Address
536 Ne Grattan St, Topeka, KS
Price
$ 618,000
Property Attributes
  • MLS#246139
  • TypeSingle Family
  • Listing Status Active
  • CountySHAWNEE
  • CityTopeka
  • AreaShawnee County
  • NeighborhoodHeerys
  • Zip66616
  • StyleTwo Story
  • Year Built1912
  • Taxes$ 702
  • Price$ 618,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage779
  • Lot Size0.07174 Acres
Data Source:
Sunflower MLS (SAORMLS)
Property Description

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.

Elementary School Middle School High School
State Street Elementary School/USD 501 Chase Middle School/USD 501 Highland Park High School/USD 501
Price History
8/19/2026 Listed $618,000

General Features

Living Area 779
Roof Composition
Architectural Style Two Story
Year Built 1912
Property Subtype Package of Properties
County Shawnee County
Property Type Residential
HOA No
Subdivision Name Heery's
Full Baths 1
Status Active
Directions NE Seward to NE Grattan,North to property.
High School Highland Park High School/USD 501
City Topeka
Elementary School State Street Elementary School/USD 501
Tax Annual Amount 702.44
Middle/Junior High School Chase Middle School/USD 501
Structure Type Stick Built
Standard Status Active
Ownership Type Private

Interior Features

Basement Block,Crawl Space,Partial
Basement (Y/N) No
Above Grade Finished Area 779
Laundry Features Main Level
Total Bedrooms 2
Total Baths 1

Exterior Features

Lot Dimensions 25x125

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 66616

Price
AVG $350K
$620K
Taxes
AVG $1,099
$702
Year Built
AVG 1925
1912
Visits
AVG 6
2
Data Provided by Inside Real Estate®