Ottumwa, IA
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    Ottumwa, IA Multifamily Properties for Sale

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    Agency, IA Blakesburg, IA Floris, IA
    Move-in Ready Ottumwa 3-Plex
    $130,000
    1,482 SF

    Move-in Ready Ottumwa 3-Plex

    147 N Ward Street, Ottumwa, IA 52501

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

    • Move‑in‑ready 3‑Plex ideal for investors.
    • Remodeled units with new electric and plumbing.
    • Steady rental income stream.
    • Separate electric meters for each unit.
    • Each unit has 1 bedroom, 1 bath, living room, and kitchen.
    Updated: Feb 10
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    Ottumwa Duplex: Investment Opportunity
    $75,000
    1,967 SF

    Ottumwa Duplex: Investment Opportunity

    2310 E Main Street, Ottumwa, IA 52501

    Up/down duplex in prime rental area with strong cash flow.

    • Cash‑flow opportunity with upside potential due to below‑market rents.
    • Up/down duplex configuration.
    • Two 2‑bedroom, 1‑bath units.
    • Tenants pay all utilities, minimizing owner expenses.
    • Located close to JBS, a prime rental area with consistent demand.
    Updated: Apr 17
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    Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    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 Street, Fairfield, IA 52556
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    Fairfield Tri-Plex Apartment Conversion
    $219,000
    2,325 SF

    Fairfield Tri-Plex Apartment Conversion

    Tri-Plex with strong rental history and great income potential.

    200 E Briggs Avenue, Fairfield, IA 52556
    View details
    Bloomfield Duplex Investment Opportunity
    $149,000
    1,044 SF

    Bloomfield Duplex Investment Opportunity

    Fully occupied duplex in Bloomfield, Iowa with strong rental income.

    402 S Columbia Street, Bloomfield, IA 52537
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    Bloomfield Commercial Building with Apartments
    $290,000
    0.09 Acres

    Bloomfield Commercial Building with Apartments

    Established commercial building with retail space and two apartments.

    108 S Madison Street, Bloomfield, IA 52537
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lake Thunderhead Camper Lot
    $127,900
    0.34 Acres

    Lake Thunderhead Camper Lot

    Camper lot at Lake Thunderhead, steps from water and amenities.

    24114 Arrow Wood Court, Unionville, MO 63565
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    Des Moines Development Land Available
    $1,013,600
    28.96 Acres

    Des Moines Development Land Available

    29 acres of development land near Fleur Dr and SW 9th.

    01 County Line Road, Des Moines, IA 50320
    View details
    Improved Residential Lot Ready-to-Go
    Contact for pricing

    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065
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    Bethany Land Ready For Development
    $300,000
    10.00 Acres

    Bethany Land Ready For Development

    10-acre commercial property with development potential near I-35.

    0 N 41st St, Bethany, MO 64424
    View details

    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
    Lot: 5.68 Acres
    Value Estimation by Request

    1405 Albia Rd, Ottumwa, IA 52501-3904

    View details
    16440 Hwy 34us
    MOBILE HOME PARK, TRAILER PARK
    Lot: 18.72 Acres
    Value Estimation by Request

    16440 Hwy 34us, Ottumwa, IA 52501-8895

    View details
    Alta Vis
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.00 Acres
    Estimated value
    $4,350,000

    Alta Vis, Ottumwa, IA 52501

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    700 Alta Vis Ave
    MOBILE HOME PARK, TRAILER PARK
    1,200 SF Lot: 7.78 Acres
    Estimated value
    $4,350,000

    700 Alta Vis Ave, Ottumwa, IA 52501-1958

    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 18.31 Acres
    Estimated value
    $4,350,000

    Ottumwa, IA 52501

    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.62 Acres
    Estimated value
    $4,175,000

    Ottumwa, IA 52501

    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.96 Acres
    Estimated value
    $4,350,000

    Ottumwa, IA 52501

    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 14.90 Acres
    Estimated value
    $4,350,000

    Ottumwa, IA 52501

    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.56 Acres
    Estimated value
    $4,190,000

    Ottumwa, IA 52501

    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.36 Acres
    Estimated value
    $4,185,000

    Ottumwa, IA 52501

    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 7.50 Acres
    Estimated value
    $4,350,000

    Ottumwa, IA 52501

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    1846 2nd St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.92 Acres
    Value Estimation by Request

    1846 2nd St, Ottumwa, IA 52501-1549

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    118 Union St
    Multifamily properties
    Lot: 2.07 Acres
    Value Estimation by Request

    118 Union St, Ottumwa, IA 52501

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    334 Skyline Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.45 Acres
    Value Estimation by Request

    334 Skyline Dr, Ottumwa, IA 52501-3740

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    1316 Mary St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 6.21 Acres
    Value Estimation by Request

    1316 Mary St, Ottumwa, IA 52501-5250

    View details
    391 Blackhawk Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.45 Acres
    Value Estimation by Request

    391 Blackhawk Rd, Ottumwa, IA 52501

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    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.22 Acres
    Value Estimation by Request

    Ottumwa, IA 52501

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    1133 Ss St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.52 Acres
    Value Estimation by Request

    1133 Ss St, Ottumwa, IA 52501-5474

    View details
    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.06 Acres
    Value Estimation by Request

    Ottumwa, IA 52501

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    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.72 Acres
    Value Estimation by Request

    Ottumwa, IA 52501

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    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.72 Acres
    Value Estimation by Request

    Ottumwa, IA 52501

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    Ottumwa, IA 52501
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.65 Acres
    Value Estimation by Request

    Ottumwa, IA 52501

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    Ottumwa, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 25 multifamily properties for sale in Ottumwa, IA on our real estate platform. These investment opportunities span a total of 3,449 square feet of properties for sale, with an estimated market value of $205,000.

    Sale prices for multifamily properties in Ottumwa, IA start at $75,000, averaging $102,500, and reaching up to $130,000 — 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

    Duplexes 2
    Triplexes 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 median listing prices of real estate assets

    Neighborhood Average Price
    52501 $219.8K

    Taxes & Financing

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

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