115 E 5th Street
Ottawa, KS 66067
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1950 build
- – on site
Exceptional Investment Opportunity! Nestled in the heart of the charming college town of Ottawa, Kansas, this property presents a unique investment opportunity with significant potential. Currently, it features two fully leased residential units, generating $2,350 in monthly income, along with two vacant commercial units that could provide additional income streams. Water heater has been replaced within the past month. The commercial spaces offer flexibility—rent them out as-is, or explore the potential of converting them into residential units with approval from the City of Ottawa. Additionally, a vacant lot is included, which could be separated for future development. The main level residential unit boasts a welcoming covered front porch and offers a spacious 3-bedroom (one non-conforming) layout with 1 bathroom. It also includes access to a full basement, ideal for storage or use as a storm shelter. The upper-floor unit provides a delightful view of the nearby park and features a 2-bedroom (one non-conforming), 1-bath layout, recently refreshed with fresh paint and new carpet throughout. This is a fantastic opportunity for investors looking to expand their portfolio in a growing and vibrant community. Don’t miss out on the potential this property has to offer!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 12, 2025
•
MLS# 2541362 —
The Building
-
Year Built:1950
-
Age Description:51-75 Years
-
Construction Materials:Frame
-
Roof:Composition
-
Basement:true
-
Patio And Porch Features:Porch
-
Unit Type:2 Bedroom, Other Unit
-
# of Units Total:4
-
Stories Total:2
Interior
-
Laundry Features:In Basement
Financial & Terms
-
Listing Terms:Cash, Conventional
-
Possession:Subject To Tenant Rights
Location
-
Directions:68 Hwy west of I-35 to Main St*South to 5th St*East to the property on the north side of the street
The Property
-
Property Type:Residential Income
-
Property Subtype:Quadruplex
-
Parcel Number:087-36-0-30-19-005.00-0
-
Lot Size Dimensions:127x150
-
Lot Size SqFt:31194
-
Lot Size Area:31194
-
Lot Size Units:Square Feet
-
Zoning:r2
-
Road Responsibility:Public Maintenance
-
Road Surface Type:Paved
-
In Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (913) 963-2944
- Office phone:
- (913) 215-9004
Taxes
-
Tax Total Amount:3707
Heating & Cooling
-
Cooling:Window Unit(s)
-
Cooling:false
-
Heating:Other
Utilities
-
Utilities:Multi-Unit Heat/Air
-
Sewer:Public Sewer
-
Water Source:Public
Schools
-
High School District:Ottawa
The Community
-
Subdivision Name:Ottawa
-
Association:false
-
Association Fee Frequency:None
-
Type Of Management:Owner Manager
-
Senio Community:false
Parking
-
Garage:true
-
Parking Total:1
-
Parking Features:Attached, Garage
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/4/25
Apr 4, 2025
|
Listed / Active | HMLS | $300,000 | |
|
4/3/24
Apr 3, 2024
|
Listed / Active | HMLS |
