About This Home

This 0-bedroom, 0-bathroom residential multi family at 1724 SE Pennsylvania AVE in Topeka, KS is listed for $618,000. Built in 1959, on a 0.20 acres lot.

Key Features

  • Built in 1959
  • 0.20 acre lot

Property Details

1959
Listing Description

11-Unit Cash-Flowing Rental Portfolio - 10.5% Cap Rate - $618,000 Rare opportunity to acquire a diversified, cash-flowing rental portfolio in one transaction. This package includes 11 units across a mix of single family homes and duplexes, spread across established Topeka neighborhoods, delivering a 10.5% cap rate.

Included Properties: 534 NE Grattan St 536 NE Grattan St 538 NE Grattan St 309 NE Twiss Ave 1232 NW Jackson Ave 3309 SE Indiana Ave 940 & 942 NE Poplar St (duplex) 1724 SE Pennsylvania Ave Up 1724 SE Pennsylvania Ave Down 1523 SW Western 9 of the 11 units are currently occupied and producing rental income, with 2 vacant units offering immediate upside for an incoming investor to set rents at market rate.

Ideal for investors looking to scale a rental portfolio in established, established Topeka neighborhoods. Sold as a package at $618,000.

Monthly Cost Estimate

$3,305/mo

20% down · 6.5% · 30 years

Principal$447
Interest$2,678
Insurance$180

Estimates only. Actual payments may vary.

Location

1724 SE Pennsylvania AVE

Topeka, KS 66607

Drake

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1724 SE Pennsylvania AVE is listed at $618,000. The estimated monthly payment is $3,305 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1959, 0.20 acre lot.

This property is listed by Patrick Habiger.

PH

Patrick Habiger

Agent at Keller Williams One Legacy Partners LLC

Listed by Keller Williams One Legacy Partners LLC · Broker phone: (785) 246-8075 · View on Broker Site

MLS# 246137· Source: Sunflower Association of REALTORS· 73 days on PropertySimple

Copyright © 2026 Sunflower Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1724 SE Pennsylvania AVE, Topeka, KS 66607

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