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    Ottumwa, IA Multifamily Properties for Sale

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    Historic Landmark with Event Spaces
    Pending
    $249,000
    6,000 SF

    Historic Landmark with Event Spaces

    220 N Court St, Ottumwa, IA 52501

    Remarkable Ottumwa landmark with event spaces and apartment potential.

    • Over 6,000 sq ft of finished space with additional lower level and attic.
    • Main level (3,276 sq ft) renovated into expansive event spaces with breakout rooms, kitchen, and ADA‑compliant restrooms.
    • New roof with sustainably sourced, historically appropriate materials, and upgraded electrical and water service to the main level.
    • New HVAC system serving the main level.
    • Second floor features a spacious two‑bedroom apartment with balcony and sweeping views, plus two additional efficiency apartments.
    Updated: Feb 18
    View details
    Updated Fourplex Investment Opportunity
    $160,000
    2,866 SF

    Updated Fourplex Investment Opportunity

    112 E 6Th St E, Ottumwa, IA 52501

    Fully updated fourplex in Ottumwa, Iowa, with steady rental income.

    • Fully updated 4‑plex with major capital improvements completed in 2025.
    • Each unit is move‑in ready with new appliances, including washer/dryer sets, refrigerators, and stove/ranges.
    • New furnaces and hot water tanks per unit.
    • Remodeled bathrooms in every unit.
    • Separate meters and new fuse boxes enable tenants to pay their own utilities (excluding water).
    Updated: Jan 24
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    Move-in Ready Ottumwa 3-Plex
    $140,000
    1,482 SF

    Move-in Ready Ottumwa 3-Plex

    Remodeled 3-plex near downtown Ottumwa, ideal for investors.

    147 N Ward St, Ottumwa, IA 52501
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    Updated Fourplex in Ottumwa, Iowa
    $180,000
    1,824 SF

    Updated Fourplex in Ottumwa, Iowa

    Turnkey investment opportunity: renovated fourplex with modern amenities and strong rental potential.

    524 N Wapello St, Ottumwa, IA 52501
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    Spacious Condo with Flexible Layout
    Contact for pricing
    968 SF

    Spacious Condo with Flexible Layout

    Well-maintained condo featuring a versatile layout and updated kitchen.

    1335 N Elm St, Ottumwa, IA 52501
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    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 5 Active listings in Ottumwa, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building Near Downtown Square
    $580,000
    9,562 SF

    Mixed-Use Building Near Downtown Square

    Mixed-use building with restaurant and apartments near downtown square.

    120 W Broadway Ave, Fairfield, IA 52556
    View details
    Fairfield Triplex Near Campus
    $169,000
    3,276 SF

    Fairfield Triplex Near Campus

    Triplex near campus with income potential and separate utilities.

    500 N Main St, Fairfield, IA 52556
    View details
    Income-Producing Four-Unit Multifamily Property
    $250,000
    2,532 SF

    Income-Producing Four-Unit Multifamily Property

    Remodeled four-unit property in Centerville, Iowa, generating monthly income.

    427 E State St, Centerville, IA 52544
    View details
    Centerville Duplex: Investment Opportunity
    $89,900
    1,904 SF

    Centerville Duplex: Investment Opportunity

    Well-maintained duplex in Centerville, IA with income potential.

    301 E Walsh St, Centerville, IA 52544
    View details

    Explore Off-Market Properties in Ottumwa, IA

    Consider similar Off-Market properties in Ottumwa, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    391 Blackhawk Rd

    391 Blackhawk Rd

    MOBILE HOME PARK, TRAILER PARK • 0.45 Acres
    Value Estimation by Request
    391 Blackhawk Rd, Ottumwa, IA 52501
    View details
    Ottumwa, IA 52501

    Ottumwa, IA 52501

    MOBILE HOME PARK, TRAILER PARK • 2.87 Acres
    Value Estimation by Request
    Ottumwa, IA 52501
    View details
    1133 Ss St

