Ranch Duplex with Finished
New
For Sale
$264,980
3339 SW Mariposa PL, Topeka, KS 66614
Residential, Topeka, KS
Property Size1,872 SF
Lot Size0.33 Acres
Price / SF$141.55
Days on Market4
Property Features for 3339 SW Mariposa PL
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Basement, Bedroom 3, Laundry Room, Bedroom 1, Family Room, Bathroom 3, Bathroom 2, Bedroom 2
Window features
Storm Window(s)
Patio and Porch features
Deck, Porch
Interior features
Carpet, Coffered Ceiling(s)
Exterior features
Storm Door(s), Deck, Covered Porch
Fireplace
1
Basement
Full, Concrete, Partially Finished
Appliances
Electric Range, Range Hood, Microwave, Dishwasher, Refrigerator, Disposal, Auto Garage Opener(s), Garage Opener Control(s), Cable TV Available
Subdivision
Southbrook
Lot features
Cul-De-Sac
Elementary school
McClure Elementary School/USD 501
Middle school
French Middle School/USD 501
High school
Topeka West High School/USD 501
Directions
From 34th & Fairlawn, West on SW 34th (4 Blks to Mariposa Pl.... NOT Mariposa Townhomes) turn right on Mariposa Pl, towards the end of the cul de sac.
Standard status
Active
APN
R61103
Size
1,872 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Annual Amount
3660
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
gas fireplace
main floor laundry
deck
stainless steel appliances
finished daylight basement
Building Details
Year built
2001
Flooring type
Tile - Ceramic, Hardwood
Building materials
Brick, Vinyl Siding
Architectural style
Ranch
Listing Agency:
Coldwell Banker American Home · Coldwell Banker Real Estate
(785) 267-2700
Listed By:
Sally Brooke · License #422001485
(785) 554-4092
Added: Sep 18
Changed: Sep 21
Last Checked: Sep 21 at 10:06PM
MLS# 246645
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.
Investment Insights
Based on property information with market context.
This ranch-style half duplex offers 1,872 square feet of finished living area on a 0.33-acre lot. The main level includes an open living and dining arrangement, hardwood flooring, a gas fireplace, updated kitchen and bathrooms, and a laundry room. The primary suite provides a double vanity, walk-in closet, and deck access, while a second bedroom and full bathroom are also located on the main floor.
The finished daylight basement adds a family room, half bathroom, nonconforming bedroom, oversized walk-in closet, storage, and built-in shelving. Exterior features include a Trex-style deck, covered porch, brick and vinyl siding, and a new Class 4 hail-resistant roof. Built in 2001, the property has natural gas heat, central air, public water and sewer, and no HOA. It is located near the end of a cul-de-sac in Southwest Topeka.
The finished daylight basement adds a family room, half bathroom, nonconforming bedroom, oversized walk-in closet, storage, and built-in shelving. Exterior features include a Trex-style deck, covered porch, brick and vinyl siding, and a new Class 4 hail-resistant roof. Built in 2001, the property has natural gas heat, central air, public water and sewer, and no HOA. It is located near the end of a cul-de-sac in Southwest Topeka.
Key Highlights
- 1,872‑square‑foot ranch half duplex on a 0.33‑acre lot
- Finished daylight basement with family room, half bath, nonconforming bedroom, closet, and storage
- Primary suite with double vanity, walk‑in closet, and deck access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,146
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$262,920
$262.9K
Cap Rate 7%
$187,800
$187.8K
Cap Rate 9%
$146,067
$146.1K
Market Conditions
NOI Build-Up for 1,872 SF
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.
Gross rent
$25.2K $13.44/SF
− Vacancy
−$1.3K −$0.67/SF
EGI
$23.9K $12.77/SF
− OpEx
−$10.8K −$5.75/SF
NOI
$13.1K $7.02/SF
Area
Topeka, KS
Vacancy
5.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$262,920
Cap Rate 7%
$187,800
Cap Rate 9%
$146,067
Alternative Uses
Best Use
Apartment 5plus
$187.8K
$164.3K – $219.1K
NOI $13,146 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$211.2K
$184.8K – $246.4K
NOI $14,781 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
Explore this area
Business Placement
Demographics for 66614, KS
31,332
Population
15,273
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
1,300
Density / Sq Mi
$70,419
Median Household Income
$47,871
Median Earnings
$995
Median Rent
$181,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Well-maintained half duplex with updated interiors, a primary suite, and flexible lower-level living space.
Where is this single family property located?
The property is located at 3339 SW Mariposa PL Topeka, KS.
What is the asking price?
The asking price for this property is $264,980.
What are key features of this property?
This property features: 1,872‑square‑foot ranch half duplex on a 0.33‑acre lot; Finished daylight basement with family room, half bath, nonconforming bedroom, closet, and storage; Primary suite with double vanity, walk‑in closet, and deck access
