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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.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 8/19/2026 |
|---|---|---|---|
| TRACT | Heery's | YEAR BUILT | 1912 |
| COUNTY | Shawnee | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | State Street Elementary School/USD 501 |
|---|---|
| Jr. High School | Chase Middle School/USD 501 |
| High School | Highland Park High School/USD 501 |
| ADDITIONAL DETAILS | |
| BASEMENT | Block, Crawl Space, Partial, Yes |
|---|---|
| LOT | 3049 sq ft |
| LOT DIMENSIONS | 25x125 |
| STYLE | Two Story |
| SUBDIVISION | Heery's |
| TAXES | 702.44 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by KW One Legacy Partners, LLC
Based on information submitted to the MLS GRID as of 8/25/26 3:33 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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