Back 115 E 5th St
Off Market

115 E 5th St

Ottawa KS 66067

1
31194 sq. ft.
Duplex
Peggy ReedPeggy Reed, last sold this property on 30 May 2025 after 54 days on market.

Overview

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!

Features

1 carspace
31194 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar duplexes sold in Ottawa over the last 12 months.

Property history for 115 E 5th St

2025
Sold
Undisclosed
30 May 2025 by Peggy Reed, of Crown Realty

Happy sellers in Ottawa

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Local market activity for duplexes in Ottawa

In the last 12 months, 1 duplex similar to 115 E 5th St, have been sold.

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