The Kapital offers investors a rare chance to acquire a truly turnkey, fully renovated multifamily community in a highly convenient Topeka location. This three-story, 36-unit property was completely reimagined from top to bottom in 2021, with an extensive renovation taken down to the studs. Major improvements included new roofs, windows, HVAC, electrical, plumbing, & updated unit interiors—allowing a new owner to step into an extensively renovated asset without the deferred maintenance and near-term capital expenditures commonly associated with older multifamily properties.
The community offers a desirable mix of studio and one-bedroom apartments featuring new flooring, cabinetry, SS appliances, granite countertops, and in-unit stacked washers and dryers. All units are separately metered for utilities, helping simplify operations and minimize owner expenses, while gated parking provides an additional amenity for residents.
With virtually every major building component replaced or upgraded during the 2021 renovation, The Kapital was designed to be an exceptionally easy asset to own and operate. The extensive improvements, efficient unit mix, separate utility metering, and modern interiors create an attractive combo of operational simplicity and long-term durability for an investor seeking stabilized multifamily ownership. The property is also exceptionally well positioned within Topeka, offering convenient access to Washburn University, the Kansas State Capitol, downtown Topeka, major employment centers, government offices, dining, shopping, and other everyday amenities. Its central location provides access to multiple employment and renter-demand drivers rather than relying on any single tenant base.
For investors seeking scale without taking on a major reno project, The Kapital represents a compelling opportunity: 36 extensively reno'd units, modern building systems, attractive resident amenities, and a central location—all packaged into a turnkey investment.
Active
$2,950,000
1306 SW Harrison St, Topeka, KS 66612
--beds
0baths
--sqft
Apartment
Built in 1968
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
New flooringGranite countertopsModern interiorsUpdated unit interiorsGated parkingNew roofs
- 7 days
- 94
- 4
Zillow last checked:
Listing updated:
Listed by:
Michelle Lutz 913-426-5576,
Lutz Sales + Investments
Source: Heartland MLS as distributed by MLS GRID,MLS#: 2644657
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Ind Water Heaters
- Laundry: Inside
Features
- Has basement: No
Property
Parking
- Total spaces: 36
- Parking features: Off Street
Lot
- Size: 0.6 Acres
Details
- Parcel number: 1330602012006000
- Zoning: M3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick/Mortar
- Roof: Synthetic
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Ind Heat And Air, Master Meters, Separate Meters
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Topeka
Financial & listing details
- Annual tax amount: $21,230
- Date on market: 10/7/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale | $2,950,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Monroe
Nearby schools
Schools provided by the listing agent
- Elementary: Meadows
- Middle: Robinson
- High: Topeka
Source: Heartland MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




