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Historic Bed & Breakfast Residence
New
For Sale
$350,000

1257 SW Fillmore Street, Topeka, KS 66604

Guest-oriented residence with lodging accommodations, a kitchen, dining space, and gathering areas for extended stays and small events.

Property Size2,507 SF
Price / SF$139.61
Days on Market3

Property Features for 1257 SW Fillmore Street

General Information

Standard status Active
Size 2,507 SF
Property subtype Residential Income
Zoning M2

Taxes and HOA fees

Annual Taxes $2,837

Building Details

Year Built 1900
Buildings 1
Units 1
Listing Agency: Haith & Company Realtors
Listed By: Jake LaFevers
Source: Coloniallistings
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 5 at 2:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Haith & Company Realtors

Investment Insights

Based on property information with market context.

Built in 1900, this 2,507+ square-foot bed and breakfast property combines historic character with an established hospitality configuration. The residence includes 3 bedrooms, 3 full bathrooms, original architectural details, fireplaces, and shared areas suited to guest use. A kitchen, dining room, and gathering spaces support extended stays and small events.

The property is located at 1257 SW Fillmore Street in Topeka, within the historic Throop's Addition neighborhood and adjacent to the Woodward estate. Its documented use includes corporate lodging and guest accommodations associated with events at the neighboring Woodward Inn. M2 zoning is also identified for the property.

The lot provides outdoor space and privacy, while the residence's layout supports executive lodging, overnight hospitality, and other bed and breakfast operations described for the asset.

Key Highlights

  • 3 bedrooms and 3 full bathrooms
  • 2,507+ square feet of living space
  • Built in 1900 with original architectural details and fireplaces

Financial Insights For Hotel Hospitality

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $36.1k $14.40
− Vacancy −$4.3k −$1.73
EGI $31.8k $12.67
− OpEx −$16.7k −$6.65
NOI $15.1k $6.02
2,507 SF · lease $14.40/SF/yr · vacancy 12.00% · expense 52.50%

Alternative Uses

Best Use
Hotel Hospitality
$215.6K
$188.6K – $251.5K (±1% cap)
NOI $15,090 @ 7.0% cap · market cap 4.31%
Second Best
no second resolved use
Theoretical Best
Self Storage
$282.8K
$247.4K – $329.9K (±1% cap)
NOI $19,795 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bed & breakfasts

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Bakery HVAC Service Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,343
Businesses Nearby
Balanced
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Schoolhouse Rentals 1125 SW Polk St, Topeka, KS 66612
  • House of Ruth Discipleship Home 1025 SW Western Ave, Topeka, KS 66604
  • Oxford House Bellator 1119 sw 16th st, topeka, ks 66604
  • Woodward 1272 SW Fillmore St, Topeka, KS 66604
  • The neighborly corner 929 sw lindenwood ave, topeka, ks 66606

Frequently Asked Questions

What type of property is this?
Bed & breakfast - Guest-oriented residence with lodging accommodations, a kitchen, dining space, and gathering areas for extended stays and small events.
Where is this bed & breakfast located?
The property is located at 1257 SW Fillmore Street Topeka, KS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3 bedrooms and 3 full bathrooms; 2,507+ square feet of living space; Built in 1900 with original architectural details and fireplaces
More about this property
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