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506 SW 6th Ave, Topeka, KS, 66603

--beds
--baths
--sqft
$75,000
--price/sqft
$720/moest. monthly cost
$28,800/yrincome needed

About This Home

Prime Investment Opportunity. Own a piece of Topeka history with the Delmonte Apartments, now officially registered with State of Kansas Preservation Office. Zoning and parking are approved by City of Topeka, and the building might be eligible for multiple local, state, and federal incentives—including significant tax credits, grants, and long-term tax reimbursement programs. Call you agent for a tour and get more info today.

Getting Around

84
WalkingVery Walkable
41
TransitSome Transit
88
BikeVery Bikeable

Schools

5/10
Meadows Elementary SchoolGrades PK-50.6 mi
5/10
Robinson Middle SchoolGrades 6-81.2 mi
5/10
Topeka High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Apartment,Multi Family

Property

Details

  • Parcel number: R25970

Lot

  • Lot size: 5,227 sqft

Parking

  • Total spaces: 10

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Winter Weather
Inland Flooding
Ice Storm
Lightning
Cold Wave
Hail
Heat Wave
Strong Wind

FEMA Declared Disasters Across Kansas Counties

Flood
Snowstorm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $379$4,548
Home Insurance *$97$1,164
Property Taxes $83$996
Electricity $161$1,935
Total$720$8,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$24,685/yr
40% on housing$21,600/yr
45% on housing$19,200/yr

Kansas FAIR Plan Programs

Kansas All-Industry Placement Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 11,507Commercial: 209
Total Premiums$9.41M
Total Exposure$949,000

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 1.6%
1.6%
0%15.0%
Property Taxes Growth Rate2-year average: 5.0%
5.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 66603$20
Shawnee County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 66603$86
Shawnee County$121

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-28Price change$75,000
2025-11-20Listed for sale$89,000
2025-10-01Listing removed$89,000
2025-05-30Price change$89,000
2025-04-06Listed for sale$99,000
2023-08-24Sold--
2023-07-10Pending sale$119,000
2023-07-02Price change$119,000
2023-05-02Listed for sale$125,000
2022-08-19Sold--
2022-08-10Contingent$125,000
2022-06-14Price change$125,000
2022-05-27Listed for sale$140,000
2018-06-21Listing removed$85,000
2018-06-12Pending sale$85,000
2018-06-12Listed for sale$85,000
2018-03-14Listing removed$99,950
2017-12-17Listed for sale$99,950

For Sale by Agent

AgentChen Liang
BrokerageKW One Legacy Partners, LLC

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