Seller's Agent in 2025
Peggy Reed
Crown Realty
(913) 963-2944
4 in this area
124 Total Sales
Last list price
115 E 5th St Ottawa, KS 66067
--
Bed
--
Bath
3,362
Sq Ft
0.72
Acres
Highlights
- 31,194 Sq Ft lot
- Porch
- Paved or Partially Paved Lot
- No HOA
- 1 Car Attached Garage
- 1-minute walk to City Park
About This Home
As of May 2025Exceptional 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 Agent to Sell the Property
Crown Realty Brokerage Phone: 913-963-2944 License #BR00045772 Listed on: 04/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,707
Year Built
- Built in 1950
Lot Details
- 0.72 Acre Lot
- Lot Dimensions are 127x150
- Paved or Partially Paved Lot
Parking
- 1 Car Attached Garage
Home Design
- Quadruplex
- Frame Construction
- Composition Roof
Interior Spaces
- 3,362 Sq Ft Home
- 2-Story Property
- Basement
- Laundry in Basement
Additional Features
- Porch
- Window Unit Cooling System
Listing and Financial Details
- Assessor Parcel Number 087-36-0-30-19-005.00-0
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 4 Units
- Ottawa Subdivision
Building Details
- Gross Income $28,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 1994
Bought by
Cook Jon K
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $30,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $300,000 | -- | $89 / Sq Ft |
Source: Heartland MLS
Tax History Compared to Growth
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 | $3,707 | $24,504 | $8,971 | $15,533 |
| 2024 | $3,707 | $23,675 | $8,659 | $15,016 |
| 2023 | $3,638 | $22,885 | $8,315 | $14,570 |
| 2022 | $3,666 | $22,229 | $8,026 | $14,203 |
| 2021 | $3,748 | $21,803 | $7,798 | $14,005 |
| 2020 | $3,232 | $18,410 | $4,423 | $13,987 |
| 2019 | $3,252 | $18,171 | $4,299 | $13,872 |
| 2018 | $3,151 | $17,456 | $4,170 | $13,286 |
| 2017 | $3,212 | $17,668 | $4,024 | $13,644 |
| 2016 | $2,912 | $16,266 | $4,024 | $12,242 |
| 2015 | $2,668 | $16,420 | $4,024 | $12,396 |
| 2014 | $2,668 | $16,084 | $4,024 | $12,060 |
Source: Public Records
Agents Affiliated with this Home
-
Peggy Reed
-
Shirley Altic
Buyer's Agent in 2025
Shirley Altic
Crown Realty
(785) 241-1625
15 in this area
23 Total Sales
Map
Source: Heartland MLS
MLS Number: 2541362
APN: 087-36-0-30-19-005.00-0
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Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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