115 E 5th St
Ottawa, KS 66067
Studio
Studio
(on 0.72 acres)
Local Information
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Description
Exceptional Investment Opportunity!
Nestled in the heart of the charming college town of Ottawa, Kansas, this property presents a unique investment opportunity with significant potential. Currently, it features two fully leased residential units, generating $2,350 in monthly income, along with two vacant commercial units that could provide additional income streams. Water heater has been replaced within the past month.
The commercial spaces offer flexibility—rent them out as-is, or explore the potential of converting them into residential units with approval from the City of Ottawa. Additionally, a vacant lot is included, which could be separated for future development.
The main level residential unit boasts a welcoming covered front porch and offers a spacious 3-bedroom (one non-conforming) layout with 1 bathroom. It also includes access to a full basement, ideal for storage or use as a storm shelter.
The upper-floor unit provides a delightful view of the nearby park and features a 2-bedroom (one non-conforming), 1-bath layout, recently refreshed with fresh paint and new carpet throughout.
This is a fantastic opportunity for investors looking to expand their portfolio in a growing and vibrant community. Don’t miss out on the potential this property has to offer!
Nestled in the heart of the charming college town of Ottawa, Kansas, this property presents a unique investment opportunity with significant potential. Currently, it features two fully leased residential units, generating $2,350 in monthly income, along with two vacant commercial units that could provide additional income streams. Water heater has been replaced within the past month.
The commercial spaces offer flexibility—rent them out as-is, or explore the potential of converting them into residential units with approval from the City of Ottawa. Additionally, a vacant lot is included, which could be separated for future development.
The main level residential unit boasts a welcoming covered front porch and offers a spacious 3-bedroom (one non-conforming) layout with 1 bathroom. It also includes access to a full basement, ideal for storage or use as a storm shelter.
The upper-floor unit provides a delightful view of the nearby park and features a 2-bedroom (one non-conforming), 1-bath layout, recently refreshed with fresh paint and new carpet throughout.
This is a fantastic opportunity for investors looking to expand their portfolio in a growing and vibrant community. Don’t miss out on the potential this property has to offer!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 30, 2025
Home Highlights
Parking
Attached Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 115 E 5th St
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MLS Status: Sold |
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Appliances & Utilities Utilities: Multi-Unit Heat/AirLaundry: In Basement |
Heating & Cooling Heating: OtherNo CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Other |
Levels, Entrance, & Accessibility Number of Stories: 2 |
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Exterior Home Features Roof: CompositionPatio / Porch: Porch |
Parking & Garage No CarportHas a GarageHas an Attached GarageParking Spaces: 1Parking: Attached,Garage |
Frontage Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Construction Materials: Frame |
Property Information Parcel Number: 0873603019005.000 |
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Price List Price: $300,000 |
Status Change & Dates Possession Timing: Subject To Tenant Rights |
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Direction & Address City: OttawaCommunity: Ottawa |
School Information High School District: Ottawa |
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Not Senior Community |
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No HOA |
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Lot Area: 0.72 acres |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 2541362Attribution Contact: 913-963-2944 |
Last check for updates: about 5 hours ago
Listed by Peggy Reed, (913) 963-2944
Crown Realty
Bought with: Shirley Altic, (785) 241-1625, Crown Realty
Source: Heartland MLS as distributed by MLS GRID, MLS#2541362
Price History for 115 E 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/30/2025 | -- | Sold | Heartland MLS as distributed by MLS GRID #2541362 |
| 04/23/2025 | $300,000 | Contingent | Heartland MLS as distributed by MLS GRID #2541362 |
| 04/04/2025 | $300,000 | Listed For Sale | Heartland MLS as distributed by MLS GRID #2541362 |
| 06/25/2024 | $540,000 | ListingRemoved | Heartland MLS as distributed by MLS GRID #2480574 |
| 04/03/2024 | $540,000 | Listed For Sale | Heartland MLS as distributed by MLS GRID #2480574 |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,707 |
| Assessment | $116,770 |
Home facts updated by county records
Comparable Sales for 115 E 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.23 | Multi-Family Home | - | 11/10/25 | 3 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
Assigned Schools
These are the assigned schools for 115 E 5th St.
- Garfield Elementary School
- PK-5
- Public
- 387 Students
6/10GreatSchools RatingParent Rating AverageGarfield consistently improves each year in test scores and more areas. Teachers are extremely caring and enthusiastic about teaching. We have been in Garfield with two children and the atmosphere and curriculum continue to improve every year! We very much appreciate the principal who came a few years ago from the Blue Valley District. She has great ideas, is great to work with and strives to create a positive and progressive learning atmosphere. This school is moving forward in leaps and bounds!Parent Review13y ago - Ottawa Middle School
- 6-8
- Public
- 498 Students
5/10GreatSchools RatingParent Rating Averagethis school is not good at all teachers don’t do their jobOther Review1y ago - Ottawa Sr High School
- 6-12
- Public
- 727 Students
4/10GreatSchools RatingParent Rating AverageWent online for a semester of my last year and the performance has been sub par. For starters, the school didn't let students change their classes on their (the ones they chose in April of the previous year) schedules at the beginning of the year. So students got stuck with classes they didn't need or want for a semester. Another consistent issue is at least once a day a class won't start the meetings (where online students go to start class.) The school uses a site called Big Blue Button which causes them frequent problems. The teachers don't really know how to teach online with all due respect. Not their fault but if you're going to have online students make sure your teachers know how to teach online classes. Communication is something they need to work on. Barely any interaction with online students and as a student who is trying to learn the subject, it makes it very difficult. It puts a lot of stress on kids my age and younger. I've had to try and teach myself on many of these subjects and it just doesn't work. It's not as though that they aren't aware about the struggles kids are having as they occasionally send out emails telling us that "we're stronger for the experience" (in regards to online learning). As a student, it's demoralizing to have your efforts be for nothing and for the school to know why. So, to summarize, don't send your children online at any point to this school. They will not receive anything from it except undue stress. Online schooling here does not put students in a good position to learn. 2/10 would not do again.Student Review5y ago 
Check out schools near 115 E 5th St.
What Locals Say about Ottawa
At least 39 Trulia users voted on each feature.
93 % Say parking is easy
84 % Say it's dog friendly
84 % Say yards are well-kept
80 % Say kids play outside
76 % Say car is needed
71 % Say there's holiday spirit
64 % Say people would walk alone at night
62 % Say it's quiet
60 % Say they plan to stay for at least 5 years
57 % Say there are sidewalks
49 % Say streets are well-lit
48 % Say neighbors are friendly
48 % Say there's wildlife
44 % Say it's walkable to restaurants
27 % Say it's walkable to grocery stores
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 115 E 5th St
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Off Market Homes Near 115 E 5th St
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Based on information submitted to the MLS GRID as of 2026-05-29 23:23:14 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. Click here for more information
Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR®- Terry York - (913) 213-6604
Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR®- Terry York - (913) 213-6604
Homes for rent near 115 E 5th St
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115 E 5th St, Ottawa, KS 66067 is a studio multi-family built in 1950. This property is not currently available for sale. 115 E 5th St was last sold on May 30, 2025 for $0. The current Trulia Estimate for 115 E 5th St is $271,800.