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Topeka, KS Multifamily Homes & Duplexes for Sale

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  • /10

    $120,000

    • 2 Beds

    514 SE Locust St, Topeka, KS 66607

    This Newly listed rental property rents for $540.00 per side. Both are month to month renters. Each unit has a similar layout with 2 bed 1 bath. These are Full-Roof Duplexes and come with a sewer line that was replaced 2 years ago. New Gutters and Soffits . Just North of Prize package, these Rental Properties are ready for your portfolio. Access is limited to only 511 SE Lafayette with 24-hour

    Agent Photo

    John Ringgold

    KW One Legacy Partners, LLC

    (785) 665-2888

    514 SE Locust St, Topeka, KS 66607
  • /10

    $120,000

    • 2 Beds

    509 SE Lafayette St, Topeka, KS 66607

    This Newly listed rental property rents for $675 & $650 both are month to month renters. These 2 bed 1 bath Full Roof Duplexes come with a 2 year old roof new paint. Just north of Prize package these Rental Property is ready or your portfolio. Requires 24 hour Notice to tenants to View. This property has both street side and alley parking. They are also being listed as part of a package with

    Agent Photo

    John Ringgold

    KW One Legacy Partners, LLC

    (785) 333-4126

    509 SE Lafayette St, Topeka, KS 66607
  • /41

    $995,000

    • 24 Beds

    817 SW Tyler St, Topeka, KS 66612

    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

    Agent Photo

    John Ringgold

    KW One Legacy Partners, LLC

    (785) 450-8166

    817 SW Tyler St, Topeka, KS 66612
  • /27

    $189,900

    • 4 Beds

    1504 SW Polk St, Topeka, KS 66612

    Great multifamily investment property here! Total rent potential of $3,003 making this a great investment. 4 (1 bedroom units) under one roof. Gas and Electric could be moved back to tenant pay. Additional storage off the alley in a converted garage. Don’t miss out on the opportunity to add a heavy cash flowing property to your portfolio! Current income and lease end dates: Unit A: $827

    Agent Photo

    John Ringgold

    KW One Legacy Partners, LLC

    (785) 377-5233

    1504 SW Polk St, Topeka, KS 66612
  • /18

    $199,900

    • 3 Beds
    • 3 Baths
    • 2,192 Sq Ft

    1500 SW Mulvane St, Topeka, KS 66604

    INVESTOR ALERT! This centrally located Topeka triplex offers immediate income with two units already rented and one vacant unit ready for a new tenant. Two units have been remodeled, and the property features a new AC and furnace. This is an excellent opportunity to own a property with strong rental upside. Located in the desirable College Hill neighborhood near Washburn University, this property

    MARK HUMMEL STEPHENS REAL ESTATE, INC

    1500 SW Mulvane St, Topeka, KS 66604
  • /58

    $650,000

    • 4 Beds

    400 SW Topeka Blvd, Topeka, KS 66603

    16-unit apartment building consisting of 4 1/1 and 12 studio apartments located in a prime location with plenty of off-street parking. Close to industry, jobs, downtown, and bus lines.

    Greg Ross KW One Legacy Partners, LLC

    400 SW Topeka Blvd, Topeka, KS 66603
  • /18

    $165,000

    433 SW Lincoln St, Topeka, KS 66606

    Investment opportunity with positive cash flow! Whether you’re ready to start or expand your investment portfolio, don’t miss this corner-lot multifamily property. Featuring four fully leased units, this income-producing property offers steady returns and strong rental potential. The home includes a fenced backyard, oversized garage, and carport for added value and tenant convenience. Rent roll

    Katie Salts Better Homes and Gardens Real

    433 SW Lincoln St, Topeka, KS 66606
  • /12

    $299,000

    • 4 Beds

    1255 SW Tyler St, Topeka, KS 66612

    This fully remodeled four-plex in Topeka, KS, offers an exceptional investment opportunity with two 2-bed, 1-bath units and two 3-bed, 1-bath units. Each unit has been extensively upgraded, ensuring modern amenities and appealing interiors that attract quality tenants. Current cash flow is strong, with potential for increased returns by implementing modest rent adjustments.

