$199,900
$20K PRICE DROP

Estimated payment $1,283/month

Total Views 171,217
4 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Multi-family home with great potential! This 2-story property features 4 units under one roof. Gas and Electric are separate metered and can be moved back to tenant pay. With the income at $3,081 a month this is well under the 1% rule and would make a great addition to any portfolio. #1 $731 (lease ends 9/30/25) #2 $750 (lease ends 2/28/26) #3 $875 (lease ends 11/31/25) #4 $725 (lease ends 12/31/25)

Last Listed By

John Ringgold

KW One Legacy Partners, LLC License #00051961 Listed on: 02/07/2025

KW One Legacy Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1920

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Converted Dwelling
  • Composition Roof

Schools

  • Lowman Hill Elementary School
  • Robinson Middle School
  • Topeka High School

Additional Features

  • 4 Bedrooms
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number R14449

Community Details

Overview

  • 3 Units
  • Kings Addn Subdivision

Building Details

  • 4 Leased Units
  • Gross Income $3,081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,988

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Co List Office Mls Id: SUN359
  • Co List Office Phone: 785-246-8075
  • List Price: 199900
  • Subdivision Name: Kings Addn
  • Architectural Style: Converted House
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range
  • Owner Pays: Electricity, Gas
  • Total Bedrooms: 4
  • UnitFeatures: Private Bath

Exterior Features

  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • AreUtilitiesOnYN: Yes

Schools

  • Elementary School: Lowman Hill Elementary School/USD 501
  • High School: Topeka High School/USD 501
  • Middle Or Junior School: Robinson Middle School/USD 501

Lot Info

  • Zoning: R-2 Single Family
  • Parcel #: R14449
  • FloodZone: Unknown
  • AssessedImpValue: 124260
  • ConformsToZoningYN: No
  • ApproxSqFtImprovements: 3255

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Gross Income: 3081
  • Number Of Units Leased: 4
  • Number Of Units Total: 3
  • NumberOfUnitsOccupied: 4

Tax Info

  • Tax Annual Amount: 1987.5
  • GeneralTax: 1987.50
  • SpecTax: 0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $199,900 -9.1% --
02/07/2025 02/07/25 For Sale $220,000 +69.2% --
09/28/2021 09/28/21 Sold -- -- --
08/28/2021 08/28/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $130,000 +85.7% --
12/23/2019 12/23/19 Sold -- -- --
11/20/2019 11/20/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $70,000 -- --
Source: Sunflower Association of REALTORS®

About the Listing Agent

John Ringgold

KW One Legacy Partners, LLC

(785) 322-8654

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John became a top real estate agent, by using systems and setting goals, he has developed his business into a successful real estate machine. With his knowledge of technology in real estate and his patience and understanding of daily real estate issues, John increased his experience by becoming the broker of a large real estate office in Topeka, Kansas.

He moved to become the President / CEO of Real Estate Business Resources, and had the opportunity to research and learn about new

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Source: Sunflower Association of REALTORS®

MLS Number: 237840

Sunflower Association of REALTORS®