Address
3309 Se Indiana Ave, Topeka, KS
Price
$ 618,000
Property Attributes
  • MLS#246143
  • TypeSingle Family
  • Listing Status Active
  • CountySHAWNEE
  • CityTopeka
  • AreaShawnee County
  • NeighborhoodHighland Crest
  • Zip66605
  • StyleRanch
  • Year Built1952
  • Taxes$ 652
  • Price$ 618,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage920
  • Lot Size0.225092 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
Ross Elementary School/USD 501 Eisenhower Middle School/USD 501 Highland Park High School/USD 501
Price History
8/19/2026 Listed $618,000

General Features

Living Area 920
Architectural Style Ranch
Year Built 1952
Property Subtype Package of Properties
County Shawnee County
Property Type Residential
HOA No
Subdivision Name Highland Crest
Full Baths 1
Status Active
Directions 29th East to Indiana,South to address.
High School Highland Park High School/USD 501
City Topeka
Elementary School Ross Elementary School/USD 501
Tax Annual Amount 652.18
Middle/Junior High School Eisenhower Middle School/USD 501
Structure Type Stick Built
Standard Status Active
Ownership Type Private

Interior Features

Basement (Y/N) No
Above Grade Finished Area 920
Total Bedrooms 2
Total Baths 1

Exterior Features

Lot Dimensions 53x185

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 66605

Price
AVG $280K
$620K
Taxes
AVG $1,986
$652
Year Built
AVG 1967
1952
Visits
AVG 13
4
Data Provided by Inside Real Estate®