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    Ottumwa, IA
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    Ottumwa, IA Multifamily Properties for Sale

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    Agency, IA Bloomfield, IA Blakesburg, IA Floris, IA Hedrick, IA Batavia, IA Douds, IA Albia, IA
    7 properties
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    Two-Story Duplex with Carport
    Updated: Sep 2
    Two-Story Duplex with Carport

    1146 N Elm Street, Ottumwa, IA 52501

    $133,000
    2,466 sqft 1.49 AC lot
    Two‑story duplex with 2,466 square feet
    Each unit includes 2 bedrooms, living room, kitchen, and full bath
    1.49‑acre parcel with yard area
    Large carport provides off‑street parking
    One unit is currently vacant
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    Updated Duplex with Garage
    Updated: May 4
    Updated Duplex with Garage

    134 S Cooper Avenue, Ottumwa, IA 52501

    $55,000
    2,087 sqft 0.15 AC lot
    Two‑unit duplex with 2 bedrooms and 1 full bath in each unit
    2,087 square feet on a 0.15‑acre lot
    Upper unit includes updated electrical service and a newer furnace
    One‑car garage and shared backyard
    Vinyl siding and forced‑air heating
    View details
    3-Unit Mixed-Use Property
    3-Unit Mixed-Use Property

    402 Richmond Street, Ottumwa, IA 52501

    $149,000
    2,200 sqft

    Three-unit building combines residential apartments with office and kitchenette space in a flexible commercial layout.

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    See hot listings in Ottumwa

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Restored Mixed-Use Building
    Restored Mixed-Use Building

    325 E Main St, Ottumwa, IA 52501

    $560,000
    3,500 sqft

    Downtown property combines an open commercial main level with three remodeled upstairs apartments.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    436 N Jefferson Street, Ottumwa, IA 52501

    $165,000

    Occupied apartment property with separately metered electric service and landlord-paid water, sewer, and trash.

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    Two-Unit Duplex with Carport
    Two-Unit Duplex with Carport

    1146 N Elm St, Ottumwa, IA 52501

    $133,000
    2,466 sqft

    Separate upper and lower units with owner-paid water and tenant-paid gas and electric.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Three-Unit Mixed-Use Building
    Three-Unit Mixed-Use Building

    402 Richmond Ave, Ottumwa, IA 52501

    $149,000
    2,200 sqft

    Mixed-use configuration includes apartments, office areas, and a kitchenette within one commercial property.

    View details
    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 7 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

    Opportunities in Nearby Cities

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

    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    420-422 S 12th Street, Albia, IA 52531

    $169,000
    1,488 sqft

    Each residence has private laundry, a rear deck, and a share of the outdoor storage shed.

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    4-Unit Quadplex with Courtyard
    4-Unit Quadplex with Courtyard

    18 S 5Th Street, Albia, IA 52531

    $235,000
    5,208 sqft

    Income-producing residential property with private laundry, off-street parking, and shared outdoor amenities.

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    Renovated 12-Unit Apartment Building
    Renovated 12-Unit Apartment Building

    206 Weaver Road, Bloomfield, IA 52537

    $600,000
    1.26 AC lot

    Updated apartments include appliances and onsite coin-operated laundry.

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    Mixed-Use Buildings With Apartments
    Mixed-Use Buildings With Apartments

    104 & 106 W Jefferson Street, Bloomfield, IA 52537

    $175,000

    Two connected commercial buildings combine renovated apartments with vacant ground-floor space for retail, restaurant, or office use.

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    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.

    1405 Albia Rd
    MOBILE HOME PARK, TRAILER PARK

    1405 Albia Rd, Ottumwa, IA 52501-3904

    Estimated value:
    $475,000
    5.68 AC lot
    View details
    16440 Hwy 34us
    MOBILE HOME PARK, TRAILER PARK

    16440 Hwy 34us, Ottumwa, IA 52501-8895

    Estimated value:
    $70,000
    18.72 AC lot
    View details
    Alta Vis
    MOBILE HOME PARK, TRAILER PARK

    Alta Vis, Ottumwa, IA 52501

    Estimated value:
    $4,070,000
    2.00 AC lot
    View details
    700 Alta Vis Ave
    MOBILE HOME PARK, TRAILER PARK

    700 Alta Vis Ave, Ottumwa, IA 52501-1958

    Estimated value:
    $4,070,000
    1,200 sqft 7.78 AC lot
    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK

    Ottumwa, IA 52501

    Estimated value:
    $4,070,000
    18.31 AC lot
    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK

    Ottumwa, IA 52501

    Estimated value:
    $4,070,000
    0.62 AC lot
    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK

    Ottumwa, IA 52501

    Estimated value:
    $4,070,000
    0.96 AC lot
    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK

    Ottumwa, IA 52501

    Estimated value:
    $4,070,000
    14.90 AC lot
    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK

    Ottumwa, IA 52501

    Estimated value:
    $4,070,000
    0.56 AC lot
    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK

    Ottumwa, IA 52501

    Estimated value:
    $4,070,000
    0.36 AC lot
    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK

    Ottumwa, IA 52501

    Estimated value:
    $4,070,000
    7.50 AC lot
    View details
    1846 2nd St
    MOBILE HOME PARK, TRAILER PARK

    1846 2nd St, Ottumwa, IA 52501-1549

    Estimated value:
    $190,000
    1.92 AC lot
    View details
    334 Skyline Dr
    MOBILE HOME PARK, TRAILER PARK

    334 Skyline Dr, Ottumwa, IA 52501-3740

    Estimated value:
    $215,000
    1.45 AC lot
    View details
    1316 Mary St
    MOBILE HOME PARK, TRAILER PARK

    1316 Mary St, Ottumwa, IA 52501-5250

    Estimated value:
    $220,000
    6.21 AC lot
    View details
    391 Blackhawk Rd
    MOBILE HOME PARK, TRAILER PARK

    391 Blackhawk Rd, Ottumwa, IA 52501

    Estimated value:
    $235,000
    0.45 AC lot
    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK

    Ottumwa, IA 52501

    Estimated value:
    $230,000
    0.22 AC lot
    View details

    Ottumwa, IA Multifamily Properties Market Trends and Statistics

    Explore 30 multifamily properties for sale in Ottumwa, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 14,919 square feet of properties for sale, with an estimated market value of $1,344,000.

    Sale prices for multifamily properties in Ottumwa, IA start at $55,000, averaging $192,000, and reaching up to $560,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Triplexes 3
    Apartment buildings 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) +2.3%
    Median Household Income $59,091
    College Educated 28.3%

    High-Yield Neighborhoods for Investment

    Identify Ottumwa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52501 $206.2K

    Taxes & Financing

    Tax Rate (average for all types) 3.02%
    Property Tax per SF $37.77 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wapello County

    New Delisted

    How Realmo verifies these figures

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