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5-Unit Multifamily Property
New
For Sale
$290,000

2820 SE Massachusetts AVE, Topeka, KS 66605

Residential Income, Topeka, KS

Property SizeContact for details
Lot Size0.36 Acres
Days on Market4

Property Features for 2820 SE Massachusetts AVE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2 Single Family
Parking 8
Subdivision Highland Park
Elementary school Highland Park Central Elementary School/USD 501
Middle school Eisenhower Middle School/USD 501
High school Highland Park High School/USD 501
Directions Take SE 29th St to SE Massachusetts Ave. Turn North and home will be on the East side of the street.
Standard status Active
APN R35932
Lot size 0.36 Acres

Taxes and HOA fees

Tax Annual Amount 3213

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1935
Number of units 5
Architectural style Other
Listing Agency: KW One Legacy Partners, LLC · Keller Williams Realty
Listed By: John Ringgold
Added: Oct 21 Last Checked: Oct 24 at 12:06PM
MLS# 247143

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 multifamily property combines a triplex with a separate duplex on a 0.36-acre lot. The five apartments comprise two 1-bedroom units and three 2-bedroom units. Exterior improvements include siding, trim, windows, and roofing. Three apartments have been fully remodeled, with updates completed in a fourth; the remaining 1-bedroom unit is scheduled for a full remodel. The property was built in 1935 and has public water and sewer service.

Four units are leased, with lease terms extending into 2027. Professional management is in place, and tenants occupy the property. Owner-paid utilities include water, trash, gas, and electricity. Showings require 24 hours’ notice.

Key Highlights

  • Five units: a triplex and a separate duplex
  • Unit mix includes two 1‑bedroom apartments and three 2‑bedroom apartments
  • Four units leased, with terms extending into 2027

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

Demographics for 66605, KS

19,531
Population
8,655
Households
2.3
Avg Household Size
37
Median Age
20%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
1,953
Density / Sq Mi
$57,623
Median Household Income
$41,818
Median Earnings
$856
Median Rent
$157,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - A triplex and separate duplex provide a five-unit rental configuration with a mix of one- and two-bedroom apartments.
Where is this multifamily property located?
The property is located at 2820 SE Massachusetts AVE 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: Five units: a triplex and a separate duplex; Unit mix includes two 1‑bedroom apartments and three 2‑bedroom apartments; Four units leased, with terms extending into 2027
More about this property
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