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Duplex Unit with Courtyard
New
For Sale
$134,500

3602 Cambridge Avenue, Topeka, KS 66614

Residential, Topeka, KS

Property Size1,118 SF
Lot Size0.10 Acres
Price / SF$120.30
Days on Market3

Property Features for 3602 Cambridge Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Basement
Fireplace 1
Basement Partial
Elementary school district Topeka
Middle school district Topeka
High school district Topeka
Directions From I-470 and SW Burlingame Road, go north to SW 37th Street. Go west on SW 37th Street to the second SW Cambridge Ave on the North side. Go North on SW Cambridge Avenue. The property is on the east side of the street.
Subdivision 998 - Other Kansas Area
Standard status Active
APN 146-14-0-30-18-014-000
Size 1,118 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description WESPARKE SUB , BLOCK G , LOT 6 , SW CAMBRIDGE BLK G S 37.5 FT OF LOT 6 WESPARKE SUB SECTION 14 TOWNSHIP 12 RANGE 15
Tax Annual Amount 1791
Legal Description WESPARKE SUB , BLOCK G , LOT 6 , SW CAMBRIDGE BLK G S 37.5 FT OF LOT 6 WESPARKE SUB SECTION 14 TOWNSHIP 12 RANGE 15

Utilities

Sewer type Public Sewer
Heating system Central, Natural Gas
Cooling system Electric
Water source Public

Amenities

walled patio/courtyard

Building Details

Year built 1977
Building materials Frame
Roof type Composition
Listing Agency: Real Broker, LLC
Listed By: Kevin Borger
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 24 at 10:06AM
MLS# 2648500

Copyright © 2026 Heartland Multiple Listing Service. 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 half-duplex residence contains 1,118 square feet, with two bedrooms and one bathroom. A partial basement adds interior space, and the property also has a single-car garage. The front entrance opens onto a walled patio courtyard. Built in 1977, the frame structure has central natural-gas heating and electric cooling, with public water and sewer service.

The home is located at 3602 Cambridge Avenue in Topeka, Kansas, on a 0.096-acre lot. The interior is ready for updating, and the two-bedroom layout may suit rental or owner occupancy.

Key Highlights

  • Half‑duplex residence with 2 bedrooms and 1 bathroom
  • 1,118 square feet on a 0.096‑acre lot
  • Partial basement and single‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,851
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,020 $157.0K
Cap Rate 7%
$112,157 $112.2K
Cap Rate 9%
$87,233 $87.2K
Market Conditions
NOI Build-Up for 1,118 SF
Gross rent
$15.0K $13.44/SF
− Vacancy
−$751 −$0.67/SF
EGI
$14.3K $12.77/SF
− OpEx
−$6.4K −$5.75/SF
NOI
$7.9K $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 Rate 5%
$157,020
Cap Rate 7%
$112,157
Cap Rate 9%
$87,233

Alternative Uses

Best Use
Apartment 5plus
$112.2K
$98.1K – $130.9K (±1% cap)
NOI $7,851 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$126.1K
$110.4K – $147.1K (±1% cap)
NOI $8,828 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Two bedrooms, a partial basement, and a single-car garage support a range of residential rental or owner-occupant plans.
Where is this residential income property located?
The property is located at 3602 Cambridge Avenue Topeka, KS.
What is the asking price?
The asking price for this property is $134,500.
What are key features of this property?
This property features: Half‑duplex residence with 2 bedrooms and 1 bathroom; 1,118 square feet on a 0.096‑acre lot; Partial basement and single‑car garage
More about this property
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