210 E 12th St · Ottawa, KS 66067

$107,000

2 bd · 1.0 ba · 932 sqft · SingleFamily public records · 61 Days on market

Built 1930 4,250 sqft lot ↓ 54% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.0/30.0
• ARV discount +7.5/15.0
• DSCR +7.0/10.0
• 1% rule +5.8/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Attention Investors! This two bedroom, one bath home is only a few blocks from Ottawa University. Seller invested nearly $9,000 on new HVAC system in September of 2021! Located in central area of town with easy access to all local amenities. Take in the beautiful hardwood floors throughout the majority of this home. Bonus room could be made into an office, sunroom, or a reading nook. Laundry is on main level, right off the kitchen. Come take a look!

Key facts

• Updated hvac system
• 4,250 sq ft lot
• Built 1930

Tags

• UPDATED HVAC SYSTEM
• GENEROUSLY SIZED YARD

Property features AI

Finance

• Other: Living area reported as 840; Lot size about 4,250 sq ft (public records)
• HOA & community: No association fees

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer
• Home design: Single-family residence; Residential property; 1.5 stories
• Construction: Frame construction; Composition roof; Approximately 76–100 years old
• Exterior features: Lot dimensions approximately 50 x 85; Not in a flood plain

Interior

• Kitchen: Kitchen
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Electric cooling
• Interior features: Crawl space basement; 1.5-story floor plan

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $107k.

Deal economics

• At list price, monthly cash flow is $171 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $107k).
• Recommended offer: $101k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 72/100 on livability (#125 in KS) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, amenities F, commute F.
• Ottawa (town): math 23% / reading 30% proficiency, ranked #128 of 169 in KS (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Ottawa Sr High (math 8% / reading 17%, grade F, #278 of 327 statewide, top 86%, 727 students, 51% FRL) — zoned schools at 51% FRL track the district average.
• Zoned-school proficiency averages 12% at this address vs 26% district-wide (-14 pts) — the specific schools serving this property underperform the Ottawa average; the district grade overstates school quality for this exact location.
• Market conditions: 106 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 85 units permitted in Franklin County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $740 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Franklin County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 61 days — a 6% lower offer ($101k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 28y ago; this cycle's ask has dropped $10k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $100,580 (6.0% below list)

Questions for the listing agent

1. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.08% ✓
• Cap rate: 8.21%
• Cash-on-cash: 6.85%
• DSCR: 1.30
• GRM: 7.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.8%
• Equity multiple: 0.79×
• Total profit: $-6,427
• Equity at exit: $15,954

10-year hold

• IRR: 3.9%
• Equity multiple: 1.28×
• Total profit: $8,502
• Equity at exit: $9,251

Cash invested: $29,960 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Kansas: 83 Strongly Landlord-Friendly · R+10
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; moderate court pace.

Methodology + full state rankings →

ZIP-level market 66067

• Home prices YoY: -33.6%
• Active inventory: 106
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,153 medium
• Mortgage (P&I): −$561
• Tax from tax record: −$134 /mo · $1,607/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $171

Break-even live

Break-even rent $936

Max offer price $107,000

Occupancy floor 80%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $26,750
• Closing costs: $3,210
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
744 S Cedar St Unit 744-012 Ottawa, KS	1.0	1.0	845	$1,000	$1.18	2d	1	0.55mi
744 S Cedar St Unit 745-117 Ottawa, KS	2.0	1.5	1100	$1,200	$1.09	10d	1	0.55mi
4 Canterbury Ct Ottawa, KS	1.0–4.0	1.0–1.5	929	$1,225	$1.32	23d	4	0.78mi
1141 W 17th St Ottawa, KS	2.0–3.0	1.0–2.0	1030	$1,250	$1.21	23d	2	1.01mi

Listing history 35 events

1. 2026-06-18
   days on market $107,000 Active 61 DOM
2. 2026-06-17
   days on market $107,000 Active 60 DOM
3. 2026-06-16
   days on market $107,000 Active 59 DOM
4. 2026-06-12
   pricedays on market $107,000 Active 58 DOM
5. 2026-06-09
   days on market $109,900 Active 55 DOM
6. 2026-06-08
   days on market $109,900 Active 54 DOM
7. 2026-06-07
   days on market $109,900 Active 53 DOM
8. 2026-06-07
   days on market $109,900 Active 52 DOM
9. 2026-06-04
   days on market $109,900 Active 49 DOM
10. 2026-06-02
    days on market $109,900 Active 48 DOM
11. 2026-06-01
    days on market $109,900 Active 47 DOM
12. 2026-05-31
    days on market $109,900 Active 46 DOM
13. 2026-05-31
    days on market $109,900 Active 45 DOM
14. 2026-05-07
    price $109,900
15. 2026-04-15
    listed $116,500 Active
16. 2023-07-19
    soldstatus Closed 453-char remark

    Show marketing remark (453 chars)

    Attention Investors! This two bedroom, one bath home is only a few blocks from Ottawa University. Seller invested nearly $9,000 on new HVAC system in September of 2021! Located in central area of town with easy access to all local amenities. Take in the beautiful hardwood floors throughout the majority of this home. Bonus room could be made into an office, sunroom, or a reading nook. Laundry is on main level, right off the kitchen. Come take a look!

17. 2023-06-26
    status Pending 453-char remark

    Show marketing remark (453 chars)

    Attention Investors! This two bedroom, one bath home is only a few blocks from Ottawa University. Seller invested nearly $9,000 on new HVAC system in September of 2021! Located in central area of town with easy access to all local amenities. Take in the beautiful hardwood floors throughout the majority of this home. Bonus room could be made into an office, sunroom, or a reading nook. Laundry is on main level, right off the kitchen. Come take a look!

