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Listing provided courtesy of STEPHENS REAL ESTATE, INCLawrence MLSas Distributed by MLSGrid- MLS# 164619MLS Provider

1500 SW Mulvane StreetTopeka, KS 66604

Multi-Family · 3 Beds
$199,900 Under Contract

1500 SW Mulvane Street Overview

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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.

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1500 SW Mulvane Street Facts & Features

  • Type Multi-Family

Details

General

Association/HOA

  • Association: false

Income/Expenses

  • Gross Income: 24300

Building Information

  • Year Built: 1920

Location/Region

  • County Or Parish: Shawnee

Tax Information

  • Tax Year: 2024

General Information

  • Listing Terms: New Loan,Cash
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Zoning: Other – See Remarks

Interior

General Information

  • Basement: Full,Unfinished
  • Window Features: Most Storms,Double Hung

Exterior

Lot Information

  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Frame
  • Roof: Composition

General Information

  • Utilities: Natural Gas Connected,Electricity Connected

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Total Rent: 700
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Total Rent: 675
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Total Rent: 650
  • Beds Total: 1
  • Baths Total: 1

1500 SW Mulvane Street Neighborhood

Community

66604 (Topeka) Demographics

39
Median Age
3,320
Population Density (per sq. mile)
38%
College Educated
$53,810
Estimated Median Income
5,996
Estimated Total Home Owners
3,965
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1500 SW Mulvane Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1500 SW Mulvane Street Market Data

Based on the last 30 days in this zip code

$235,078
Average List Price
$126
Average Price per Square Foot
36
Properties Sold
51
Average Days on Market
82
Properties for Sale
Calculations provided by Reliance Network

1500 SW Mulvane Street History

Date Event Value Agent
6/1/2026Source: Sunflower MLS Status Change
Under Contract
6/1/2026Source: Lawrence MLS Status Change
Under Contract
11/18/2025Source: Sunflower MLS Added to Database
November 18, 2025
11/18/2025Source: Lawrence MLS Added to Database
November 18, 2025
5/19/2023Source: Sunflower MLS Status Change
Sold
5/5/2023Source: Sunflower MLS Status Change
Under Contract