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    Property profile & analytics

    613-629 6Th Ave Topeka, KS 06614

    • Apartment buildings
    • 1 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 613-629 6Th Ave

    Property size
    1 SF
    Property type
    Apartment buildings

    Description

    This exceptional nine-unit apartment building presents a compelling investment opportunity in Topeka, Kansas. Located at 613-629 W 6th Avenue, this multifamily property boasts 100% occupancy, generating a current monthly rental income of $3,450. The property consists entirely of one-bedroom units, each offering comfortable living space. The current rental income provides a strong foundation for immediate cash flow, while the market rent of $3,395 suggests potential for increased profitability through future lease adjustments. The property's address is 613-629 W 6th Avenue, Topeka, KS 66104, situated within Shawnee County. This turnkey investment is ideal for both seasoned and aspiring real estate investors seeking a stable and profitable addition to their portfolio. The property's strong occupancy rate and consistent rental income make it a low-risk, high-reward opportunity. The building's location in Topeka offers convenient access to local amenities and services, further enhancing its appeal to tenants. This is a rare chance to acquire a well-maintained, fully occupied multifamily property in a desirable location. The asking price for this exceptional investment is $380,000. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.6813
    Latitude
    39.0536
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    613-629 6Th Ave
    Topeka, KS 06614
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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