    Nick Koch KW One Legacy Partners, LLC

    1255 SW Tyler St, Topeka, KS 66612
  • /44

    $289,500

    • 2 Beds

    609 SW Topeka Blvd, Topeka, KS 66603

    NEW NEW NEW. This 100% Occupied duplex has been completely renovated from top to bottom. Roof, siding, (Some) windows), plumbing, electrical, floors, kitchen, paint, concrete, sewer line, HVAC, water heaters, bathrooms and more within the past few years. Fully rented duplex in the heart of Downtown Topeka. Close to several restaurants, highway access, Evergy Plaza, Stormont Vail Event Center,

    Seth Froese NextHome Professionals

    609 SW Topeka Blvd, Topeka, KS 66603
  • /23

    $140,000

    • 2 Beds

    1531 SW 15th St, Topeka, KS 66604

    Fantastic opportunity to own a turn key investment in the heart of Topeka, next to Washburn University! Student living, hospitals, downtown, the list goes on for who this works so well for! With one side currently rented and the vacant (bottom) unit rent-ready, it could also be owner-occupant, making it attainable for homeowner financing! Best part? Everything is less than 5 years old! Floors,

    Seth Froese NextHome Professionals

    1531 SW 15th St, Topeka, KS 66604
  • /3

    $116,000

    1912 SW Buchanan St, Topeka, KS 66604

    Great opportunity to own a well-maintained duplex with stable tenants and excellent rent growth potential. Each unit offers a spacious 2-bedroom, 1-bathroom layout with strong rental history. Please allow a minimum of 48 hours’ notice to schedule a showing in order to provide proper notification to tenants. Downstairs Unit is a long-term tenant in place since 2019, leased at $670/month through

    Dustin Stovall Beoutdoors Real Estate, LLC

    1912 SW Buchanan St, Topeka, KS 66604
  • /2

    $880,000

    • 12 Beds

    1300 SW Fillmore St, Topeka, KS 66604

    Seller is in the process of adding water meters so tenants will be resposible for gas, electric and water. Landlord will be responsible for trash. Property is being sold "as-is"

    Tracy Bailey TopCity Realty, LLC

    1300 SW Fillmore St, Topeka, KS 66604
  • /2

    $840,000

    • 12 Beds

    111 NW Hardt Ave, Topeka, KS 66608

    Great opportunity to purchase 1-8 plex and 1-4 Plex in Seaman School District. Utilites are metered separately. Tenants pay for electric. Seller pays for water and trash. Property being sold "as-is"

    Tracy Bailey TopCity Realty, LLC

    111 NW Hardt Ave, Topeka, KS 66608
  • /25

    $105,000

    • 2 Beds

    511 SW Buchanan St, Topeka, KS 66606

    Investment Opportunity. Units have been generating consistent rental income. Both units have had recent upgrades. Lower apartment offers washer/dryer hookups. Off-street parking is available. This investment property is a fantastic opportunity, whether you're looking to expand your existing portfolio or just starting your journey in rental investments!!

    Lisa Christopher KW One Legacy Partners, LLC

    511 SW Buchanan St, Topeka, KS 66606
  • /9

    $89,000

    506 SW 6th Ave, Topeka, KS 66603

    Prime Investment Opportunity. Own a piece of Topeka history with the Delmonte Apartments, now officially registered with State of Kansas Preservation Office. Zoning and parking are approved by City of Topeka, and the building might be eligible for multiple local, state, and federal incentives—including significant tax credits, grants, and long-term tax reimbursement programs. Call you agent for a

    Chen Liang KW One Legacy Partners, LLC

    506 SW 6th Ave, Topeka, KS 66603
  • /19

    $7,800,000

    205 SE 25th St, Topeka, KS 66605

    Welcome to Sunflower Meadows, a premier mobile home community currently under development. With the purchase, you will acquire 49 brand new, high-quality mobile homes, ready for occupancy. Enjoy a lucrative estimated monthly gross income of $60,760, that’s $1,240 per trailer, making this a highly profitable investment. Each mobile home is equipped with its own electrical meter, allowing for