    1133 Ss St

    MOBILE HOME PARK, TRAILER PARK • 0.52 Acres
    Value Estimation by Request
    1133 Ss St, Ottumwa, IA 52501-5474
    View details
    16440 Hwy 34us

    16440 Hwy 34us

    MOBILE HOME PARK, TRAILER PARK • 18.72 Acres
    Value Estimation by Request
    16440 Hwy 34us, Ottumwa, IA 52501-8895
    View details
    Ottumwa, IA 52501

    Ottumwa, IA 52501

    MOBILE HOME PARK, TRAILER PARK • 0.62 Acres
    Value Estimation
    $4,175,000
    Ottumwa, IA 52501
    View details
    Ottumwa, IA 52501

    Ottumwa, IA 52501

    MOBILE HOME PARK, TRAILER PARK • 18.31 Acres
    Value Estimation
    $4,350,000
    Ottumwa, IA 52501
    View details
    1316 Mary St

    1316 Mary St

    MOBILE HOME PARK, TRAILER PARK • 6.21 Acres
    Value Estimation by Request
    1316 Mary St, Ottumwa, IA 52501-5250
    View details
    Ottumwa, IA 52501

    Ottumwa, IA 52501

    MOBILE HOME PARK, TRAILER PARK • 0.72 Acres
    Value Estimation by Request
    Ottumwa, IA 52501
    View details
    Alta Vis

    Alta Vis

    MOBILE HOME PARK, TRAILER PARK • 2.00 Acres
    Value Estimation
    $4,350,000
    Alta Vis, Ottumwa, IA 52501
    View details
    Ottumwa, IA 52501

    Ottumwa, IA 52501

    MOBILE HOME PARK, TRAILER PARK • 0.96 Acres
    Value Estimation
    $4,350,000
    Ottumwa, IA 52501
    View details
    Ottumwa, IA 52501

    Ottumwa, IA 52501

    MOBILE HOME PARK, TRAILER PARK • 2.65 Acres
    Value Estimation by Request
    Ottumwa, IA 52501
    View details
    Ottumwa, IA 52501

    Ottumwa, IA 52501

    MOBILE HOME PARK, TRAILER PARK • 0.72 Acres
    Value Estimation by Request
    Ottumwa, IA 52501
    View details
    Ottumwa, IA 52501

    Ottumwa, IA 52501

    MOBILE HOME PARK, TRAILER PARK • 0.22 Acres
    Value Estimation by Request
    Ottumwa, IA 52501
    View details
    Ottumwa, IA 52501

    Ottumwa, IA 52501

    MOBILE HOME PARK, TRAILER PARK • 0.56 Acres
    Value Estimation
    $4,190,000
    Ottumwa, IA 52501
    View details
    Ottumwa, IA 52501

    Ottumwa, IA 52501

    MOBILE HOME PARK, TRAILER PARK • 7.50 Acres
    Value Estimation
    $4,350,000
    Ottumwa, IA 52501
    View details
    1846 2nd St

    1846 2nd St

    MOBILE HOME PARK, TRAILER PARK • 1.92 Acres
    Value Estimation by Request
    1846 2nd St, Ottumwa, IA 52501-1549
    View details
    Ottumwa, IA 52501

    Ottumwa, IA 52501

    MOBILE HOME PARK, TRAILER PARK • 3.06 Acres
    Value Estimation by Request
    Ottumwa, IA 52501
    View details
    118 Union St

    118 Union St

    Multifamily properties • 2.07 Acres
    Value Estimation by Request
    118 Union St, Ottumwa, IA 52501
    View details
    1405 Albia Rd

    1405 Albia Rd

    MOBILE HOME PARK, TRAILER PARK • 5.68 Acres
    Value Estimation by Request
    1405 Albia Rd, Ottumwa, IA 52501-3904
    View details

    Ottumwa, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 28 multifamily properties for sale in Ottumwa, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 3,841,943 square feet of properties for sale, with an estimated market value of $38,529,000.

    Sale prices for multifamily properties in Ottumwa, IA start at $70,000, averaging $2,140,500, and reaching up to $4,070,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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