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    1504 SW Polk St Topeka, KS 66612

    For Sale
    $189,900

    MULTI_FAMILY - Other - Topeka, KS

    Lot size:
    0.16 Acres
    Days on Market:
    101
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 1504 SW Polk St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-2 Single Family
    APN
    R33478
    Parking
    2
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    4
    Architectural style
    Other

    Keller Williams One Legacy Partners LLC (785) 246-8075 [email protected]

    Listing agent John M Ringgold (785) 806-2711

    Listing date Aug 27, 2025

    Copyright © 2025 Sunflower Association 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 Multifamily Investment Opportunity

    This multifamily property in Topeka, Kansas, presents a significant investment opportunity. The property features four one-bedroom units under one roof, offering a total rent potential of $3,003. Additional storage is available off the alley in a converted garage. Current income and lease end dates are as follows: Unit A has a rent of $827 (current eviction happening); Unit 1 has a rent of $692 (lease end date 12/31/25); Unit B has a rent of $650 (lease end date 8/31/25), with a possibility of renewal; and Unit #2 has a rent of $827 (lease end date 08/31/25). The property is zoned R-2 Single Family and sits on a lot of approximately 0.16 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -95.685769
    Latitude
    39.039423

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    FAQs

    What type of property is this?
    Quadplex - Multifamily property with income potential in Topeka, Kansas.
    Where is this quadplex located?
    The property is located at 1504 SW Polk St Topeka, KS.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: - High rental income potential of $3,003.; - Four 1-bedroom units under one roof.; - Opportunity to convert utilities (gas and electric) to tenant-paid.
    (785) 806-2711
    Request Owner's contact information
    1504 SW Polk St Topeka, KS 66612
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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
    1504 SW Polk St Topeka, KS 66612
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