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Three-Unit Multifamily Package with Public Utilities
For Sale
$114,000

1033 / 1035 SW Clay ST, Topeka, KS 66604

MULTI_FAMILY - Topeka, KS

Property SizeContact for details
Lot Size0.06 Acres
Days on Market15

Property Features for 1033 / 1035 SW Clay ST

General Information

Property type Residential Multi Family
Property subtype Other
Parking features On Street
Subdivision Youngs Addn
Elementary school Lowman Hill Elementary School/USD 501
Middle school Robinson Middle School/USD 501
High school Topeka High School/USD 501
Directions Take SW 10th Ave to SW Clay St. Turn South. Homes will be on the West side of the street.
Standard status Active
APN R14204 R14203
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 1327

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1908
Number of units 3
Building materials Frame
Listing Agency: KW One Legacy Partners, LLC · Keller Williams Realty
Listed By: John Ringgold · License #00051961
Added: Jul 28 Changed: Aug 5 Last Checked: Aug 11 at 8:06PM
MLS# 245788

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 three-unit multifamily package includes 1033 SW Clay and 1035 SW Clay sold together across two separate parcels. The property features frame construction and was built in 1908. All three units are currently filled with no vacancy, with the tenants handling their own electric. The landlord currently covers gas and water, and both addresses have sewer lines already in place, which addresses a major capital expense.

Utilities and services are connected to public water and public sewer. Parking is available on-street.

For investors seeking a small, occupied multifamily setup, this package provides a stabilized configuration with tenant-paid electric and landlord-paid gas and water across three units.

Key Highlights

  • Three‑unit package across two separate parcels
  • All three units occupied with no vacancy
  • Tenants pay electric; landlord covers gas and water

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Bakery Grocery & Convenience Store Computer & Electronic Repair

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,708
Businesses Nearby

Demographics for 66604, KS

22,933
Population
10,820
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
93%
High-School Grad
6.8 sq mi
ZIP Area
3,373
Density / Sq Mi
$59,690
Median Household Income
$39,270
Median Earnings
$1,032
Median Rent
$126,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three units are fully occupied, with tenants paying electric and the landlord covering gas and water for this multifamily package.
Where is this multifamily property located?
The property is located at 1033 / 1035 SW Clay ST Topeka, KS.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: Three‑unit package across two separate parcels; All three units occupied with no vacancy; Tenants pay electric; landlord covers gas and water
More about this property
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