1306 Southwest Harrison Street, Topeka, KS 66612

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$2,950,000
 est. $12,843/mo

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.

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 St and SW Harrison St, on your right.
Subdivision
Other
City
Topeka
County
Shawnee
Property Type
Residential Income / Apartment
Listing Updated
Oct 07, 2026 at 5:10pm
MLS Number
2644657
Property Tax
$21,230
Zoning
$M3
Home Owners Association
No
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