$160,000
SOLD MAR 31, 2025

805 E 2nd St Ottawa, OH 45875

-- Bed
-- Bath
2,502 Sq Ft
10,184 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

11% Below List Price

140 Days on Market

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of March 2025

Investment opportunity. Fully occupied Triplex for sale with many updates including: new roof, new sidewalks, new concrete parking lot. Apartment B has been updated with new flooring, appliances and bathroom vanity. All three apartments are furnished with fridge and stove. Two apartments are furnished with washer and dryer. Gas forced air in two apartments and electric baseboard heat in one unit. Each tenant pays water, sewer, trash, electric and gas (if applicable). Landlord pays insurance, maintenance, taxes, lawn care and snow removal. Minimum of at least 24-hour notice for showings.

Last Agent to Sell the Property

Grace Mangas

New Concept Realty LTD Brokerage Phone: (419) 348-0484 License #2017003181 Listed on: 11/11/2024

Last Buyer's Agent

Grace Mangas

New Concept Realty LTD Brokerage Phone: (419) 348-0484 License #2017003181 Listed on: 11/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1900

Lot Details

  • 10,184 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,502 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Ottawa Elementary School
  • Ottawa-Glandorf High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Electric Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection, water
  • The owner pays for grounds care, insurance, snow removal, taxes
  • Assessor Parcel Number 32-030130-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,254

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Lot Size Acres: 0.2338
  • Lot Size: 10,186
  • Inclusions: ,,
  • Subdivision Name: None
  • Unit Levels: Two
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (419) 348-0484
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Number Of Buildings: 1
  • Owner Pays: Grounds Care, Insurance, Snow Removal, Taxes
  • Has Basement: Partial
  • Basement YN: Yes
  • Living Area: 2502.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot, Paved
  • Disclosures: Disclosure on File, Lead Based Paint Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Concrete, Driveway, Parking Lot
  • Total Parking Spaces: 6.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas, Radiant
  • Sewer: Sanitary
  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Ottawa - Glandorf

Lot Info

  • Parcel #: 32-030130-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 6
  • Total Actual Rent: 1525.0

MLS Schools

  • Elementary School: Ottawa
  • HighSchool: Ottawa-Glandorf

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Mar 31, 2025
Sold by
Niese Investment Properties Llc
Bought by
Rieke Clinton R
Seller's Agent
Grace Mangas
New Concept Realty LTD
Buyer's Agent
Grace Mangas
New Concept Realty LTD
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%
Views
70
Current Estimated Value
$162,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,755
Avg. Annual Appreciation
4.72%

Purchase Details

Listed on
Sep 17, 2020
Closed on
Nov 23, 2020
Sold by
Rmc Investment Property Llc
Bought by
Niese Investments Properties Llc
Seller's Agent
Dan Irwin
New Concept Realty
Buyer's Agent
Grace Mangas
New Concept Realty LTD
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$84,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 6, 2012
Sold by
Corson Ronald M and Corson Mary M
Bought by
Rmc Investment Property Llc

Purchase Details

Closed on
Jun 12, 2003
Bought by
Rmc Investment Property Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 None Listed On Document
Warranty Deed $160,000 None Listed On Document
Warranty Deed $105,000 None Available
Warranty Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $84,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $160,000 -11.1% $64 / Sq Ft
11/11/2024 11/11/24 For Sale $179,900 +71.3% $72 / Sq Ft
11/23/2020 11/23/20 Sold $105,000 -8.7% $42 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $115,000 -- $46 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

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
2024 $1,254 $38,790 $4,360 $34,430
2023 $1,295 $26,830 $3,380 $23,450
2022 $1,109 $26,831 $3,381 $23,450
2021 $1,022 $26,830 $3,380 $23,450
2020 $1,028 $25,430 $2,990 $22,440
2019 $925 $25,270 $3,380 $21,890
2018 $953 $25,270 $3,380 $21,890
2017 $964 $25,270 $3,380 $21,890
2016 $950 $25,430 $2,990 $22,440
2015 $957 $25,430 $2,990 $22,440
2014 $944 $25,430 $2,990 $22,440
2013 $942 $25,430 $2,990 $22,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6123101

Northwest Ohio Real Estate Information Service (NORIS)

APN: 32-030130-0000