24-Unit Apartment
For Sale
Contact for pricing
2421 Northgate St, Ottumwa, IA 52501
Two matching residential buildings provide a consistent unit layout across the property.
Property SizeContact for details
Days on Market141
Property Features for 2421 Northgate St
General Information
Standard status
Active
Property subtype
Multifamily
Units
Unit Mix
24 x 2BR/1BA
Multifamily Units
24
Building Details
Buildings
2
Stories
2
Listing Agency:
MMGREAIA LLC
(515) 224-4900
Listed By:
Shana Patrick · License #F6639000
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MMGREAIA LLC
Investment Insights
Based on property information with market context.
Northgate Apartments comprises 24 units across two matching two-story apartment buildings. Each building contains 12 two-bedroom, one-bathroom units, creating a consistent configuration throughout the property. One building was constructed in 2014, while the second dates to 1994 and was remodeled in 2016.
The property includes 3 acres of undeveloped ground at 2421 Northgate St in Ottumwa, Iowa. The additional land is identified for potential garage or storage construction supporting the apartments, as well as possible development of additional units.
The property includes 3 acres of undeveloped ground at 2421 Northgate St in Ottumwa, Iowa. The additional land is identified for potential garage or storage construction supporting the apartments, as well as possible development of additional units.
Key Highlights
- 24 units in two identical two‑story apartment buildings
- Each building contains 12 two‑bedroom, one‑bathroom units
- 2014 construction for one building
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
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Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two matching residential buildings provide a consistent unit layout across the property.
Where is this apartment building located?
The property is located at 2421 Northgate St Ottumwa, IA.
What are key features of this property?
This property features: 24 units in two identical two‑story apartment buildings; Each building contains 12 two‑bedroom, one‑bathroom units; 2014 construction for one building
