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Ottumwa Duplex: Investment Opportunity
For Sale
$59,999

134 S Cooper Avenue, Ottumwa, IA 52501

MULTI_FAMILY - Ottumwa, IA

Property Size2,087 SF
Lot Size0.15 Acres
Price / SF$28.75
Days on Market89

Property Features for 134 S Cooper Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Full
Subdivision JANNEY ADD
Directions E Main to S Cooper
Standard status Active
APN 007410830048000
Size 2,087 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description JANNEY ADD LOT 28 BLK 2 (134 S COOPER)
Tax Annual Amount 1012
Legal Description JANNEY ADD LOT 28 BLK 2 (134 S COOPER)

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1890
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Listing Agency: Bridge City Realty
Listed By: Trisha Rea · License #***
Added: May 4 Changed: Jul 18 Last Checked: Jul 31 at 9:06AM
MLS# 6337987

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 well-maintained duplex in Ottumwa, Iowa, presents an excellent investment opportunity with strong rental income potential. Each unit features 2 bedrooms and 1 full bath, providing comfortable and functional living spaces for tenants. The upper-level unit has been updated with new electrical and a newer furnace. Both units share water service. The property also includes newer vinyl siding for low-maintenance exterior appeal. A one-car garage adds convenience. The shared backyard offers a manageable outdoor space for occupants. The property is situated on a lot of 0.15 acres and the building size is 2087 square feet. This property presents a versatile and attractive opportunity for expanding your rental portfolio or living in one unit while generating income from the other.

Key Highlights

  • Strong rental income potential from a well‑maintained duplex.
  • Upper‑level unit updated with new electrical and newer furnace.
  • Newer vinyl siding for low‑maintenance exterior.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Bakery Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Computer & Electronic Repair

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

230
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Well-maintained duplex with strong rental income potential in Ottumwa, Iowa.
Where is this duplex located?
The property is located at 134 S Cooper Avenue Ottumwa, IA.
What is the asking price?
The asking price for this property is $59,999.
What are key features of this property?
This property features: Strong rental income potential from a well‑maintained duplex.; Upper‑level unit updated with new electrical and newer furnace.; Newer vinyl siding for low‑maintenance exterior.
More about this property
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