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  • $65,000

    102 S Davis St, Ottumwa, IA 52501

    --beds
    0baths
    2,187sqft
    Triplex
    Built in 1920
    -- sqft lot
    $65,700 Zestimate®
    $30/sqft
    $848 Estimated rent

    Owner options

    List your home for rent

    $848/mo

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    $848/mo

    Rent Zestimate®

    Refinance and save

    $364/mo

    Est. payment

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    $364/mo

    Est. payment

    What's special

    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

    Zillow last checked: 8 hours ago

    Listing updated: May 30, 2025 at 12:26pm

    Listed by:

    Derek Gates 641-777-2150,

    Ottumwa Realty

    Bought with:

    Derek Gates, ***

    Ottumwa Realty

    Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6317578MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,187 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 2
    Lot
    • Size: 8,712 sqft
    • Dimensions: 66 x 132
    Details
    • Parcel number: 007417200166000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Ottumwa
    • Subdivision: R S SMITHS 4TH ADD

    HOA & financial

    HOA
    • Has HOA: No
    • Association name: SEIA