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5 Buildings with 75 Doors 901 SW Tyler St 75 Unit Apartment Building $4,500,000 ($60,000/Unit) 7.62% Cap Rate Topeka, KS 66612

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Investment Highlights

  • There are 69 units on one block with this listing. The other 6-plex building is located three blocks away.

Executive Summary

Listing includes five multifamily apartment buildings. Four of those buildings are located on one block. All information is included in the sales attachment.
901 SW Tyler (37 Doors)
915 SW Tyler (11 Doors)
917 SW Tyler (6 Doors)
919 SW Tyler (15 Doors)
630 SW Taylor (6 Doors)

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $629,891 $38.20
Other Income $5,900 $0.36
Vacancy Loss $31,495 $1.91
Effective Gross Income $604,296 $36.65
Taxes $39,450 $2.39
Operating Expenses $221,818 $13.45
Total Expenses $261,268 $15.84
Net Operating Income $343,028 $20.80

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $629,891
Annual Per SF $38.20
Other Income
Annual $5,900
Annual Per SF $0.36
Vacancy Loss
Annual $31,495
Annual Per SF $1.91
Effective Gross Income
Annual $604,296
Annual Per SF $36.65
Taxes
Annual $39,450
Annual Per SF $2.39
Operating Expenses
Annual $221,818
Annual Per SF $13.45
Total Expenses
Annual $261,268
Annual Per SF $15.84
Net Operating Income
Annual $343,028
Annual Per SF $20.80

Property Facts

Price $4,500,000
Price Per Unit $60,000
Sale Type Investment
Cap Rate 7.62%
Sale Condition Bulk/Portfolio Sale
No. Units 75
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.06 AC
Building Size 46,634 SF
Average Occupancy 97%
No. Stories 3
Year Built/Renovated 1950/2014
Parking Ratio 1.44/1,000 SF
Zoning M3

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Heating

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Property Manager on Site
  • Gated
  • Pet Play Area

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 25 $687.50 350 - 400
1+1 39 $787.50 600 - 750
2+1 11 $900.00 800 - 900
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
109-31-0-30-10-001-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$119,338
Annual Taxes
$39,450 ($0.85/SF)
Tax Year
2025
  • Listing ID: 39628463

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 901 SW Tyler St, Topeka, KS 66612

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