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Half Duplex Income Property
New
For Sale
$249,900

5616 SW Barrington Ct S, Topeka, KS 66614

Residential, Topeka, KS

Property Size2,187 SF
Lot Size0.17 Acres
Price / SF$114.27
Days on Market5

Property Features for 5616 SW Barrington Ct S

General Information

Property type Residential
Property subtype Duplex
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Laundry Room, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Kitchen, Basement, Game Room, Bedroom 1, Bedroom 2
Patio and Porch features Patio
Interior features Carpet
Exterior features Patio
Fireplace 1
Basement Full, Concrete, Partially Finished
Appliances Electric Range, Dishwasher, Refrigerator
Subdivision Barrington
Elementary school McClure Elementary School/USD 501
Middle school French Middle School/USD 501
High school Topeka West High School/USD 501
Directions 29th Street to Arrowhead , turn north, turn east on Barrington Ct to address on left.
Standard status Active
APN R51855
Size 2,187 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 3383
HOA Fee $210 Monthly

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1990
Flooring type Tile - Ceramic
Building materials Frame
Architectural style Ranch
Listing Agency: KW One Legacy Partners, LLC · Keller Williams Realty
Listed By: Patrick Moore
Added: Sep 3 Changed: Sep 6 Last Checked: Sep 7 at 2:06PM
MLS# 246401

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This ranch-style half duplex contains 2,187 square feet with three bedrooms, two full bathrooms, and one half bathroom. The layout includes a kitchen, game room, basement, and laundry room, while a two-car garage provides enclosed parking and storage. Interior features include carpet and ceramic tile flooring, with a fireplace, central air, and natural gas heat. The home also has a patio and a frame construction system.

Built in 1990, the property occupies a 0.17-acre lot and is served by public water and public sewer. Electric range, dishwasher, and refrigerator appliances are included. The property is located in Topeka, Kansas, within Shawnee County.

Key Highlights

  • 2,187‑square‑foot half duplex on a 0.17‑acre lot
  • Three bedrooms with 2 full bathrooms and 1 half bathroom
  • Two‑car garage, basement, game room, and laundry room

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,358
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.15%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$307,160 $307.2K
Cap Rate 7%
$219,400 $219.4K
Cap Rate 9%
$170,644 $170.6K
Market Conditions
NOI Build-Up for 2,187 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$29.4K $13.44/SF
− Vacancy
−$1.5K −$0.67/SF
EGI
$27.9K $12.77/SF
− OpEx
−$12.6K −$5.75/SF
NOI
$15.4K $7.02/SF
Area
Topeka, KS
Vacancy
5.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$307,160
Cap Rate 7%
$219,400
Cap Rate 9%
$170,644

Alternative Uses

Best Use
Apartment 5plus
$219.4K
$192.0K – $256.0K (±1% cap)
NOI $15,358 @ 7.0% cap · market cap 6.15%
Second Best
no second resolved use
Theoretical Best
Self Storage
$246.7K
$215.9K – $287.8K (±1% cap)
NOI $17,269 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Spa & Massage Center Parking Lot & Garage Building Supply HVAC Service Gym & Fitness Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

726
Businesses Nearby

Demographics for 66614, KS

31,332
Population
15,273
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
1,300
Density / Sq Mi
$70,419
Median Household Income
$47,871
Median Earnings
$995
Median Rent
$181,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - Ranch-style residence with three bedrooms, multiple baths, and main-floor laundry.
Where is this single family property located?
The property is located at 5616 SW Barrington Ct S Topeka, KS.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 2,187‑square‑foot half duplex on a 0.17‑acre lot; Three bedrooms with 2 full bathrooms and 1 half bathroom; Two‑car garage, basement, game room, and laundry room
More about this property
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