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Topeka Duplex For Sale

825/827 SE 14th ST Topeka, KS 66607

825/827 SE 14th ST, Topeka, KS, 66607
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For Sale
Contact for pricing

Duplex with good rental history near highway access.

Property Size1,600 SF
Price / SF$90.63
Days on Market123

Property Features for 825/827 SE 14th ST

General Information

Standard status
Active
Size
1,600 SF
Property subtype
Multifamily

Building Details

Year Built
1962
Listing Agency Platinum Realty LLC
Listed by Tyler Frank · License #00237237
Source Crexi
Added: Mar 17 Checked: Jul 15 at 9:00 pm

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 Platinum Realty LLC


Investment Insights

Based on property information with market context.

This duplex is for sale, featuring two units, each with 2 bedrooms and 1 bath. Each side is just under 800 square feet. The property is located close to highway access and includes large yard areas. There is a good rent history, with rents averaging $850 per month. Good parking spaces are included.

Key Highlights

  • Both sides of duplex included in sale.
  • Good rental history with average rent of $850 per month per side (financials available).
  • Close proximity to highway access.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $18.2k $11.40
− Vacancy −$1.0k −$0.63
EGI $17.2k $10.77
− OpEx −$5.2k −$3.23
NOI $12.1k $7.54
1,600 SF · lease $11.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$172.4K
$150.8K – $201.1K (±1% cap)
NOI $12,066 @ 7.0% cap · market cap 8.32%
Second Best
Apartment 5plus
$160.5K
$140.5K – $187.3K (±1% cap)
NOI $11,236 @ 7.0% cap · market cap 7.75%
Theoretical Best
Self Storage
$180.5K
$157.9K – $210.6K (±1% cap)
NOI $12,634 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency Building Supply (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Furniture & Home Goods Pharmacy Bakery (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with good rental history near highway access.
Where is this duplex located?
The property is located at 825/827 SE 14th ST Topeka, KS.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Both sides of duplex included in sale.; Good rental history with average rent of $850 per month per side (financials available).; Close proximity to highway access.
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