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115 E 5th
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115 E 5th east side
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115 E 5th west side
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115 E 5th garage west side
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115 E 5th vacant lot included corner of 5th & Hickory St
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115 E 5th view of vacant lot from across the street on Hickory
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115 E 5th located in commercial area of town - accross the street to the south is a beauiful park
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115 E 5th main floor
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115 E 5th main floor
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115 E 5th main floor
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115 E 5th main floor
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115 E 5th main floor
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115 E 5th main floor
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115 E 5th main floor
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115 E 5th main floor
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115 E 5th main floor
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115 E 5th main floor
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115 E 5th main floor
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115 E 5th commercial office main floor
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115 E 5th commercial office main floor
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115 E 5th commercial main level
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115 E 5th kitchen in commercial main level
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115 E 5th St kitchen with garage door open
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115 E 5th garage space
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115 E 5th door to 2nd commercial space(no key enter from east side door)
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115 E 5th upstairs apartment entry door
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115th St upstairs view from balcony of city park area
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115 E 5th St entrance to large commercial space with kitchen two bathrooms and kitchen (west side of building
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115 E 5th commercial hallway
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115 E 5th commercial hallway
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115 E 5th St commercial space main level
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115 E 5th commercial space main level
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115 E 5th commercial space main level
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115 E 5th commercial office main level
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115 E 5th commercial space main level
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115 E 5th St commercial bathroom main level
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115 E 5th commercial bath main level
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115 E 5th commercial space main level
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115 E 5th commercial office main level
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115 E 5th commercial office main level
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115 E 5th St
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115 E 5th St
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115 E 5th St
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115 E 5th St
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115 E 5th St
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115 E 5th St
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115 E 5th
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115 E 5t East Commercial Space
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115 E 5t East Commercial Space
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115 E 5t East Commercial Space
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All three furnaces at 115 E 5t located in East Commercial Space
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All three furnaces at 115 E 5t located in East Commercial Space
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115 E 5th Upstairs Unit
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115 E 5th Upstairs Unit
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115 E 5th Upstairs unit
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115 E 5th Upstairs Unit
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115 E 5th Upstairs Unit
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115 E 5th Upstairs Unit
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115 E 5th Upstairs unit
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115 E 5th Upstairs Unit
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115 E 5th Upstairs Unit
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115 E 5th 2nd non-conforming bdrm (no closet) Upstairs unit
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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!
- Directions
- 68 Hwy west of I-35 to Main St*South to 5th St*East to the property on the north side of the street
- Subdivision
- Ottawa
- City
- Ottawa
- County
- Franklin, KS
- Property Type
- Residential Income / Quadruplex
- Listing Updated
- Apr 19, 2025 at 5:04pm
- MLS Number
- 2541362
- Property Tax
- $3,707
- Zoning
- $r2
- Home Owners Association
- No
- Disclaimer
- The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2025, Heartland Multiple Listing Service, Inc. Heartland MLS, Elite Realty and Agent Jo do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
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