Historical GEM Apartments at 10th and Topeka Blvd. Includes 12 secure apartments, 3 commercial spaces, 5 garages, 2 additional offices and a large basement with additional storage space. The apartments all have historical charm with classic moldings and many updates. All have hardwood floors, many have quartz countertops, and many have new decks and balconies. Updates to the building include a new 100-gallon water heater, poured and new concrete breezeway, HVAC in 506 new AC in 510 commercial spaces. 11 units rented at this time. 1 commercial space rented. All apartments have newer Pella windows, balconies, on site laundry, additional storage for tenants, secure building and elevator. Building is on the historical registry and allows for Tax credits. This building is 506, 508 and 510 SW 10th with the apartments at 508 1/2.
What an amazing investment opportunity. With the uprising of downtown Topeka, and all it has to offer, you won't want to miss this one! 30 Units total here, arranged with (14) 1 Bedroom units, (13) 2 Bedroom units, and (3) 3 Bedroom units. Owner has done a tremendous amount of work on this complex within the last year, and updates include: All brand new windows throughout the entire building, all new exterior siding, common areas have all been redone with new carpet, paint, trim, and new lighting. 23 of the 30 units have been completely remodeled thus far. 15 units are currently rented, but that number will be going up daily as units are being done remodeled, renters are moving in. Don't miss out and schedule your showing today!
Exceptional multifamily property awaiting it’s newest owner! Featuring two 3-bedroom, 1-bathroom apartments and two 2-bedroom, 1-bathroom apartments. Fully occupied with total monthly rents of $3,500 ($900 for 3-beds and $850 for 2-beds). Completely remodeled in 2024, this turnkey investment offers modern amenities and strong cash flow from day one.
This multifamily property features three 2-bedroom, 1-bathroom apartments, all fully occupied with current rents of $550 per unit. With minor interior work, rents can be increased to market rates of around $850, offering excellent value add potential. Don’t miss out on this chance to boost your investment portfolio!
This property features four one-bedroom apartments with current rents of $585, $600, and $675, totaling $1,860 in monthly income. While the units need minor work, they are in good livable condition, making this a great investment with potential for value add.
This fully remodeled home features one one-bedroom apartment and two studio apartments, all currently vacant. Expected rents are $750 for the one-bedroom and $650 for each studio. With everything updated from top to bottom, this property offers immediate cash flow for the savvy investor.
2 well maintained duplexes with 2 units each. Each unit is a 1 BR, 1BA with full kitchen and laundry area. Each duplex has off-street parking and a fenced patio area. Close to downtown businesses, restaurants and shops. Being sold as a package with MLS #234902 . Total package price $239,000.00
2 well maintained duplexes with 2 units each. Each unit is a 1 BR, 1BA with full kitchen and laundry area. Each duplex has off-street parking and a fenced patio area. Close to downtown businesses, restaurants and shops. Being sold as a package with MLS #234903. Total package price $239,000.00.
Presenting an outstanding investment opportunity, this income-producing duplex is now available for sale in Topeka, Kansas. Each of the two units in this property offer a well-designed spacious layout with two bedrooms and one bathroom. Featuring hard floors throughout, and in unit laundry hookups, as well as a shared laundry space in the basement. The current rental status is as follows: one unit is tenant-occupied, while the other unit is currently vacant. The detailed rent, utility, and maintenance information is available upon request.
The median home value in Topeka, KS is $169,700. This is lower than the county median home value of $172,600. The national median home value is $338,100. The average price of homes sold in Topeka, KS is $169,700. Approximately 53.18% of Topeka homes are owned, compared to 37.15% rented, while 9.66% are vacant. Topeka real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Topeka real estate agent to arrange a tour today!
Topeka, Kansas 66612 has a population of 126,802. Topeka 66612 is less family-centric than the surrounding county with 29.64% of the households containing married families with children. The county average for households married with children is 30.62%.
The median household income in Topeka, Kansas 66612 is $50,870. The median household income for the surrounding county is $59,848 compared to the national median of $69,021. The median age of people living in Topeka 66612 is 38.1 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 37.7 inches per year, with 15.6 inches of snow per year.