102 S Davis Street Ottumwa, IA $ 80,000
102 S Davis Street
$ 80,000
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102 S Davis Street

Ottumwa, IA, 52501
$ 80,000
Bedrooms3 Baths3.0 Sq 2,187

Monthly Estimate*

$ 479

102 S Davis Street, Ottumwa, IA 52501 - Image 1
102 S Davis Street, Ottumwa, IA 52501 - Image 2
102 S Davis Street, Ottumwa, IA 52501 - Image 3
102 S Davis Street, Ottumwa, IA 52501 - Image 4
102 S Davis Street, Ottumwa, IA 52501 - Image 5
102 S Davis Street, Ottumwa, IA 52501 - Image 6

Multi-Family Home for sale in Ottumwa, IA

for $80,000 with 3 bedrooms and 3 full baths. This 2,187 square foot home was built in 1920 on a lot size of 0.2.

Step 1- Call your financial institution and get a pre-approval letter. Step 2- Call a Realtor. Step 3- Start making money month 1 on this investment property. Owner is also selling 131 N Willard Ottumwa IA 52501 Discover an incredible investment opportunity with this triplex, generating a steady monthly gross income of $875 per month on the upstair units. Downstairs unit is not currently generating income. This property offers a great return on investment and is perfect for both seasoned investors and those new to real estate. Property Details: -1st floor Unit Occupied but no current income, tenant manages owners rental properties -2nd floor Efficiency apartment $450 -2nd floor 1 bedroom $425 Expenses: -Owner pays water, trash, and gas service to heat a water heater. With mostly tenant-paid utilities for the building, this triplex offers a balanced blend of convenience and profitability. Don’t miss out on this fantastic opportunity to add a high-performing asset to your portfolio. Schedule a viewing today and take the first step towards financial freedom

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Multi-Family Active

Price

$ 80,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.2

Year Built

1920

Town/City

Ottumwa

County/Region

Wapello

MLS | Web ID

6317578

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Water City Water/Connected
Fireplaces 0
HOA SEIA
Status Active Active
Style Triplex
Stories 2 Stories
Class MULTI-FAMILY (2-4 UNITS)
Tax Year 2022
Fuel Natural Gas
Subdivision IA
Contingency None
Auction Y/N 0
Area Wapello
Primary City Ottumwa
Year Built 1920
Directions Head South off Finley on to Davis ST
City Ottumwa
Agent First Name Derek
Agent Last Name Gates
DOM 123
Postal Code 52501
Potential Short Sale No
Price Per Sq Ft Total AG 36.58
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Interior
Basement Unfinished
Total Number of Units 3
Garage Stalls 2
Fireplace 0
Total Baths 0
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Exterior
Exterior Vinyl
Lot Size Area 0.2
Lot Size Dimensions 66X132
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Internal Only
OriginalMLSID 6317578
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* Excluded Features
List By
Derek Gates

Listing Agent

Ottumwa Realty

Broker

derek@ottumwarealty.com

Email

Affordability Calculator

$479
Per Month
100%
0%
0%
Monthly Principal & Interest
$479
Monthly Property Taxes
--
Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/4/2024$80,000 -3.03% Price Down
5/22/2024$82,500 Listed Price

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102 S Davis Street, Ottumwa, IA, 52501 is a Multi-Family Home for sale at $80,000 with 2,187 sqft and a lot size of 0.2. 102 S Davis Street has 3 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 52501 which is in Ottumwa, IA