14 hours on Rocket
$3,028 Closing Credit¹
#2541374, Peggy Reed, Listing Office: Crown Realty
$300,000 List price
115 E 5th St Ottawa, KS 66067
$3,563
Closing credit¹
Multi-Family
Property details
About 115 E 5th St
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!
Highlights
Home typeQuadruplex
HeatingOther
StatusActive
CoolingOther, Window Unit(s)
BasementYes
Year built1950
ParkingAttached, Garage
MLS #2541362
Summary
- MLS Number: 2541362
- MLS Name: HMLS
- Office Name: Crown Realty
- Listing Agent: Peggy Reed
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.
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Copyright 2025, Heartland Multiple Listing Service, Inc.
IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Properties displayed may be listed or sold by various participants in the MLS. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
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Last updated on: 4/5/2025, 12:54:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$300,000
115 E 5th St
$3,563
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $23,675 | $3,638 |
| 2023 | $22,885 | $3,638 |
| 2022 | $22,229 | $3,665 |
| 2021 | $21,803 | $3,748 |
| 2020 | $18,410 | $3,107 |
| 2019 | $18,171 | $3,150 |
| 2018 | $17,456 | $3,150 |
| 2017 | $17,668 | $3,211 |
History based on county public records data.
Nearby schools
4
Garfield Elementary School
Public District PK-5
1.0 mi
•1213 S College St
5
Lincoln Elementary School
Public District PK-5
1.6 mi
•1102 N Milner St
6
Sunflower Elementary School
Public District PK-5
2.0 mi
•1325 Falcon Way St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,175. Residents of Ottawa, KS typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
64%
<35k
35%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
54%
Single, No Kids
12%
Single, with Kids
15%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
College Football
Where do the neighbors shop?
Family Dollar
Wal-Mart
Kmart
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Bob Evans
What do the neighbors drive?
Ford
Oldsmobile
Buick
What do the neighbors listen to?
New Country
Contemporary Inspirational- Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Ottawa, KS
About 115 E 5th St
This home is located at 115 E 5th St in Ottawa, KS and zip code 66067. Features: 0 bathroom. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $300,000.
The number of listings in Ottawa, KS increased by 12.3% between February and March 2025. The median list price of listings available in March 2025 was $216,666, while the average time on the real estate market was 84 days.
From Rocket Homes Real Estate and based on county public records data.