$1,380,000
$1,850,000
25.4%For more information regarding the value of a property, please contact us for a free consultation.
5206 SW 23rd St Topeka, KS 66614
14,520 SqFt
Key Details
Sold Price $1,380,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,520 sqft
Price per Sqft $95
Subdivision None Listed On Tax Record
MLS Listing ID SCK668142
Style Garden
Year Built 1970
Annual Tax Amount $10,989
Tax Year 2025
Property Sub-Type Multi Family
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
Interior
Heating Heat Pump
Cooling Multi Units, Window Unit(s)
Exterior
Garage Description Paved
Utilities Available Natural Gas Available, Sewer Available
View Y/N Yes
Roof Type Other
Building
Structure Type Masonry
Schools
Elementary Schools Mcclure
Middle Schools Marjorie French
High Schools Topeka West
School District Topeka Public Schools (Usd 501)
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
NEARBY SCHOOLS & BUSINESSES