Investment Opportunity: 24-Unit Apartment Complex in Prime Topeka Location This 24-unit apartment complex offers immediate cash flow and long-term upside, with 22 units currently occupied and 2 units vacant. Featuring a mix of one-bedroom and two-bedroom units, the property generates a solid monthly rental income of $15,225. Some Utilities paid by tenants. Tenants enjoy off-street parking and access to a central laundry facility, adding convenience and value to their living experience. Located in the heart of Topeka—just minutes from Topeka High School, the State Capitol, Evergy Plaza, and the shops and restaurants along revitalized Kansas Avenue—this complex is perfectly positioned for renters seeking walkable access to the city’s top amenities. A strong performer in a prime area, this property is a smart addition to any investment portfolio.
For sale
$1,200,000
817 SW Tyler St, Topeka, KS 66612
24beds
--baths
--sqft
Est.:
Apartment, Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Off-street parking
- 7 days
- on Zillow |
- 310 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 06:01pm
Listed by:
John Ringgold 785-806-2711,
KW One Legacy Partners, LLC,
Riley Ringgold 785-817-9724,
KW One Legacy Partners, LLC
Source: Sunflower AOR,MLS#: 238979

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Refrigerator, Dishwasher, Washer, Dryer
- Laundry: Common Area
Features
- Flooring: Slab
- Has fireplace: No
Property
Parking
- Total spaces: 24
- Parking features: Paved, On Site
Details
- Parcel number: R26215
- Zoning description: M-3 Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1977
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Original Town
Location
- Region: Topeka
Financial & listing details
- Tax assessed value: $52,770
- Annual tax amount: $12,950
- Price range: $1.2M - $1.2M
- Date on market: 4/18/2025
- Lease term: Other
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