11-Unit Cash-Flowing Rental Portfolio – 10.5% Cap Rate – $618,000 Rare opportunity to acquire a diversified, cash-flowing rental portfolio in one transaction. This package includes 11 units across a mix of single family homes and duplexes, spread across established Topeka neighborhoods, delivering a 10.5% cap rate. Included Properties: 534 NE Grattan St 536 NE Grattan St 538 NE Grattan St 309 NE Twiss Ave 1232 NW Jackson Ave 3309 SE Indiana Ave 940 & 942 NE Poplar St (duplex) 1724 SE Pennsylvania Ave Up 1724 SE Pennsylvania Ave Down 1523 SW Western 9 of the 11 units are currently occupied and producing rental income, with 2 vacant units offering immediate upside for an incoming investor to set rents at market rate. Ideal for investors looking to scale a rental portfolio in established Topeka neighborhoods. Sold as a package at $618,000.
For sale
$618,000
1523 SW Western Ave, Topeka, KS 66604
2beds
920sqft
Package of Properties, Residential
Built in 1952
10,018 Square Feet Lot
$-- Zestimate®
$672/sqft
$-- HOA
What's special
- 42 days
- 90
- 0
Zillow last checked:
Listing updated:
Listed by:
Patrick Habiger 785-969-6080,
KW One Legacy Partners, LLC,
Jacob Yohn 785-409-7475,
KW One Legacy Partners, LLC
Source: Sunflower AOR as distributed by MLS GRID,MLS#: 246144
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Laundry
- Level: Main
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 920
- Total interior livable area: 920 sqft
- Finished area above ground: 920
- Finished area below ground: 0
Property
Lot
- Size: 10,018 Square Feet
- Dimensions: 53 x 185
Details
- Parcel number: R37196
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Package of Properties, Residential
Condition
- Year built: 1952
Community & HOA
Community
- Subdivision: Highland Crest
HOA
- Has HOA: No
Location
- Region: Topeka
Financial & listing details
- Price per square foot: $672/sqft
- Tax assessed value: $50,290
- Annual tax amount: $652
- Date on market: 8/19/2026
- Cumulative days on market: 43 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $618,000$672/sqft |
Source:  Sunflower AOR as distributed by MLS GRID #246144 Report a problem | ||
| 6/8/2026 | Listing removed | $850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/7/2026 | Listed for rent | $850+6.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/15/2023 | Listed for rent | $800+28%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/13/2022 | Listed for rent | $625+19%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/14/2018 | Listing removed | $525$1/sqft |
Source: Owner Report a problem | ||
| 6/7/2018 | Listed for rent | $525$1/sqft |
Source: Owner Report a problem | ||
| 5/13/2017 | Listing removed | $525$1/sqft |
Source: Owner Report a problem | ||
| 4/15/2017 | Listed for rent | $525$1/sqft |
Source: Owner Report a problem | ||
| 3/9/2016 | Listing removed | $525$1/sqft |
Source: Owner Report a problem | ||
| 1/31/2016 | Listed for rent | $525$1/sqft |
Source: Owner Report a problem | ||
| 10/25/2014 | Listing removed | $525$1/sqft |
Source: RMF LLC Report a problem | ||
| 10/12/2014 | Listed for rent | $525$1/sqft |
Source: RMF LLC Report a problem | ||
| 7/31/2014 | Listing removed | $525$1/sqft |
Source: RMF LLC Report a problem | ||
| 7/12/2014 | Listed for rent | $525$1/sqft |
Source: RMF LLC Report a problem | ||
| 10/12/2012 | Listing removed | $525$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 8/25/2012 | Listed for rent | $525$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 6/22/2012 | Listing removed | $525$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 6/5/2012 | Listed for rent | $525$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 2/22/2012 | Listing removed | $525$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 2/15/2012 | Price change | $525-4.5%$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 1/31/2012 | Listed for rent | $550$1/sqft |
Source: vFlyer Rentals Report a problem | ||
| 2/20/2009 | Sold | -- |
Source: Sunflower AOR as distributed by MLS GRID #146708 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $759 +8.9% | $5,783 +7% |
| 2024 | $697 +30.2% | $5,405 +30.9% |
| 2023 | $535 +3% | $4,128 +7% |
| 2022 | $519 +0.8% | $3,858 +10% |
| 2021 | $515 | $3,507 +14.8% |
| 2020 | -- | $3,056 +2% |
| 2019 | $431 +3.2% | $2,997 +3% |
| 2018 | $418 -0.2% | $2,909 |
| 2017 | $419 -25.3% | $2,909 -23.3% |
| 2014 | $560 | $3,791 +20.8% |
| 2010 | -- | $3,139 +60.6% |
| 2008 | -- | $1,955 +1.8% |
| 2007 | -- | $1,920 |
| 2006 | -- | $1,920 |
| 2005 | -- | $1,920 +9.2% |
| 2004 | -- | $1,759 +1.3% |
| 2003 | -- | $1,736 |
| 2002 | -- | $1,736 +4.8% |
| 2000 | -- | $1,656 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Central Park
Nearby schools
Schools provided by the listing agent
- Elementary: Randolph Elementary School/USD 501
- Middle: Robinson Middle School/USD 501
- High: Highland Park High School/USD 501
Source: Sunflower AOR 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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