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Property profile & analytics
OFF-MARKET
Apartment buildings

613-629 6Th Ave Topeka, KS 06614

1 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Total area 1 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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