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    Ottumwa, IA Apartment Buildings for Sale

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    Historic Landmark with Event Spaces
    Pending
    $249,000
    6,000 SF

    Historic Landmark with Event Spaces

    220 N Court St, Ottumwa, IA 52501

    Remarkable Ottumwa landmark with event spaces and apartment potential.

    • Over 6,000 sq ft of finished space with additional lower level and attic.
    • Main level (3,276 sq ft) renovated into expansive event spaces with breakout rooms, kitchen, and ADA‑compliant restrooms.
    • New roof with sustainably sourced, historically appropriate materials, and upgraded electrical and water service to the main level.
    • New HVAC system serving the main level.
    • Second floor features a spacious two‑bedroom apartment with balcony and sweeping views, plus two additional efficiency apartments.
    Updated: Feb 18
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    Downtown Ottumwa Mixed-Use Opportunity
    $415,000
    0.08 Acres

    Downtown Ottumwa Mixed-Use Opportunity

    328 E Main St, Ottumwa, IA 52501

    Two-building bundle with retail, bar/eatery, and apartment potential.

    • Two‑building bundle in downtown Ottumwa offering diverse income and development opportunities.
    • Income‑ready retail/bar space on the first floor of one building, suitable for a cafe or eatery.
    • Ready‑to‑rent two‑bedroom apartment on the second floor with potential $2,500 monthly income.
    • Vacant three‑story building offers potential for a two‑level penthouse apartment or retail space.
    • Includes essential appliances: Range, Refrigerator, Washer, and Dryer.
    Updated: Mar 5
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    Spacious Condo with Flexible Layout
    Contact for pricing
    968 SF

    Spacious Condo with Flexible Layout

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

    1335 N Elm St, Ottumwa, IA 52501
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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 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.

    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
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    24-Unit Multifamily Investment Opportunity
    $1,550,000
    9,751 SF

    24-Unit Multifamily Investment Opportunity

    High-performing, fully occupied 24-unit complex in Knoxville, Iowa.

    1718 Dolores St, Knoxville, IA 50138
    View details
    Grinnell Iowa Multifamily Investment Portfolio
    $1,415,000
    18,092 SF

    Grinnell Iowa Multifamily Investment Portfolio

    Portfolio of 12 rental homes with strong income potential.

    725 Spring St, Grinnell, IA 50112
    View details
    Mixed-Use Investment in Grinnell, Iowa
    $775,000
    0.36 Acres

    Mixed-Use Investment in Grinnell, Iowa

    Mixed-use property with residential and commercial units in downtown Grinnell.

    914 Main St, Grinnell, IA 50112
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    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
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    Ottumwa, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 4 apartment buildings for sale in Ottumwa, IA, showcased through 3 active listings 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.

    Sale 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 stay ahead with the latest data and market trends.

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