1306 SW Harrison Street
Topeka, KS, 66612 $ 2,950,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 20,375
for $2,950,000. This home was built in 1968 on a lot size of 0.596901.
The Kapital offers investors a rare chance to acquire a truly turnkey, fully renovated multifamily community in a highly convenient Topeka location. This three-story, 36-unit property was completely reimagined from top to bottom in 2021, with an extensive renovation taken down to the studs. Major improvements included new roofs, windows, HVAC, electrical, plumbing, & updated unit interiors—allowing a new owner to step into an extensively renovated asset without the deferred maintenance and near-term capital expenditures commonly associated with older multifamily properties. The community offers a desirable mix of studio and one-bedroom apartments featuring new flooring, cabinetry, SS appliances, granite countertops, and in-unit stacked washers and dryers. All units are separately metered for utilities, helping simplify operations and minimize owner expenses, while gated parking provides an additional amenity for residents. With virtually every major building component replaced or upgraded during the 2021 renovation, The Kapital was designed to be an exceptionally easy asset to own and operate. The extensive improvements, efficient unit mix, separate utility metering, and modern interiors create an attractive combo of operational simplicity and long-term durability for an investor seeking stabilized multifamily ownership. The property is also exceptionally well positioned within Topeka, offering convenient access to Washburn University, the Kansas State Capitol, downtown Topeka, major employment centers, government offices, dining, shopping, and other everyday amenities. Its central location provides access to multiple employment and renter-demand drivers rather than relying on any single tenant base. For investors seeking scale without taking on a major reno project, The Kapital represents a compelling opportunity: 36 extensively reno'd units, modern building systems, attractive resident amenities, and a central location—all packaged into a turnkey investment.
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FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling Electric
Utilities Ind Heat And Air Ind Water Heaters Master Meters Separate Meters
Possession Funding
Roof Synthetic
Zoning M3
HOA Fee 0
Construction Materials Brick/Mortar
Year Built 1968
Property Subtype Apartment
Assoc Fee Paid Per None
County Shawnee
Property Type Residential Income
HOA N
Subdivision Name Other
Garage Y/N N
Status Active
Directions From I-70 take the exit for SW Topeka Blvd and head south on SW Topeka Blvd. Turn left (east) onto SW 13th St. Continue one block to SW Harrison St. The property is on the southeast corner of SW 13th
High School Topeka
City Topeka
High School District Topeka
Number Of Units Total 36
MLS Area 998 - Other Kansas Area
Lot Size Units Square Feet
Lot Size Square Feet 26001
Listing Terms Cash Conventional
Elementary School Meadows
Middle/Junior High School Robinson
Public Remarks The Kapital offers investors a rare chance to acquire a truly turnkey fully renovated multifamily community in a highly convenient Topeka location. This three-story 36-unit property was completely re
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN N
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ExteriorParking Features Off Street
Water Source Public
Total Parking 36
Lot Size Area 26001
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InteriorTotal Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Laundry Features Inside
Unit Type 1 Bedroom Efficiency
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* Excluded FeaturesList ByLutz Sales + InvestmentsBroker
Affordability Calculator
- Monthly Principal & Interest
- $20,375
- Monthly Property Taxes
- $1,769
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Topeka, KS
Average List Price $0
Percent of Sale Price 100%
About Topeka, KS 127,277 Population
2% Since 2002
$ 44,822 Median Income
37.36 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
5578793 Elementary School
5578794 Middle School
Topeka High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/7/2026 | $2,950,000 | | Listed Price |