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Walk-Out Duplex Ranch

1143 SW Red Oaks PL, Topeka, KS 66615

For Sale
$290,000

Residential, Topeka, KS

Property Size2,617 SF
Lot Size0.23 Acres
Price / SF$110.81
Days on Market92

Property Features for 1143 SW Red Oaks PL

General Information

Property type Residential
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Dining Room, Bathroom 2, Laundry Room, Bedroom 4, Game Room, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bathroom 3, Bedroom 1
Patio and Porch features Deck
Interior features Carpet, Sheetrock
Exterior features Deck
Basement Concrete, Partially Finished, Walk-Out Access
Appliances Electric Range, Dishwasher, Refrigerator, Auto Garage Opener(s), Water Softener Owned, Washer, Dryer
Subdivision Red Oak Pl
Lot features Sidewalk
Elementary school Wanamaker Elementary School/USD 437
Middle school Washburn Rural Middle School/USD 437
High school Washburn Rural High School/USD 437
Directions From 21st & Urish go North on Urish to Red Oaks Place &turn East to address
Standard status Active
APN R16342
Size 2,617 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 4749

Utilities

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

Building Details

Year built 2002
Flooring type Tile - Ceramic, Vinyl
Building materials Vinyl Siding
Architectural style Ranch
Listing Agency: KW One Legacy Partners, LLC · Keller Williams Realty
Listed By: Sandra Haines · License KS SP00233997
Added: Aug 12 Changed: Nov 1 Last Checked: Nov 11 at 4:06AM
MLS# 246016

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.

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Investment Insights

Based on property information with market context.

This ranch-style half duplex offers 2,617 square feet across the main level and walk-out basement. The layout includes four bedrooms, three bathrooms, a dining area, laundry room, and open common spaces. The kitchen is finished with granite countertops, while the primary suite includes an en-suite bathroom, walk-in closet, cedar closet, and onyx walk-in shower. The lower level adds a bedroom with private bath, recreation room, and safe room.

Set on 0.23 acres in Red Oaks, the property includes two decks oriented toward the wooded backyard and a two-car garage. Vinyl siding, ceramic tile and vinyl flooring, natural gas heat, central air, public water, and public sewer are among the existing improvements. A new roof has also been installed.

Key Highlights

  • 2,617‑square‑foot ranch‑style half duplex with a walk‑out basement
  • Four bedrooms and three bathrooms, including a lower‑level en‑suite bedroom
  • Primary suite with walk‑in and cedar closets plus an onyx walk‑in shower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,378
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,560 $367.6K
Cap Rate 7%
$262,543 $262.5K
Cap Rate 9%
$204,200 $204.2K
Market Conditions
NOI Build-Up for 2,617 SF
Gross rent
$35.2K $13.44/SF
− Vacancy
−$1.8K −$0.67/SF
EGI
$33.4K $12.77/SF
− OpEx
−$15.0K −$5.75/SF
NOI
$18.4K $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 Rate 5%
$367,560
Cap Rate 7%
$262,543
Cap Rate 9%
$204,200

Alternative Uses

Best Use
Apartment 5plus
$262.5K
$229.7K – $306.3K (±1% cap)
NOI $18,378 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$295.2K
$258.3K – $344.4K (±1% cap)
NOI $20,664 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

Demographics for 66615, KS

3,500
Population
1,566
Households
2.2
Avg Household Size
45
Median Age
46%
College-Educated
99%
High-School Grad
44.9 sq mi
ZIP Area
78
Density / Sq Mi
$89,500
Median Household Income
$50,978
Median Earnings
$1,294
Median Rent
$272,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Multifamily properties in Topeka, KS

$232 Jul
$293 Aug
$330 Sep
$121 Oct

Properties on Market for Multifamily properties in Topeka

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Open-plan half-duplex residence with updated interior features, multiple outdoor decks, and a wooded rear setting.
Where is this multifamily property located?
The property is located at 1143 SW Red Oaks PL Topeka, KS.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 2,617‑square‑foot ranch‑style half duplex with a walk‑out basement; Four bedrooms and three bathrooms, including a lower‑level en‑suite bedroom; Primary suite with walk‑in and cedar closets plus an onyx walk‑in shower
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