5206 SW 23rd St, Topeka, KS 66614
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5206 SW 23rd St, Topeka, KS 66614
5206 SW 23rd St, Topeka, KS 66614
5206 SW 23rd St, Topeka, KS 66614
5206 SW 23rd St, Topeka, KS 66614
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Listed by Bobbie Lane • Real Broker, LLC
$ 1,850,000
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Pending

5206 SW 23rd St Topeka, KS 66614

14,520 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 14,520 sqft

Price per Sqft $127

Subdivision None Listed On Tax Record

MLS Listing ID SCK668142

Style Garden

Total Fin. Sqft 14520

Year Built 1970

Annual Tax Amount $10,989

Tax Year 2025

Lot Dimensions 51479

Property Sub-Type Multi Family

Source sckansas

Property Description

This multifamily portfolio features three apartment buildings located in Southwest Topeka, offering investors a value-add opportunity in a stable rental market. The properties are currently operating at 69%+ occupancy, providing immediate cash flow with upside potential through lease-up and operational improvements. The buildings offer a practical unit mix and functional layouts attractive to the local renter base. With convenient access to major roads, employers, shopping, and services, these properties are well positioned for long-term demand. Properties may be sold together as a portfolio or evaluated individually (subject to seller terms). Financials, rent roll, and additional property details available upon request. Do not disturb tenants. Showings by appointment only.

Location

State KS

County Shawnee

Direction Corner of SW 23rd & Fairlawn

Rooms

Basement None

Interior

Heating Heat Pump

Cooling Multi Units, Window Unit(s)

Fireplace No

Appliance Range

Heat Source Heat Pump

Exterior

Garage Description Paved

Utilities Available Natural Gas Available, Sewer Available

View Y/N Yes

Roof Type Other

Total Parking Spaces 10

Building

Architectural Style Garden

Structure Type Masonry

Schools

Elementary Schools Mcclure

Middle Schools Marjorie French

High Schools Topeka West

School District Topeka Public Schools (Usd 501)

Others

Financing Other


NEARBY SCHOOLS & PROPERTIES

Heather Stewart

Heather Stewart

Agent | License ID: SP00049463

+1(316) 204-3645

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5206 SW 23rd St