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    1500 SW Mulvane St Topeka, KS 66604

    For Sale
    $199,900

    Triplex - Topeka, KS

    Type:Triplex
    Days on Market:
    18
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 1500 SW Mulvane St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Zoning
    Other – See Remarks

    Building Details

    Year built
    1920
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    Stephens Real Estate, Inc. (785) 841-4500 [email protected]

    Listing agent MARK HUMMEL (785) 841-4500

    Listing date Nov 18, 2025

    MLS# 164619 Listing URL

    Copyright © 2025 Lawrence Board 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.

    Overview

    Topeka Triplex in College Hill

    This centrally located Topeka triplex presents an investment opportunity with immediate income potential. Two of the units are currently rented, while one vacant unit is available for a new tenant. The property features a new AC and furnace. Two units have been remodeled. Located in the College Hill neighborhood, the property is near Washburn University, providing convenient access to downtown and local amenities. The zoning is specified as 'Other – See Remarks'. This property is for sale and is classified as a triplex, multifamily property, and residential income property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.6986646
    Latitude
    39.0396793

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    FAQs

    What type of property is this?
    Triplex - Centrally located triplex with income potential near Washburn University.
    Where is this triplex located?
    The property is located at 1500 SW Mulvane St Topeka, KS.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Immediate income potential with two of three units currently rented.; - Remodeled units enhance appeal and reduce immediate maintenance costs.; - New AC and furnace provide modern comfort and efficiency.
    (785) 841-4500
    Request Owner's contact information
    1500 SW Mulvane St Topeka, KS 66604
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    Topeka, KS 66604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1500 SW Mulvane St Topeka, KS 66604
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