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  • $2,950,000

    1306 SW Harrison St, Topeka, KS 66612

    --beds
    0baths
    --sqft
    : 
    $20,611/mo
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    Apartment
    Built in 1968
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    New flooringGranite countertopsModern interiorsUpdated unit interiorsGated parkingNew roofs
    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.
    7 days
    94
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Lutz 913-426-5576,

    Lutz Sales + Investments

    Source: Heartland MLS as distributed by MLS GRID,MLS#: 2644657MLS Logo

      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

        DateEventPrice
        10/7/2026Listed for sale$2,950,000
        Source: Heartland MLS as distributed by MLS GRID #2644657 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Monroe

        Getting around

        73 / 100
        Very Walkable
        41 / 100
        Some Transit
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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.

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