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7-Unit Apartment Building
For Sale
$165,000

436 N Jefferson Street, Ottumwa, IA 52501

Commercial Sale, Ottumwa, IA

Property SizeContact for details
Days on Market149

Property Features for 436 N Jefferson Street

General Information

Property type Commercial Sale
Property subtype Apartment
Directions 436 N Jefferson
Standard status Active
APN 007410090009000

Taxes and HOA fees

Tax Year 2025
Tax Description WM M BAKER'S SUB. NE 55' OF NW 160' OF LOT 7 (436-38 N JEFFERSON)
Tax Annual Amount 1912
Legal Description WM M BAKER'S SUB. NE 55' OF NW 160' OF LOT 7 (436-38 N JEFFERSON)

Utilities

Heating system Baseboard
Water source Public

Building Details

Year built 1900
Number of units 7
Building materials Vinyl Siding
Listing Agency: Lynch Realty Inc
Listed By: Lincoln Lynch · License #S60347000
Added: Apr 23 Changed: Sep 7 Last Checked: Sep 18 at 3:06AM
MLS# 6337571

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7-unit apartment building offers an occupied multifamily configuration with separate electric meters serving each unit. Water, sewer, and trash are paid by the landlord, while public water serves the property. The building dates to 1900 and features vinyl siding with baseboard heating.

Located at 436 N Jefferson Street in Ottumwa, Iowa, the property provides an established residential income asset with seven apartments in one building.

Key Highlights

  • 7‑unit apartment building
  • All 7 units currently occupied
  • Separate electric meters for each unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby

Demographics for 52501, IA

30,313
Population
13,654
Households
2.2
Avg Household Size
38
Median Age
20%
College-Educated
87%
High-School Grad
225.3 sq mi
ZIP Area
135
Density / Sq Mi
$59,091
Median Household Income
$40,173
Median Earnings
$955
Median Rent
$109,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Occupied apartment property with separately metered electric service and landlord-paid water, sewer, and trash.
Where is this apartment building located?
The property is located at 436 N Jefferson Street Ottumwa, IA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 7‑unit apartment building; All 7 units currently occupied; Separate electric meters for each unit
More about this property
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