Silver Lake Multifamily Investment
308 Chestnut St Silver Lake, KS 66539
308 Chestnut St, Silver Lake, KS, 66539
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For Sale
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Ten-unit multifamily property in Silver Lake, Kansas, near Topeka.
Property Size5,000 SF
Price / SF$85
Days on Market141
Property Features for 308 Chestnut St
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1930
Listing Agency
Lutz Sales + Investments
Listed by
Michelle Lutz · License #2018036086
Source
Crexi
Added: Feb 25 Checked: Jul 16 at 3:59 am
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 Lutz Sales + Investments
Investment Insights
Based on property information with market context.
This multifamily property in Silver Lake, Kansas, features ten cottages across five buildings. Constructed in the 1930s, each unit includes one bedroom and one bathroom. The property attracts a diverse tenant base, including single professionals, couples, and seniors seeking affordable, low-maintenance living. Its location near Topeka provides residents with access to employment, healthcare, retail, and amenities, while maintaining the affordability of a smaller town. The property benefits from steady rental demand due to its cost-effective housing options. Well-maintained multifamily assets in Silver Lake often experience limited competition, offering investors consistent cash flow. The property presents opportunities for operational efficiency and furnished rentals, providing both immediate income and long-term upside for investors seeking returns in a stable Midwest market. The property size is 5000 square feet.
Key Highlights
- Consistent cash flow potential in a stable Midwest market.
- Ten 1‑bedroom, 1‑bathroom units across five buildings.
- Convenient access to Topeka's employment, healthcare, and retail amenities.
Property Analytics
Property Profile
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FAQs
What type of property is this?
Apartment building - Ten-unit multifamily property in Silver Lake, Kansas, near Topeka.
Where is this apartment building located?
The property is located at 308 Chestnut St Silver Lake, KS.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Consistent cash flow potential in a stable Midwest market.; Ten 1‑bedroom, 1‑bathroom units across five buildings.; Convenient access to Topeka's employment, healthcare, and retail amenities.
