308 Chestnut Street, Silver Lake, KS 66539

Local realty services provided by:ERA McClain Brothers
308 Chestnut Street,Silver Lake, KS 66539
$460,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lee ripma
Office: lutz sales + investments
MLS#:2603759
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$460,000

About this home

This charming 10-unit multifamily in Silver Lake, Kansas consists of ten total cottages across five buildings. All units are one bedroom and one bathroom, originally constructed in the 1930s with enduring character. The smaller units do well in Silver Lake, attracting a broad tenant base that includes single professionals, couples, and downsizing seniors seeking affordable, low-maintenance living. Silver Lake’s proximity to Topeka enhances the property’s appeal by offering residents convenient access to larger employment centers, healthcare, retail, and amenities—while still enjoying the affordability and community feel of a smaller town. This dynamic supports steady rental demand from tenants who work in Topeka or the surrounding area but prefer more cost-effective housing options. In markets like Silver Lake, well-maintained multifamily assets often face limited competition, positioning investors to benefit from consistent cash flow. Manage this property for operational

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Home facts

  • Year built:1930
  • Listing ID #:2603759
  • Added:4 day(s) ago
  • Updated:March 03, 2026 at 03:16 PM

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air Gas

Structure and exterior

  • Roof:Composition
  • Year built:1930
  • Construction Materials:Wood Siding

Utilities

  • Water:City/Public - Verify
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$460,000
MLS LogoBay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data <Last Updated March 3, 2026