Duplex with Finished
New
For Sale
$174,900
1600 SW 66 Street, Topeka, KS 66619
A finished basement adds flexible interior space, including a room suitable for an office or recreation area.
Property Size1,672 SF
Price / SF$104.61
Days on Market4
Property Features for 1600 SW 66 Street
General Information
Standard status
Active
Size
1,672 SF
Property subtype
Duplex
Additional Details
Multifamily Units
1
Amenities
Sat Dish Allowed
Building Details
Building Size
1,672 SF
Year Built
1960
Stories
1
Listing Agency:
BHHS Stein & Summers Real Estate
Listed By:
Travis Martin · License #2024002156
(816) 232-2000
Source:
Bkpre
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 5 at 7:34PM
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 BHHS Stein & Summers Real Estate
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Investment Insights
Based on property information with market context.
This duplex property is described as a four-bedroom, two-bath home with hardwood floors and a full basement. A finished basement room offers additional space and may serve as a second living area, recreation room, office, or non-conforming fifth bedroom. Appliances remain with the property. The kitchen has updated countertops, painted cabinets, hardware, and a stainless-steel hood vent; both bathrooms have received new toilets, vanities, sinks, and fixtures.
Exterior improvements include siding and windows installed in 2025, with a transferable warranty. Built in 1960, the property is at 1600 SW 66 Street in Topeka, with access to Walmart Distribution Center and Forbes Field Air Force Base.
Exterior improvements include siding and windows installed in 2025, with a transferable warranty. Built in 1960, the property is at 1600 SW 66 Street in Topeka, with access to Walmart Distribution Center and Forbes Field Air Force Base.
Key Highlights
- Four bedrooms and two full baths
- Full basement with a finished room for added living or work space
- Hardwood floors; appliances included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,609
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,180
$252.2K
Cap Rate 7%
$180,129
$180.1K
Cap Rate 9%
$140,100
$140.1K
Market Conditions
NOI Build-Up for 1,672 SF
Gross rent
$19.1K $11.40/SF
− Vacancy
−$1.0K −$0.63/SF
EGI
$18.0K $10.77/SF
− OpEx
−$5.4K −$3.23/SF
NOI
$12.6K $7.54/SF
Area
Topeka, KS
Vacancy
5.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,180
Cap Rate 7%
$180,129
Cap Rate 9%
$140,100
Alternative Uses
Best Use
Multifamily LT 5
$180.1K
$157.6K – $210.2K
NOI $12,609 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$167.7K
$146.8K – $195.7K
NOI $11,741 @ 7.0% cap · market cap 6.71%
Theoretical Best
Self Storage
$188.6K
$165.0K – $220.0K
NOI $13,202 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
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Business Placement
Demographics for 66619, KS
3,207
Population
974
Households
3.3
Avg Household Size
28
Median Age
28%
College-Educated
94%
High-School Grad
8.5 sq mi
ZIP Area
377
Density / Sq Mi
$57,625
Median Household Income
$40,330
Median Earnings
$1,310
Median Rent
$81,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - A finished basement adds flexible interior space, including a room suitable for an office or recreation area.
Where is this duplex located?
The property is located at 1600 SW 66 Street Topeka, KS.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Four bedrooms and two full baths; Full basement with a finished room for added living or work space; Hardwood floors; appliances included
