Ottumwa Duplex: Investment Opportunity

2310 E Main Street Ottumwa, IA 52501

Claim this Listing
For Sale
$75,000

MULTI_FAMILY - Ottumwa, IA

Property size:
1,967 SF
Lot size:
0.17 Acres
Price / SF:
$38/SF
Added:
Apr 17, 2026
Days on Market:
85
Last Refresh:
Jul 10 at 9:06 am

Property Features for 2310 E Main Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Basement
Partial
Standard status
Active
APN
007411400010000
Size
1,967 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
STILES PARK ADD LOT 9 (2310 E. MAIN)
Tax Annual Amount
1290

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Building materials
Wood Siding, Vinyl Siding

Listing agent Derek Gates License #***

Listing office Ottumwa Realty 107 N Market St, Ottumwa, IA

Listing date Apr 17, 2026

MLS# 6337350 Listing URL

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 up/down duplex in Ottumwa, Iowa, presents a cash-flow opportunity for investors. The property features two 2-bedroom, 1-bath units. Tenants are responsible for all utilities, which helps to keep expenses low. The current rents are below fair market value, offering the potential for increased income and improved ROI. The property is located close to JBS, a prime rental area with consistent demand. This multifamily property offers a desirable location, layout, and potential for investors looking to add to their portfolio or get started in multifamily investing. The lot size is 0.17 acres and the property size is 1967 square feet.

Key Highlights

  • Cash‑flow opportunity with upside potential due to below‑market rents.
  • Up/down duplex configuration.
  • Two 2‑bedroom, 1‑bath units.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Electrical Service Auto Parts Store HVAC Service Building Supply Gym & Fitness Center Bakery Storage Facility Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Up/down duplex in prime rental area with strong cash flow.
Where is this duplex located?
The property is located at 2310 E Main Street Ottumwa, IA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Cash‑flow opportunity with upside potential due to below‑market rents.; Up/down duplex configuration.; Two 2‑bedroom, 1‑bath units.
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More about this property
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