3309 SE Indiana Ave, Topeka, KS 66605

Topeka
Local realty services provided by:Better Homes and Gardens Real Estate Wostal Realty
3309 SE Indiana Ave,Topeka, KS 66605
$618,000
  • 2 Beds
  • 1 Baths
  • 920 sq. ft.
  • Single family
  • Active
Listed by: patrick habiger, jacob yohn
Office: kw one legacy partners, llc.
MLS#:246143
Source:KS_TAAR

Price summary

  • Price:$618,000
  • Price per sq. ft.:$671.74

About this home

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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Home facts

  • Year built:1952
  • Subdivision & Development:Highland Crest
  • Listing ID #:246143
  • Added:5 day(s) ago
  • Updated:August 25, 2026 at 03:17 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:920 sq. ft.

Structure and exterior

  • Year built:1952
  • Building area:920 sq. ft.
  • Architectural Style:Ranch

Schools

  • High school:Highland Park High School/USD 501
  • Middle school:Eisenhower Middle School/USD 501
  • Elementary school:Ross Elementary School/USD 501

Finances and disclosures

  • Price:$618,000
  • Price per sq. ft.:$671.74
  • Tax amount:$652
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