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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 Hedrick, IA Floris, IA Batavia, IA Unionville, IA Fremont, IA
    10 properties
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    Single-Level Quadplex With Laundry
    Updated: Aug 17
    Single-Level Quadplex With Laundry

    1120 N Green Street, Ottumwa, IA 52501

    $235,000
    3,687 sqft 0.45 AC lot
    Four identical 2‑bedroom, 1‑bath units in a single‑level layout
    3,687 square feet on a 0.45‑acre parcel
    Coin‑operated laundry located on site
    Separate office/storage room with a half bath
    Utilities are tied together for centralized management
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    This listing looks promising.

    Here's a quick look at some key insights for

    1120 N Green Street, Ottumwa, IA 52501

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $302K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1994
    View Property Analytics
    Ottumwa Duplex: Investment Opportunity
    Updated: May 4
    Ottumwa Duplex: Investment Opportunity

    134 S Cooper Avenue, Ottumwa, IA 52501

    $59,999
    2,087 sqft 0.15 AC lot
    Strong rental income potential from a well‑maintained duplex.
    Upper‑level unit updated with new electrical and newer furnace.
    Newer vinyl siding for low‑maintenance exterior.
    Each unit has 2 bedrooms and 1 full bath.
    Includes a one‑car garage.
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    Mixed-Use Building with Office Space
    Mixed-Use Building with Office Space

    402 Richmond Street, Ottumwa, IA 52501

    $165,000
    2,200 sqft

    Mixed-use property combines residential units with a commercial area featuring offices and a kitchenette.

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    Single-Level Quadplex with Laundry
    Single-Level Quadplex with Laundry

    1120 N Green St, Ottumwa, IA 52501

    $235,000
    3,687 sqft

    Four matching apartments share centralized utilities and an on-site coin-operated laundry area.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    7-Unit Apartment Building
    7-Unit Apartment Building

    436 N Jefferson Street, Ottumwa, IA 52501

    $165,000

    Occupied units feature separate electric metering, with landlord-paid water, sewer, and trash.

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    Three-Unit Mixed-Use Building
    Three-Unit Mixed-Use Building

    402 Richmond Ave, Ottumwa, IA 52501

    $165,000
    2,200 sqft

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

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    12-Unit Apartment Building
    12-Unit Apartment Building

    1406 Albia Rd, Ottumwa, IA 52501

    Contact for pricing

    For sale 12-unit apartment building located at 1406 Albia Rd in Ottumwa, Iowa.

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    Three-Level Mixed-Use Building
    Three-Level Mixed-Use Building

    314 E Main Street, Ottumwa, IA 52501

    Contact for pricing

    Three levels and a full basement support a commercial floor with upper apartment layouts.

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    Downtown Residential Income Property
    Downtown Residential Income Property

    231 E Main Street, Ottumwa, IA 52501

    Contact for pricing

    For sale residential income property in downtown Ottumwa, Iowa.

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    Elderly Section 8 Apartment Portfolio
    Elderly Section 8 Apartment Portfolio

    118 S Union St, Ottumwa, IA 52501

    Contact for pricing

    Two elderly-designated apartment communities with 100% Project-Based Section 8 coverage under renewed contracts.

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    Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 10 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.

    Quadplex with In-Unit Washer/Dryer
    Quadplex with In-Unit Washer/Dryer

    18 S 5Th Street, Albia, IA 52531

    $235,000
    5,208 sqft

    Four-unit quadplex with in-unit washer and dryer, brick and stucco construction, and baseboard heating.

    View details
    Renovated 12-Unit Apartment Building
    Renovated 12-Unit Apartment Building

    206 Weaver Road, Bloomfield, IA 52537

    $600,000
    1.26 AC lot

    Multifamily property with varied unit layouts, updated kitchens, included appliances, and onsite coin-operated laundry.

    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    104 & 106 W Jefferson Street, Bloomfield, IA 52537

    $200,000
    0.14 AC lot

    Two brick buildings combine a vacant commercial level with renovated, fully occupied apartments above.

    View details
    Two-Community Mobile Home Park Portfolio
    Two-Community Mobile Home Park Portfolio

    1415 S B St, Albia, IA 52531

    Contact for pricing

    Both communities have public utilities and established management in place.

    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

    1405 Albia Rd, Ottumwa, IA 52501-3904

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

    16440 Hwy 34us, Ottumwa, IA 52501-8895

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

    Alta Vis, Ottumwa, IA 52501

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

    700 Alta Vis Ave, Ottumwa, IA 52501-1958

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

    Ottumwa, IA 52501

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

    Ottumwa, IA 52501

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

    Ottumwa, IA 52501

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

    Ottumwa, IA 52501

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

    Ottumwa, IA 52501

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

    Ottumwa, IA 52501

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

    Ottumwa, IA 52501

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

    1846 2nd St, Ottumwa, IA 52501-1549

    $190,000
    Estimated value
    1.92 AC lot
    View details
    118 Union St
    Multifamily properties

    118 Union St, Ottumwa, IA 52501

    Value Estimation by Request
    2.07 AC lot
    View details
    334 Skyline Dr
    MOBILE HOME PARK, TRAILER PARK

    334 Skyline Dr, Ottumwa, IA 52501-3740

    $215,000
    Estimated value
    1.45 AC lot
    View details

    Ottumwa, IA Multifamily Properties Market Trends and Statistics

    Explore 33 multifamily properties for sale in Ottumwa, IA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 13,861 square feet of properties for sale, with an estimated market value of $1,024,999.

    Sale prices for multifamily properties in Ottumwa, IA start at $59,999, averaging $170,833, and reaching up to $235,000 — 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

    Apartment buildings 3
    Triplexes 2
    Duplexes 1
    Quadplexes 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 $81K

    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%

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