18. 2023-06-16
    listed $90,000 Active 453-char remark

    Show marketing remark (453 chars)

    Attention Investors! This two bedroom, one bath home is only a few blocks from Ottawa University. Seller invested nearly $9,000 on new HVAC system in September of 2021! Located in central area of town with easy access to all local amenities. Take in the beautiful hardwood floors throughout the majority of this home. Bonus room could be made into an office, sunroom, or a reading nook. Laundry is on main level, right off the kitchen. Come take a look!

19. 2021-08-30
    soldstatus Closed 332-char remark

    Show marketing remark (332 chars)

    Live in it while you make it your own! Centrally located with only being 1 block from Ottawa University and One block from Advent Health. This 2 bedroom 1 bathroom home features a big front porch and full of original characteristics. Main level laundry off the kitchen and also a bonus room you could turn into an office or sunroom.

20. 2021-08-03
    status Pending 332-char remark

    Show marketing remark (332 chars)

    Live in it while you make it your own! Centrally located with only being 1 block from Ottawa University and One block from Advent Health. This 2 bedroom 1 bathroom home features a big front porch and full of original characteristics. Main level laundry off the kitchen and also a bonus room you could turn into an office or sunroom.

21. 2021-06-16
    listed $69,500 Active 332-char remark

    Show marketing remark (332 chars)

    Live in it while you make it your own! Centrally located with only being 1 block from Ottawa University and One block from Advent Health. This 2 bedroom 1 bathroom home features a big front porch and full of original characteristics. Main level laundry off the kitchen and also a bonus room you could turn into an office or sunroom.

22. 2021-06-15
    historical
23. 2021-06-02
    price $69,500
24. 2021-05-21
    price $79,500
25. 2021-05-13
    price $89,000
26. 2021-05-06
    listed $95,000 Active
27. 2013-04-18
    soldstatus
28. 2013-03-04
    listed $16,000
29. 2011-06-14
    historical
30. 2011-04-07
    listed $48,000
31. 2000-01-01
    soldstatus $125,000
32. 1998-07-01
    soldstatus
33. 1998-05-01
    soldstatus $104,000
34. 1998-03-14
    listed $29,500
35. 1994-09-01
    soldstatus $238,300

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast KS · Resets to sale price

• Current annual tax: $1,607 · $134/mo
• Projected year-2 tax: $1,607 · $134/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥108°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,832
• − Mortgage interest: −$5,994
• − Property taxes: −$1,607
• − Insurance: −$535
• − Repairs & maintenance: −$1,107
• − Management: −$1,107
• − Depreciation: −$3,113
• Taxable income: $371
• Est. tax owed @ 24.0%: −$89
• After-tax cash flow: $1,963/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Ottawa
• NCES district ID: 2000015
• Math proficiency: 23% ▲ 2.00%
• Reading proficiency: 30% ▲ 3.00%
• Median HH income: $46,080
• Composite: 22.9/100
• National rank: #8003
• State rank: #128 of 169 in KS

Livability — Ottawa

• Score: 72/100
• State rank: #125
• US rank: #6479

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment D+ Housing A+ Health & safety A+ User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ottawa, KS
• City population: 16,146
• Population (ZIP): 16,146

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 24,777 people
• By 2030: 24,116 · -2.7%
• By 2040: 22,426 · -9.5%
• By 2050: 20,555 · -17.0%
• By 2075: 17,149 · -30.8%
• By 2100: 14,526 · -41.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 6% Hispanic / Latino 4%
• Common ancestry: Lithuanian 2% Italian 2% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Franklin

• 2024 margin: Solid R (+40.1) · D 28.9% · R 69.0% · Other 2.0%
• 2008→2024 swing: -17.6pp toward R · 2008: -22.5pp · 2024: -40.1pp
• All cycles: 2024: R+40.1 2020: R+38.4 2016: R+39.4 2012: R+30.4 2008: R+22.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -156.97%
• Current HPI: 309.5576
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

-53.9% since first listed

22 events — show timeline

• 2026-05-07 Price Changed $109,900 Heartland MLS as Distributed by MLS Grid
• 2026-04-15 Listed $116,500 Heartland MLS as Distributed by MLS Grid
• 2023-07-19 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2023-06-26 Pending — Heartland MLS as Distributed by MLS Grid
• 2023-06-16 Listed $90,000 Heartland MLS as Distributed by MLS Grid
• 2021-08-30 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2021-08-03 Pending — Heartland MLS as Distributed by MLS Grid
• 2021-06-16 Listed $69,500 Heartland MLS as Distributed by MLS Grid
• 2021-06-15 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2021-06-02 Price Changed $69,500 Heartland MLS as Distributed by MLS Grid
• 2021-05-21 Price Changed $79,500 Heartland MLS as Distributed by MLS Grid
• 2021-05-13 Price Changed $89,000 Heartland MLS as Distributed by MLS Grid
• 2021-05-06 Listed $95,000 Heartland MLS as Distributed by MLS Grid
• 2013-04-18 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 2013-03-04 Listed $16,000 Heartland MLS as Distributed by MLS Grid
• 2011-06-14 Listing Removed — Heartland MLS as Distributed by MLS Grid
• 2011-04-07 Listed $48,000 Heartland MLS as Distributed by MLS Grid
• 2000-01-01 Sold (Public Records) $125,000 Public Records
• 1998-07-01 Sold (MLS) — Heartland MLS as Distributed by MLS Grid
• 1998-05-01 Sold (Public Records) $104,000 Public Records
• 1998-03-14 Listed $29,500 Heartland MLS as Distributed by MLS Grid
• 1994-09-01 Sold (Public Records) $238,300 Public Records

Property tax history

+7.1%/yr

Latest (2025): $1,607 · +6.6% YoY. Source: county tax records.