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For sale
  • $618,000

    940/942 NE Poplar St, Topeka, KS 66616

    --beds
    --baths
    --sqft
    : 
    $4,232/mo
    Get pre-qualified
    Package of Properties, Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
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    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#: 246145MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No

      Property

      Lot
      • Size: 6,534 Square Feet
      Details
      • Parcel number: R21244

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Package of Properties, Multi Family
      Condition
      • Year built: 1940

      Community & HOA

      Community
      • Subdivision: Jenkin W. Morris
      Location
      • Region: Topeka

      Financial & listing details

      • Tax assessed value: $4,700
      • Annual tax amount: $1,170
      • Date on market: 8/19/2026
      • Cumulative days on market: 8 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/19/2026Listed for sale$618,000
        Source: Sunflower AOR as distributed by MLS GRID #246145 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: Oakland

        Getting around

        35 / 100
        Car-Dependent
        19 / 100
        Minimal Transit
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: State Street Elementary School/USD 501
        • Middle: Chase 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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