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  • $63,000

    131 N Willard St, Ottumwa, IA 52501

    --beds
    0baths
    1,552sqft
    Triplex
    Built in 1920
    -- sqft lot
    $72,600 Zestimate®
    $41/sqft
    $966 Estimated rent

    Home value

    $72,600

    Estimated sales range

    Not available

    $966/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 102 S Davis Ottumwa IA 52501 Discover an incredible investment opportunity with this triplex, generating a steady monthly gross income of $1,465 per month. 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 1 bedroom apartment with garage access $465 -1st floor Efficiency apartment $425 no garage access -2nd floor 1 bedroom $575 no garage access Expenses: -Owner pays water, trash, and gas for entire triplex. There are 2 electrical services owner pays for the first floor electric that is for both 1st floor units and upstairs electric is separate and is paid for by the tenant 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#: 6317579MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,552 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: 007417210118000

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: R S SMITHS 5TH
    HOA
    • Has HOA: No
    • HOA name: SEIA
    Location
    • Region: Ottumwa

    Financial & listing details

    • Price per square foot: $41/sqft
    • Tax assessed value: $49,250
    • Annual tax amount: $994
    • Date on market: 4/30/2025
    • Cumulative days on market: 82 days

    Price history

    DateEventPrice
    10/31/2024Sold$63,000-13.1%$41/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6317579 Report a problem
    10/31/2024Pending sale$72,500$47/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6317579 Report a problem
    7/4/2024Price change$72,500-3.3%$47/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6317579 Report a problem
    5/22/2024Listed for sale$75,000+158.6%$48/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6317579 Report a problem
    4/18/2014Sold$29,000$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$898 +5.4%$49,250 +19%
    2024$852 -14.3%$41,390
    2023$994 +41.6%$41,390 -0.6%
    2022$702 -3.6%$41,630 +65.6%
    2021$728 -8.5%$25,140 +5.1%
    2020$796 -3.9%$23,910
    2019$828 -6.5%$23,910
    2018$886 +2.8%$23,910 +1.7%
    2017$862 -5.3%$23,500
    2016$910 -4.2%$23,500
    2015$950 $23,500
    2014$950 -32.8%$23,500
    2013$1,414 -0.7%--
    2012$1,424 -0.8%--
    2011$1,436 -1.5%--
    2010$1,458 -1.9%--
    2009$1,486 +0.1%--
    2008$1,484 +15%--
    2007$1,290 --
    Find assessor info on the county website

    Neighborhood: 52501

    Nearby schools

    GreatSchools rating
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