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Virtual Tour
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$445,000

For Sale

2 months ago

308 Chestnut St, Silver Lake, KS

House

MLS® 2603759

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $3,736
Days Active 51
Lot Size 
Approx. Age 1930
MLS® Number 2603759

Property Address: 308 Chestnut St, Silver Lake, KS, 66539-9709

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number2603759
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
Basement
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 26, 2026List Date
$445,000List Price
  • Commute

Commute

Starting Address
Destination Address
308 Chestnut St, Silver Lake, KS

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