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    1527 SW Mulvane St Topeka, KS 66604

    For Sale
    $110,000

    Duplex featuring two 1-bedroom apartments, offering immediate income potential.

    Building Details

    Year built
    1925

    Source: Keller Williams One Legacy Partners Agent Dustin Stovall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Duplex with Income Potential

    This well-maintained duplex features two spacious 1-bedroom, 1-bathroom apartments, presenting an investment opportunity with immediate income potential. The property's tenants are responsible for gas and electric expenses. Water and sewer costs are billed back to the tenants monthly. The downstairs unit is rented at $550 per month, secured with a lease through July 2026. The upstairs unit is also rented for $550 per month, with a lease extending through July 2026. The gross scheduled income is $13,200 annually based on the current rents.
    Property Profile Insight Report 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
    -95.6993017
    Latitude
    39.0388443

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    FAQs

    What type of property is this?
    Duplex - Duplex featuring two 1-bedroom apartments, offering immediate income potential.
    Where is this duplex located?
    The property is located at 1527 SW Mulvane St Topeka, KS.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: - Immediate income potential from two rented units.; - Gross Scheduled Income: $13,200 annually.; - Both units are secured with leases through July 2026.
    Request Owner's contact information
    1527 SW Mulvane 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
    1527 SW Mulvane St Topeka, KS 66604
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