Seller's Agent in 2024
Jenny Ochoa
Palmas Real Estate LLC
(641) 208-2408
72 in this area
80 Total Sales
417 E 2nd St Ottumwa, IA 52501
Estimated Value: $176,000 - $223,040
8
Beds
4
Baths
4,408
Sq Ft
$46/Sq Ft
Est. Value
About This Home
As of February 2024Welcome to an incredible investment opportunity, nestled right in the heart of Ottumwa! Its prime location puts you close to everything you need; just minutes away from downtown attractions, popular restaurants, convenient laundry mats, JBS, OHS, and HWY 34. This impressive fourplex is generating a cash flow of $2,600 per month. Its occupancy rate is excellent! But that's not all - the potential for even greater returns starts right here, with you. Contact your favorite agent for additional info.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,172
Year Built
- Built in 1900
Lot Details
- 0.28
Home Design
- Quadruplex
- Metal Roof
- Vinyl Siding
Interior Spaces
- 4,408 Sq Ft Home
- Basement Fills Entire Space Under The House
Additional Features
- Lot Dimensions are 62 x 198
- Forced Air Heating System
Community Details
- 4 Units
- Gross Income $31,200
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $215,000 | -13.7% | $49 / Sq Ft |
| 01/05/2024 01/05/24 | Pending | -- | -- | -- |
| 07/24/2023 07/24/23 | For Sale | $249,000 | -- | $56 / Sq Ft |
Source: NoCoast MLS
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 | $2,006 | $115,150 | $12,280 | $102,870 |
| 2024 | $2,006 | $92,520 | $12,280 | $80,240 |
| 2023 | $2,172 | $92,520 | $12,280 | $80,240 |
| 2022 | $1,578 | $90,940 | $12,280 | $78,660 |
| 2021 | $1,578 | $56,460 | $10,510 | $45,950 |
| 2020 | $1,618 | $48,650 | $10,510 | $38,140 |
| 2019 | $1,684 | $48,650 | $0 | $0 |
| 2018 | $1,756 | $48,650 | $0 | $0 |
| 2017 | $2,164 | $57,439 | $0 | $0 |
| 2016 | $2,226 | $57,439 | $0 | $0 |
| 2015 | $2,322 | $57,439 | $0 | $0 |
| 2014 | $2,482 | $57,439 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jenny Ochoa
-
Nolan Stewart
Buyer's Agent in 2024
Nolan Stewart
Back Home Realty, LLC
(641) 242-0542
14 in this area
53 Total Sales
Map
Source: NoCoast MLS
MLS Number: NOC6309911
APN: 007411240218000
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Based on information submitted to the MLS GRID
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