey Short-Term Rental Near Kansas State University

If you're looking for an Airbnb for sale in Manhattan, Kansas, or a short-term rental investment property near Kansas State University, 1224 Pierre St is already doing the work most investment listings only promise. This is an established, currently operating Airbnb — not a projection, not a "could be a great rental." It has a real booking history, and has historically averaged approximately $35,000 a year in gross revenue (seller-reported; buyer to verify).

The house itself is a 1920 character home with hardwood floors, a formal dining room, and fresh paint — three bedrooms, two full bathrooms, 1,724 square feet. That character is exactly what tends to perform well on short-term rental platforms, because it doesn't read like a builder-grade unit. Recent upgrades include a radon mitigation system and newer mini-split heating and cooling, addressing the two considerations that matter most on a home of this age.

Location is a real factor in this property's rental performance: it's close to campus and downtown Manhattan activity, which drives short-term-rental demand around game weekends, campus events, and visiting guests throughout the year.

For an investor, the appeal of a listing like this is the lower-risk pitch: whoever buys 1224 Pierre St can keep the existing calendar running rather than starting a new listing from zero reviews and an unproven nightly rate. The home does not have a garage — common for an in-town 1920 build — and the basement is partial and unfinished, best thought of as storage rather than additional living space.

Asking price is $239,900. If you're researching turnkey Airbnb properties in Manhattan, Kansas, short-term rental investments near K-State, or established vacation rentals in Riley County, this is one worth a closer look — and worth seeing the actual numbers behind it.

MLS 20262396.

📲 DM me for a private showing: (785) 477-5485
✉️ kyle@homesforsalemhk.com

Kyle Powers | Licensed Realtor
Haven Real Estate Group at eXp Realty