About This Home

This 2-bedroom, 1-bathroom single family at 1523 SW Western AVE in Topeka, KS is listed for $618,000 ($672 per sqft). Built in 1952, the home offers 920 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1952
  • 0.23 acre lot

Property Details

1 full
1952
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 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

1523 SW Western AVE

Topeka, KS 66604

Highland Crest

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1523 SW Western AVE is listed at $618,000 ($672/sqft). 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 1952, 0.23 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# 246144· Source: Sunflower Association of REALTORS· 70 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.

1523 SW Western AVE, Topeka, KS 66604

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