3309 SE Indiana Ave, Topeka, KS 66605
Local realty services provided by:ERA High Pointe Realty
3309 SE Indiana Ave,Topeka, KS 66605
$618,000
- 2 Beds
- 1 Baths
- 920 sq. ft.
- Single family
- Active
Listed by: patrick habiger, jacob yohn
Office: kw one legacy partners, llc.
MLS#:246143
Source:KS_TAAR
Price summary
- Price:$618,000
- Price per sq. ft.:$671.74
About this home
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.
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Home facts
- Year built:1952
- Subdivision & Development:Highland Crest
- Listing ID #:246143
- Added:18 day(s) ago
- Updated:September 07, 2026 at 03:11 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:920 sq. ft.
Structure and exterior
- Year built:1952
- Building area:920 sq. ft.
- Architectural Style:Ranch
Schools
- High school:Highland Park High School/USD 501
- Middle school:Eisenhower Middle School/USD 501
- Elementary school:Ross Elementary School/USD 501
Finances and disclosures
- Price:$618,000
- Price per sq. ft.:$671.74
- Tax amount:$652
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