Search
7-Unit Apartment Building
For Sale
$165,000

436 N Jefferson Street, Ottumwa, IA 52501

COMMERCIAL - Ottumwa, IA

Property SizeContact for details
Days on Market130

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: Aug 19 Last Checked: Aug 30 at 12:06PM
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 seven-unit apartment property at 436 N Jefferson Street in Ottumwa, Iowa, was built in 1900 and has vinyl siding. The building uses baseboard heating, and each apartment is separately metered for electricity. Public water serves the property.

All seven units are occupied. Water, sewer, and trash service are paid by the landlord, while individual electric meters separate that utility from the building’s shared expenses. The property is located in Wapello County and carries an Ottumwa mailing address.

Key Highlights

  • Seven‑unit apartment building with all units occupied
  • Separate electric meters for each unit
  • Landlord pays water, sewer, and trash

Property Analytics

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Occupied units feature separate electric metering, with 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: Seven‑unit apartment building with all units occupied; Separate electric meters for each unit; Landlord pays water, sewer, and trash
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message