112 E 6th St Ottumwa, IA 52501
Estimated payment $908/month
About This Home
4-Plex Investment Property – Fully Updated! Fantastic opportunity to own a fully updated 4-plex with major capital improvements already completed. Each of the four units has been thoughtfully renovated and is move-in ready. Perfect for investors seeking steady rental income with minimal maintenance. Property Highlights include: All major systems updated in 2025, including brand new furnaces and hot water tanks per unit, new appliances in all units, including washer/dryer sets, refrigerators, and stove/ranges. Also features remodeled bathrooms in every unit for modern comfort, new flooring, vinyl windows, and fresh paint throughout. Separate meters and new fuse boxes which enables tenants pay their own utilities (Excluding Water - $150 per month) This low-maintenance multi-family property is ideal for both seasoned investors and those looking to enter into the rental property market. Schedule your viewing today.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 43x198
- Forced Air Heating System
Community Details
- Gross Income $3,100
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $860 | $48,960 | $7,290 | $41,670 |
| 2024 | $860 | $39,670 | $7,290 | $32,380 |
| 2023 | $932 | $39,670 | $7,290 | $32,380 |
| 2022 | $580 | $39,040 | $7,290 | $31,750 |
| 2021 | $579 | $20,730 | $7,290 | $13,440 |
| 2020 | $612 | $18,390 | $7,290 | $11,100 |
| 2019 | $636 | $18,390 | $0 | $0 |
| 2018 | $664 | $18,390 | $0 | $0 |
| 2017 | $664 | $23,005 | $0 | $0 |
| 2016 | $892 | $23,005 | $0 | $0 |
| 2015 | $930 | $23,005 | $0 | $0 |
| 2014 | $930 | $23,005 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2025 12/08/25 | Price Changed | $160,000 | -5.9% | $56 / Sq Ft |
| 11/07/2025 11/07/25 | For Sale | $170,000 | -- | $59 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $42,000 | None Listed On Document | |
| Warranty Deed | $37,500 | None Listed On Document | |
| Warranty Deed | $35,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $35,000 | Commercial |
Source: NoCoast MLS
MLS Number: NOC6333555
APN: 007411240183000
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