632 S Cherry Street, Ottawa, KS 66067

     
  • 3Beds
  •   
  • 1 Bath
  •  
  • 0½ Baths
  •  
  • 1,408Sq Ft
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$135,000
 est. $665/mo

Investor Special – Turnkey Income Property Near Ottawa University! Great investment opportunity with built-in rental income! This 3-bedroom, 1-bath home offers 1,408 sq. ft. of well-maintained living space and currently has 3 tenants in place with leases through July 2026. New owner has the opportunity to add a 4th tenant to increase rental income. Located near Ottawa University, the property has benefited from a steady tenant pipeline, especially through the University’s Music Program, which is willing to continue supplying tenants if desired. Recent Updates: New HVAC system (installed 9 months ago); roof replaced 3 years ago; carpet and interior paint updated 3 years ago. This is a true turn-key, income-producing property with long-term leases already secured. Low-maintenance updates have already been made, and the home is being sold AS IS. Don’t miss your chance to add a reliable, cash-flowing property to your portfolio! Agent Owner

Directions
Head south on N Main St toward E Massasoit St 0.7 mi Turn left onto E 1st St 0.2 mi Turn right onto S Cedar St 0.6 mi Turn left onto E 7th St/Seventh St 0.4 mi Turn left onto S Cherry St Destination will be on the left
Subdivision
Ottawa
City
Ottawa
County
Franklin, KS
Property Type
Residential / Single Family Residence
Listing Updated
Sep 10, 2025 at 4:09am
MLS Number
2574816
Property Tax
$1,888
Home Owners Association
No
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