Fantastic opportunity to own a 24-unit apartment investment in Topeka with gross monthly income over $17,000! Featuring two solidly constructed apartment buildings with a total of 24 one-bedroom, one-bathroom units, this property offers an attractive addition to any investment portfolio. The buildings are thoughtfully situated around a central courtyard, providing a welcoming community atmosphere for residents. Additional amenities include convenient on-site carport parking, shared laundry facilities, and easy access to the units from the rear of the buildings directly from the parking area. Both buildings also feature spacious basements that have been completely cleared out, providing huge potential for the next owner to renovate, finish, or repurpose to suit their investment goals. With a desirable unit count, solid construction, convenient amenities, and additional opportunities to enhance the property's functionality and value, this apartment community offers tremendous potential for investors looking to expand their multifamily portfolio. Whether you're a seasoned investor or looking for your next investment opportunity, this is a property you won't want to miss!
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Around this home
Schools
K - 12
Preschool & daycare
Meadows Elementary School
Public PreK-5 • Assigned • 1.2mi
4/10
Robinson Middle School
Public 6-8 • Assigned • 0.6mi
4/10
Topeka High School
Public 9-12 • Assigned • 0.5mi
5/10
Provided by GreatSchools
About
Monroe
Monroe, located between SW 6th Ave and SW 21st St, is a residential and civic Topeka neighborhood with a gridded street plan and mature tree canopy. The neighborhood’s character concentrates around SW 6th Ave near Gage Blvd, where small storefronts, service counters, and steady traffic set an everyday, lived-in rhythm. Housing leans toward mid-century ranches and modest bungalows, with tidy setbacks and practical garages. Gage Park and the Topeka Zoo add broad lawns, walking loops, and weekend energy. Washburn University and the Mulvane Art Museum bring lectures, galleries, and campus architecture into the mix. The result reads as grounded, walk-and-drive friendly, and anchored by long-standing public spaces.
Provided by Walk Score and Local Logic
Market insights
403 SW Huntoon St · $1,200,000
DAYS ON MARKET
1 days
The average home goes pending in 6 days.
SALE-TO-LIST
100.0%
Most homes are selling 0% above list price.
LIST PRICE
$1,200,000
Median sale price in this area is $549,600. (54% lower than this home)
PRICE DROP
0 price drops
29% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Bedrooms
24 bedrooms
Laundry & utility
Central laundry
Home design
Apartment
Parking
18 parking spaces
Carport parking
Paved parking
Security
Fire alarm
Fire sprinkler system
Utilities
Public water
Public sewer
Separate electric meters
Separate gas meters
Master electric meter
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Shawnee County
APN
R33165
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Nov 10, 2026.
M3
Multiple-Family Dwelling District
It is the purpose of this district to provide for multiple-family dwelling structures which are in the moderate to high density range and at heights which allow for a high intensity of use and development. The location of this district is intended to complement high activity centers such as the central business district, employment centers or other similar locations. Since this district will have high levels of pedestrian activity, attention will be focused on ensuring a pleasant, safe and efficient pedestrian environment.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
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
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
5/10 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 • 66612
Average low and high temperatures (°F)
37
17
49
25
66
39
71
49
77
54
87
67
91
72
86
67
82
61
72
53
58
38
48
27
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Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 403 SW Huntoon St
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $168,000 and $310,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $168K to $310K.