613-629 6Th Ave Topeka, KS 06614
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.