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    1531 SW 15Th St Topeka, KS 66604

    For Sale
    $140,000

    Residential Multi Family, Other - Topeka, KS

    Lot size:
    0.11 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 5 at 12:06 pm

    Property Features for 1531 SW 15Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.11 Acres

    Building Details

    Year built
    1920
    Architectural style
    Other

    NextHome, Inc

    Listing agent Seth Froese 7859693447,7852748211 License #00232658,PersonLicenseNumber

    Listing date Oct 12, 2025

    MLS# 240830 Listing URL

    Copyright © 2025 NextHome, Inc. 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 Turnkey Investment Opportunity

    This multifamily residential property in Topeka, Kansas, presents a turnkey investment opportunity. Located in the heart of Topeka, it is situated next to Washburn University, making it suitable for student living. Its location also provides convenient access to hospitals and downtown. The property features two units. One unit is currently rented, while the vacant bottom unit is rent-ready. This allows for immediate income generation. The property is also suitable for an owner-occupant, making it attainable for homeowner financing. Recent renovations have updated the property extensively. The floors, kitchen, bathrooms, HVAC system, roof, windows, plumbing, and paint are all less than 5 years old. The lot size is 0.11 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -95.6983252
    Latitude
    39.03963852

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    FAQs

    What type of property is this?
    Duplex - Turnkey investment property near Washburn University, suitable for various tenants.
    Where is this duplex located?
    The property is located at 1531 SW 15Th St Topeka, KS.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Turnkey investment property in a prime location next to Washburn University.; - Suitable for student living, hospital staff, downtown professionals, or owner-occupancy.; - Potential for immediate rental income with one unit currently rented and the other rent-ready.
    (785) 969-3447
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    1531 SW 15Th St 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
    1531 SW 15Th St Topeka, KS 66604
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