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Topeka Triplex: Income-Producing Property
For Sale
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615 SW High AVE, Topeka, KS 66606

Fully rented triplex in West Topeka with positive cash flow.

Property SizeContact for details
Days on Market142

Property Features for 615 SW High AVE

General Information

Standard status Active
Property subtype Multifamily
Zoning R-2 Single Family

Building Details

Year Built 1920
Units 3
Listing Agency: Bowes Countrywide Realty
Listed By: John Bowes · License #KS 00220928
Source: Crexi
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 11 at 8:15PM

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 Bowes Countrywide Realty

Investment Insights

Based on property information with market context.

This is a fully rented triplex generating $1,750 per month. The property includes two 1-bedroom units and one 2-bedroom unit, all on month-to-month leases. A detached 2-car garage provides additional storage or tenant convenience. The full basement offers flexible space for storage or utility use. The generous lot includes a large backyard. The property is located in West Topeka. The vinyl siding provides low exterior maintenance. The property is well-maintained and ready for ownership. It is suitable for expanding a portfolio or for first-time investors.

Key Highlights

  • Strong income‑producing property generating $1,750/month.
  • Fully rented triplex with positive cash flow potential.
  • Well‑maintained and turnkey, ready for immediate ownership.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Restaurant Big Box & Wholesale Store Auto Parts Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,119
Businesses Nearby

Demographics for 66606, KS

11,056
Population
5,433
Households
2
Avg Household Size
40
Median Age
36%
College-Educated
90%
High-School Grad
5.8 sq mi
ZIP Area
1,906
Density / Sq Mi
$60,862
Median Household Income
$44,184
Median Earnings
$1,052
Median Rent
$115,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Fully rented triplex in West Topeka with positive cash flow.
Where is this triplex located?
The property is located at 615 SW High AVE Topeka, KS.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Strong income‑producing property generating $1,750/month.; Fully rented triplex with positive cash flow potential.; Well‑maintained and turnkey, ready for immediate ownership.
More about this property
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