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    Wapello County, IA Apartment Buildings for Sale

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    Two-Building Bundle in Downtown Ottumwa
    $415,000
    0.08 Acres

    Two-Building Bundle in Downtown Ottumwa

    328 E Main St, Ottumwa, IA 52501

    Versatile mixed-use property with retail and residential income potential.

    • Two‑building bundle in downtown Ottumwa offering diverse income and development opportunities.
    • Income‑ready retail space and bar/eatery layout on the first floor of one building.
    • Ready‑to‑rent two‑bedroom apartment on the second floor with potential $2,500 monthly income.
    • Adjacent vacant three‑story building offers potential for a two‑level penthouse apartment or retail space.
    • Includes appliances: Range, Refrigerator, Washer, and Dryer.
    Updated: Mar 8
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    Historic Landmark with Event Spaces
    $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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    Based on your search, we've compiled 3 Potential Opportunities for your consideration. Besides 2 Active listings in Wapello County, IA, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads

    Explore Off-Market Properties in Wapello County, IA

    Consider similar Off-Market properties in Wapello County, 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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    Wapello County, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 3 apartment buildings for sale in Wapello County, IA on our real estate platform. These investment opportunities span a total of 36,982 square feet of properties for sale, with an estimated market value of $664,000.

    Sale prices for two-family homes in Wapello County, IA start at $249,000, averaging $332,000, and reaching up to $415,000 — 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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