- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$425,000
Monthly Est:$2,115
-- Bed
1 Bath
--sqft
308 Chestnut St, Silver Lake, KS 66539
$425,000
$2,115/moEst:
Get Pre-Approved
Multi Family
Built in 1930
$-- HOA
18,560 sqft lot
--/sqft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 26, 2026 at 7:33 pm
- Listing Provided by: Lee Ripma (816) 866-8322 | Lutz Sales + Investments (913) 426-5576
- Source: Heartland MLS-KS | MLS#: 2603759
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1930
HOA Fees
-
Finished Area
- sqft
Lot Size
18,560 sqft lot
Basement Area
- sqft
MLS Name
Heartland MLS
MLS Number
2603759
MLS Status
Active
Days on Market
225
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: 1
Interior
Sewer
Public Sewer
Heating
Forced Air
Cooling
Other, Window Unit(s)
Construction
Year Built
Year Built: 1930
Home type
Multi Family
Construction Materials
Wood Siding
Roof
Composition
Utilities & Energy
Parking Features
Off Street
Utilities
Master Meters
Water Source
City/public Verify
Other Features
Subdivision Name
Other
Price History
| Date | Event | Price |
|---|---|---|
06/04/2026 Source: | Price Decreased | $425,000 -4.49% $0/sqft |
04/01/2026 Source: | Listed for Sale | $445,000 $0/sqft |
Find Homes by Property Features in Silver Lake, KS
Based on information from the Kansas City Regional Association of REALTORS® or Heartland MLS through Oct 09, 2026, 02:31PM. The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Heartland MLS does not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non- commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Some IDX listings have been excluded from this website. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company. © 2026 Heartland Multiple Listing Service, Inc. All Rights Reserved.
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