    Nick Koch KW One Legacy Partners, LLC

    205 SE 25th St, Topeka, KS 66605
  • /2

    $110,000

    1527 SW Mulvane St, Topeka, KS 66604

    This well-maintained duplex features two spacious 1-bedroom, 1-bathroom apartments—an excellent investment opportunity with immediate income potential. Please allow a minimum of 48 hours’ notice to schedule a showing in order to provide proper notification to tenants. Tenants pay gas and electric directly; water/sewer is billed back monthly, minimizing owner expenses. Downstairs unit rented at

    Dustin Stovall Beoutdoors Real Estate, LLC

    1527 SW Mulvane St, Topeka, KS 66604
  • /2

    $118,000

    711 SW Buchanan St, Topeka, KS 66606

    Excellent investment opportunity with this three-unit multifamily property featuring strong income, updated capital improvements, and future upside potential. Each apartment is separately metered for gas and electric, with tenants billed back monthly for water/sewer, keeping operating expenses low for the owner. Please allow a minimum of 48 hours’ notice to schedule a showing in order to provide

    Dustin Stovall Beoutdoors Real Estate, LLC

    711 SW Buchanan St, Topeka, KS 66606
  • /2

    $78,000

    425 SW Taylor St, Topeka, KS 66603

    Solid investment opportunity with this two-unit property, featuring stable tenants and room for strong rent growth. Please allow a minimum of 48 hours’ notice to schedule a showing in order to provide proper notification to tenants. Utilities: Tenants pay gas and electric directly; water/sewer is billed back monthly, minimizing owner expenses. Unit 1: 1-bedroom apartment leased at $525/month

    Dustin Stovall Beoutdoors Real Estate, LLC

    425 SW Taylor St, Topeka, KS 66603

Why Live in Topeka

Topeka's historic Kansas State Capitol invites visitors to climb its dome for panoramic city views and explore intricate murals within. The Brown v. Board of Education National Historic Site stands as a testament to the Civil Rights Movement, while the NOTO Arts District buzzes with galleries, murals, and local shops. Outdoor recreation flourishes at Lake Shawnee, where residents enjoy boating and fishing, and along the 13-mile Shunga Walking Trail. The Gage Park complex delights families with its zoo, mini-train, and historic carousel. Local dining ranges from upscale French cuisine at Chez Yasu to classic American fare at Bobo's Drive-In, featured on "Diners, Drive-ins and Dives."

The Topeka housing market presents diverse options across distinct neighborhoods. The median single-family home price sits at $200,000, with prices varying significantly by area. Southwest Topeka commands a median price of $276,000, while the established Westboro neighborhood tops the market at $329,900. College Hill and Historic Holliday Park offer more affordable options with median prices of $150,000 and $147,500 respectively. Condominiums provide entry-level options, with one-bedroom units at a median price of $77,000 and two-bedroom units at $91,000.

The cost of living in Topeka stands 13.6% below the national average. A family with school-age children needs approximately $91,000 annually to live comfortably, while renters require about $43,000. Property taxes in Shawnee County run at 1.47%, comparable to Kansas City but higher than Lawrence's 1.25%. The public school system includes highly rated institutions like Jay Shideler Elementary and Washburn Rural High School, both rated A-minus by Niche. Washburn University adds higher education opportunities to the community. Commuters benefit from the Topeka Metro bus system, though most residents rely on personal vehicles for transportation.

Home Trends in Topeka, KS

Housing Trends

Median Sale Price
$165,000
Median Single Family Sale Price
$165,000
Median Townhouse Sale Price
$188,450
Median 2 Bedroom Sale Price
$95,000
Median 1 Bedroom Sale Price
$79,000
Average Price Per Sq Ft
$109
Number of Homes for Sale
219
Last 12 months Home Sales
1,602
Months of Supply
1.60
Median List Price
$169,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
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