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  • $65,000

    102 S Davis St, Ottumwa, IA 52501

    --beds
    0baths
    2,187sqft
    Triplex
    Built in 1920
    -- sqft lot
    $66,800 Zestimate®
    $30/sqft
    $933 Estimated rent

    Home value

    $66,800

    Estimated sales range

    Not available

    $933/mo

    Zestimate® history
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    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:

    Listing updated:

    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 Square Feet
    • 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 & HOA

    Community
    • Subdivision: R S SMITHS 4TH ADD
    HOA
    • Has HOA: No
    • HOA name: SEIA
    Location
    • Region: Ottumwa

    Financial & listing details

    • Price per square foot: $30/sqft
    • Tax assessed value: $44,700
    • Annual tax amount: $906
    • Date on market: 4/29/2025
    • Cumulative days on market: 248 days

    Price history

    DateEventPrice
    5/15/2025Sold$65,000-13.3%$30/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6317578 Report a problem
    4/29/2025Pending sale$75,000$34/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6317578 Report a problem
    10/30/2024Price change$75,000-6.3%$34/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6317578 Report a problem
    7/4/2024Price change$80,000-3%$37/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6317578 Report a problem
    5/22/2024Listed for sale$82,500$38/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6317578 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$812 +5.5%$44,700 +19.5%
    2024$770 -15%$37,400
    2023$906 +8.9%$37,400 -1.3%
    2022$832 -1.2%$37,880 +27.3%
    2021$842 -8.5%$29,760 +7.6%
    2020$920 -4%$27,670
    2019$958 -5.3%$27,670
    2018$1,012 +1.4%$27,670 +2.9%
    2017$998 -4.2%$26,893
    2016$1,042 -4.2%$26,893
    2015$1,088 $26,893
    2014$1,088 -43.8%$26,893
    2013$1,936 -0.7%--
    2012$1,950 -0.8%--
    2011$1,966 -1.6%--
    2010$1,998 -1.9%--
    2009$2,036 +0.2%--
    2008$2,032 +8.7%--
    2007$1,870 --
    Find assessor info on the county website

    Neighborhood: 52501

    Nearby schools

    GreatSchools rating
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