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Wapello County, IA Multifamily Properties for Sale

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Historic Mixed-Use Building in Ottumwa
$249,000
0.77 Acres

Historic Mixed-Use Building in Ottumwa

220 N Court St, Ottumwa, IA 52501

Historic building with event spaces and apartment renovation potential.

  • Over 6000 sqft of space with additional lower level and attic, offering endless possibilities.
  • Main level renovated into two large event spaces with breakout rooms, kitchen, and ADA compliant restrooms, ready for immediate use.
  • New roof with sustainably sourced, historically appropriate material, along with new electrical and water supplies to the main level.
  • New HVAC system on the main level ensures comfort and efficiency.
  • Second floor features one 2‑bedroom apartment with balcony and sweeping views, plus two efficiency apartments, awaiting renovation.
Updated: Dec 16, 2025
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Updated Fourplex in Ottumwa, Iowa
$180,000
1,824 SF

Updated Fourplex in Ottumwa, Iowa

524 N Wapello St, Ottumwa, IA 52501

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

  • Fully renovated units with modern appliances, including in‑unit washer & dryers.
  • New furnaces, hot water heaters, and fuse boxes in all units.
  • Separate utility meters for each unit, allowing tenants to pay their own utilities.
  • Low‑maintenance brick construction.
  • Turnkey investment opportunity with strong rental potential.
Updated: Dec 12, 2025
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Updated Fourplex Investment Opportunity
$160,000
2,866 SF

Updated Fourplex Investment Opportunity

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

112 E 6Th St E, Ottumwa, IA 52501
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Spacious Condo with Flexible Layout
$130,000
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 28 Potential Opportunities for your consideration. Besides 4 Active listings in Wapello County, IA, we suggest exploring several alternatives: similar 24 Off-Market properties to explore as potential leads

Explore Off-Market Properties in Wapello County, IA

Consider similar Off-Market properties in Wapello County, 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.

118 Union St

118 Union St

Multifamily properties • 2.07 Acres
Value Estimation by Request
118 Union St, Ottumwa, IA 52501
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1316 Mary St

1316 Mary St

MOBILE HOME PARK, TRAILER PARK • 6.21 Acres
Value Estimation
$330,000
1316 Mary St, Ottumwa, IA 52501-5250
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Ottumwa, IA 52501

Ottumwa, IA 52501

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

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 2.87 Acres
Value Estimation by Request
Ottumwa, IA 52501
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Ottumwa, IA 52501

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 0.36 Acres
Value Estimation
$4,320,000
Ottumwa, IA 52501
View details
Ottumwa, IA 52501

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 7.50 Acres
Value Estimation
$4,185,000
Ottumwa, IA 52501
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1846 2nd St

1846 2nd St

MOBILE HOME PARK, TRAILER PARK • 1.92 Acres
Value Estimation
$155,000
1846 2nd St, Ottumwa, IA 52501-1549
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Ottumwa, IA 52501

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 0.56 Acres
Value Estimation
$4,195,000
Ottumwa, IA 52501
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391 Blackhawk Rd

391 Blackhawk Rd

MOBILE HOME PARK, TRAILER PARK • 0.45 Acres
Value Estimation by Request
391 Blackhawk Rd, Ottumwa, IA 52501
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334 Skyline Dr

334 Skyline Dr

MOBILE HOME PARK, TRAILER PARK • 1.45 Acres
Value Estimation
$325,000
334 Skyline Dr, Ottumwa, IA 52501-3740
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Ottumwa, IA 52501

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 0.62 Acres
Value Estimation
$4,200,000
Ottumwa, IA 52501
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Alta Vis

Alta Vis

MOBILE HOME PARK, TRAILER PARK • 2.00 Acres
Value Estimation
$4,225,000
Alta Vis, Ottumwa, IA 52501
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Ottumwa, IA 52501

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 0.96 Acres
Value Estimation
$4,120,000
Ottumwa, IA 52501
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Ottumwa, IA 52501

Ottumwa, IA 52501

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

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 14.90 Acres
Value Estimation
$4,135,000
Ottumwa, IA 52501
View details
1405 Albia Rd

1405 Albia Rd

MOBILE HOME PARK, TRAILER PARK • 5.68 Acres
Value Estimation
$490,000
1405 Albia Rd, Ottumwa, IA 52501-3904
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Ottumwa, IA 52501

Ottumwa, IA 52501

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

700 Alta Vis Ave

MOBILE HOME PARK, TRAILER PARK • 1,200 SF
Value Estimation
$4,170,000
700 Alta Vis Ave, Ottumwa, IA 52501-1958
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Ottumwa, IA 52501

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 3.06 Acres
Value Estimation by Request
Ottumwa, IA 52501
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Wapello County, IA Multifamily Properties Investment Opportunities Market Analysis

Explore 28 multifamily properties for sale in Wapello County, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,837,587 square feet of properties for sale, with an estimated market value of $38,389,000.

Prices for multifamily properties in Wapello County, IA start at $70,000, averaging $2,258,176, and reaching up to $4,070,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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