817 SW Tyler ST Active

Topeka,KS 66612

$ 995000

24 Beds

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Original Town

MLS Listing ID 238979

Style Garden

Bedrooms 24

Year Built 1977

Annual Tax Amount $12,950

Property Sub-Type Apartment

Source sunflower

Property Description

Investment Opportunity: 24-Unit Apartment Complex in Prime Topeka Location This 24-unit apartment complex offers immediate cash flow and long-term upside, with 21 units currently occupied and 3 units vacant. Featuring a mix of one-bedroom and two-bedroom units, the property generates a solid monthly rental income of $14,005. With potential of $16,800 by bringing the average rent to $700 a door from $666 a door. Some Utilities paid by tenants. Tenants enjoy off-street parking and access to a central laundry facility, adding convenience and value to their living experience. Located in the heart of Topeka—just minutes from Topeka High School, the State Capitol, Evergy Plaza, and the shops and restaurants along revitalized Kansas Avenue—this complex is perfectly positioned for renters seeking walkable access to the city's top amenities. A strong performer in a prime area, this property is a smart addition to any investment portfolio.

Location

State KS

County Shawnee County

Zoning M-3 Multi-Family

Direction Traveling on S Topeka BLV turn west on 9th and north on Tyler. Property is on the west side of the road.

Interior

Heating Electric

Cooling Electric

Flooring Slab

Fireplace No

Appliance Refrigerator,Range,Dishwasher,Washer,Dryer

Exterior

Parking Features Paved,On Site

Roof Type Composition

Total Parking Spaces 24

Building

Building Description Frame, Central Laundry

Faces Traveling on S Topeka BLV turn west on 9th and north on Tyler. Property is on the west side of the road.

Unit Features [{\"SUN_BedroomsVacantYN\":\"No\",\"SUN_BedroomsLeasedYN\":\"Yes\",\"UnitTypeType\":\"Unit 1\",\"UnitTypeBedsTotal\":10,\"SUN_BRSqFtRange\":\"500 to 750\",\"UnitTypeKey\":\"SUN238979Group_1\"},{\"SUN_BRSqFtRange\":\"500 to 750\",\"SUN_BedroomsVacantYN\":\"Yes\",\"SUN_BedroomsLeasedYN\":\"Yes\",\"UnitTypeType\":\"Unit 2\",\"UnitTypeBedsTotal\":14,\"UnitTypeKey\":\"SUN238979Group_2\"}]

Sewer Public Sewer

Architectural Style Garden

Structure Type Frame

Schools

Elementary Schools Meadows Elementary School/Usd 501

Middle Schools Robinson Middle School/Usd 501

High Schools Topeka High School/Usd 501

Others

Tax ID R26215

View More
Favorite Go Tour