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7531 NW US 24 Highway, Topeka
$935,000
5 Beds ⋅ 3 Baths
Equestrian and livestock property on 5 acres along a paved road, with a very well kept 4 bedroom, 3 bath home plus 1 non-conforming bedroom and a second kitchen in the basement. Landscaping is established and nicely maintained. The horse setup includes piped paddocks, a 70x80 indoor arena with lighting, and a 200x300 outdoor arena with commercial lights. The 60x60 round top barn has a tack room, five stalls on the lower level, and water, with the upper level used for hay and storage. A 40x60 insulated steel shop with concrete floor, a half bath which sits on its own septic, along with a 20x40 lean-to. A 10x30 working shed covers the cattle chute. Pens are surrounded by 5 foot pipe fence, and five large ground source automatic waterers supply fresh water for livestock. The sellers wintered 70 head of cattle here, so the property works for either a cattle or horse operation. Bonus: the property is only one hour from an international airport!

7531 NW US 24 Highway, Topeka

Listing courtesy of John Ringgold of KW One Legacy Partners, LLC.

308 Chestnut Street, Silver Lake
$425,000
This charming 10-unit multifamily in Silver Lake, Kansas consists of ten total cottages across five buildings. All units are one bedroom and one bathroom, originally constructed in the 1930s with enduring character. The smaller units do well in Silver Lake, attracting a broad tenant base that includes single professionals, couples, and downsizing seniors seeking affordable, low-maintenance living. Silver Lake’s proximity to Topeka enhances the property’s appeal by offering residents convenient access to larger employment centers, healthcare, retail, and amenities—while still enjoying the affordability and community feel of a smaller town. This dynamic supports steady rental demand from tenants who work in Topeka or the surrounding area but prefer more cost-effective housing options. In markets like Silver Lake, well-maintained multifamily assets often face limited competition, positioning investors to benefit from consistent cash flow. Manage this property for operational efficiency and consider adding some furnished rentals. 308 Chestnut St offers both immediate income and long-term upside for investors seeking dependable returns in a stable Midwest market.

308 Chestnut Street, Silver Lake

Listing courtesy of Lee Ripma of Lutz Sales + Investments.

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