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    Ottumwa, IA Apartment Buildings for Sale

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    Historic Mixed-Use Building in Ottumwa
    $249,000
    0.77 Acres

    Historic Mixed-Use Building in Ottumwa

    220 N Court St, Ottumwa, IA 52501

    Historic building with event spaces and apartment renovation potential.

    • Over 6000 sqft of space with additional lower level and attic, offering endless possibilities.
    • Main level renovated into two large event spaces with breakout rooms, kitchen, and ADA compliant restrooms, ready for immediate use.
    • New roof with sustainably sourced, historically appropriate material, along with new electrical and water supplies to the main level.
    • New HVAC system on the main level ensures comfort and efficiency.
    • Second floor features one 2‑bedroom apartment with balcony and sweeping views, plus two efficiency apartments, awaiting renovation.
    Updated: Dec 16, 2025
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    Spacious Condo with Flexible Layout
    $130,000
    968 SF

    Spacious Condo with Flexible Layout

    1335 N Elm St, Ottumwa, IA 52501

    Well-maintained condo featuring a versatile layout and updated kitchen.

    • Spacious 2‑bedroom unit plus versatile office/den/hobby room.
    • Updated oak kitchen with pantry and pass‑through to living/dining area.
    • Two bathrooms: one with tub, one with step‑in shower.
    • Two entrances and abundant storage space.
    • Rental garage space available to new owner.
    Updated: Aug 25, 2025
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Ottumwa, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Property Near Washington County Fairgrounds
    $575,000

    Multifamily Property Near Washington County Fairgrounds

    Six-unit apartment complex with income potential near Washington County Fairgrounds.

    2215 250Th St, Washington, IA 52353
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    Fully Rented Multifamily Investment Property
    $549,900
    4,189 SF

    Fully Rented Multifamily Investment Property

    Six-unit apartment complex near Washington County Fairgrounds, Washington, IA.

    2215 250Th St, Washington, IA 52353
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    Historic Knoxville Mixed-Use Building
    $699,000
    11,034 SF

    Historic Knoxville Mixed-Use Building

    Remodeled 1920 building with storefronts and apartments in prime location.

    307 E Main St, Knoxville, IA 50138
    View details
    24-Unit Multifamily Investment Opportunity
    $1,750,000
    9,751 SF

    24-Unit Multifamily Investment Opportunity

    High-performing, fully occupied 24-unit complex with strong cash flow.

    1718 Dolores St, Knoxville, IA 50138
    View details

    Explore Off-Market Properties in Ottumwa, IA

    Consider similar Off-Market properties in Ottumwa, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    118 Union St

    118 Union St

    Multifamily properties • 2.07 Acres
    Value Estimation by Request
    118 Union St, Ottumwa, IA 52501
    View details

    Ottumwa, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 3 apartment buildings for sale in Ottumwa, IA on our real estate platform. These investment opportunities span a total of 33,498 square feet of properties for sale, with an estimated market value of $249,000.

    Prices for two-family homes in Ottumwa, IA start at $249,000, averaging $249,000, and reaching up to $249,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Most Searched ZIP Codes in Ottumwa, IA

    • 52501

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