This multi-unit property is fully set up and ready to operate as a sober living facility, or it can be adapted to suit your investment goals. Two units have been recently updated with new flooring, paint and more. Two units are vacant and one is occupied. When fully rented, the property generates approximately $2,460/month in income. Based on typical lender requirements, a 25% down payment (around $35,000) would leave an investor with an estimated $105,000 mortgage—roughly $1,000/month. That leaves nearly $1,500/month in potential cash flow!
For sale
$105,000
1262 SW Clay St, Topeka, KS 66604
3beds
--baths
--sqft
Est.:
Duplex, Multi Family
Built in 1859
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
New flooring
- 124 days
- on Zillow |
- 200 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: 18 hours ago
Listed by:
John Ringgold 785-806-2711,
KW One Legacy Partners, LLC
Source: Sunflower AOR,MLS#: 238902

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Refrigerator, Range
Features
- Flooring: Wood
- Has fireplace: No
Property
Parking
- Parking features: On Street
Lot
- Size: 6,098.4 Square Feet
Details
- Parcel number: R43339
- Zoning description: R-2 Single Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1859
Utilities & green energy
- Electric: Separate Electric Meters
- Water: Public
Community & HOA
Community
- Subdivision: Throops Addn
Location
- Region: Topeka
Financial & listing details
- Tax assessed value: $2,160
- Annual tax amount: $1,877
- Date on market: 4/15/2025
- Lease term: 12 Months
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