4-Plex Investment Property - Opportunity to own a 4-plex with major capital improvements already completed. Each of the four units has been renovated and is move-in ready. Perfect for investors seeking steady rental income with minimal maintenance. Property Highlights include: All major systems updated in 2024, including new furnaces and hot water tanks per unit, new appliances in all units, including washer/dryer sets, refrigerators, and stove/ranges. Also features remodeled bathrooms in every unit, updated flooring, vinyl windows, newer paint throughout, and a metal roof. Separate meters and new fuse boxes which enables tenants pay their own utilities (Excluding Water - $150 per month). This multi-family property is ideal for both seasoned investors and those looking to enter into the rental property market.
Active
$155,000
112 E 6th St, Ottumwa, IA 52501
--beds
0baths
2,866sqft
Quadruplex
Built in 1900
-- sqft lot
$150,200 Zestimate®
$54/sqft
$-- HOA
What's special
Metal roofUpdated flooringMove-in readyNewer paint throughoutRemodeled bathroomsNew furnacesNew appliances
- 5 days
- 82
- 6
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Amber Lyons 641-208-4543,
Fairfield Real Estate
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6344418
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total interior livable area: 2,866 sqft
Property
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 8,712 Square Feet
- Dimensions: 43 x 198
Details
- Parcel number: 007411240183000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Shakes, Wood Siding
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ottumwa
Financial & listing details
- Price per square foot: $54/sqft
- Tax assessed value: $48,960
- Annual tax amount: $860
- Date on market: 11/9/2026
- Cumulative days on market: 6 days
Estimated market value
$150,200
$141,000 - $158,000
$951/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2026 | Listed for sale | $155,000-3.1%$54/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6344418 Report a problem | ||
| 4/6/2026 | Listing removed | $160,000$56/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6333555 Report a problem | ||
| 12/8/2025 | Price change | $160,000-5.9%$56/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6333555 Report a problem | ||
| 11/8/2025 | Listed for sale | $170,000$59/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6333555 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $860 +5.4% | $48,960 +23.4% |
| 2024 | $816 -12.4% | $39,670 |
| 2023 | $932 +60.7% | $39,670 +1.6% |
| 2022 | $580 +3.6% | $39,040 +88.3% |
| 2021 | $560 -8.5% | $20,730 +12.7% |
| 2020 | $612 -3.8% | $18,390 |
| 2019 | $636 -26.6% | $18,390 |
| 2018 | $866 +30.4% | $18,390 -20.1% |
| 2017 | $664 -25.6% | $23,005 |
| 2016 | $892 -4.1% | $23,005 |
| 2015 | $930 | $23,005 |
| 2014 | $930 | $23,005 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 52501
Similar homes
- $160,000-- bd-- ba1.8k sqft524 N Wapello St, Ottumwa, IA 52501Active
MLS ID #6344379, Amber Lyons, Fairfield Real Estate. NoCoast MLS as distributed by MLS GRID - $133,000-- bd-- ba2.4k sqft1146 N Elm St, Ottumwa, IA 52501Active
MLS ID #6342392, Derek Gates, Ottumwa Realty. NoCoast MLS as distributed by MLS GRID - $159,9004 bd2 ba1.8k sqft701 E 2nd St, Ottumwa, IA 52501Active
MLS ID #6343238, Sarah Johnson, Bridge City Realty. NoCoast MLS as distributed by MLS GRID - $149,000-- bd-- ba2.2k sqft402 Richmond Ave, Ottumwa, IA 52501Active - Contingent
MLS ID #6341362, Lincoln T Lynch, Lynch Realty Inc. NoCoast MLS as distributed by MLS GRID
