INVESTOR ALERT! This centrally located Topeka triplex offers immediate income with two units already rented and one vacant unit ready for a new tenant. Two units have been remodeled, and the property features a new AC and furnace. This is an excellent opportunity to own a property with strong rental upside. Located in the desirable College Hill neighborhood near Washburn University, this property provides convenient access to downtown and local amenities. The vacant unit can be shown anytime; occupied units require 24 hours’ notice.
Multi-familyProperty Type
1920Year Built
$91Price/Sq.Ft.
Listed by MARK HUMMEL• STEPHENS REAL ESTATE, INC
Listed by ABIGAIL HUMMEL• STEPHENS REAL ESTATE, INC
College Hill, located between Washburn University and Gage Park, is a historic and residential Topeka neighborhood with tree-lined streets and early-20th-century architecture. The neighborhood’s character concentrates along SW Washburn Ave by the Washburn University campus, where coffee counters, campus hangouts, and small eateries set a steady daytime rhythm. The Mulvane Art Museum and White Concert Hall act as cultural anchors with rotating exhibitions and performances. Brick Tudors, Craftsman bungalows, and classic porch-front homes shape a walkable streetscape. Sidewalks and mature canopy trees frame daily routines, while nearby parkland adds open green space. The atmosphere reads collegiate and calm, with a polished, lived-in feel.
Provided by Walk Score and Local Logic
Market insights
1500 SW Mulvane St · $199,900
DAYS ON MARKET
323 days
The average home goes pending in 15 days.
SALE-TO-LIST
92.6%
Most homes are selling 7% below list price.
LIST PRICE
$199,900
Median sale price in this area is $225,000. (13% higher than this home)
PRICE DROP
0 price drops
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full unfinished basement
Basement present
Exterior features
Composition roof
Home design
Two-story building
Residential income property (triplex)
Construction
Frame construction
Utilities
Public water
Public sewer
Natural gas available and connected
Electricity connected
Other
Zoning: Other — see remarks
Electricity and solar
View estimated energy costs and solar savings for this home
INVESTOR ALERT! This centrally located Topeka triplex offers immediate income with two units already rented and one vacant unit ready for a new tenant. Two units have been remodeled, and the property features a new AC and furnace. This is an excellent opportunity to own a property with strong rental upside. Located in the desirable College Hill neighborhood near Washburn University, this property provides convenient access to downtown and local amenities. The vacant unit can be shown anytime; occupied units require 24 hours’ notice.
Public Records
May 24, 2023
Sold
—
Sunflower MLS as distributed by MLS GRID #228816
May 19, 2023
Sold
—
May 5, 2023
Pending
—
Apr 28, 2023
Listed
$160,000
$73/sq ft
+25
Investment opportunity! Converted home offers 3 units total, 2 on main, one upper unit. Upper unit has additional screened in porch for extra living space. Beautiful oak floors & built-in, large rooms, lots of windows, full unfinished basement, all appliances included. New Furnace and central air replaced in 2020, hot water heaters (2) replaced in 2021 New front doors and storm doors in 2021 New sewer line in 2022. Walking distance from Washburn University. Schedule your showing today!
Public Records
Aug 1, 2001
Sold
$50,000
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,731 (+7.1%)
2024
$2,551 (+42.7%)
2023
$1,787 (+3.5%)
2022
$1,727 (+3.7%)
2021
$1,666 (+17.1%)
2020
$1,422 (+1.5%)
2019
$1,402 (+3.0%)
2018
$1,361 (−0.2%)
2017
$1,365 (−0.1%)
2016
$1,366 (−0.4%)
2015
$1,371 (−0.5%)
2014
$1,378
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
2
Lot width
58 ft.
Lot depth
75 ft.
Lot size
4,350 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,192
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,192
Year built
1920
Style
Single Family Residential
County
Shawnee County
APN
1410102024009000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2026.
R2
Single-Family Dwelling District
This district is established to provide for the use of detached single-family dwellings together with specified accessory uses and other uses as may be approved. It is intended that the character and use of this district be for housing and living purposes free from the encroachment of incompatible uses.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Senior
Infrastructure
Educational/school
Recreation
Housing-Mobile home park
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 107° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Topeka, KS • 66604
Average low and high temperatures (°F)
38
17
49
26
67
40
71
50
78
55
87
68
91
72
86
67
81
62
75
52
58
38
48
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1500 SW Mulvane St
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $124,000 and $319,900.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $124K to $320K.