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    Ottumwa, IA
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    Ottumwa, IA Residential Income Properties for Sale

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    Bloomfield, IA Floris, IA Blakesburg, IA Hedrick, IA Batavia, IA Fremont, IA Douds, IA Albia, IA
    9 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
    View details
    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
    View details
    Updated Duplex with Garage
    Updated Duplex with Garage

    134 S Cooper Avenue, Ottumwa, IA 52501

    $59,999
    2,087 sqft 0.15 AC lot

    Two two-bedroom units provide one full bath each, with shared outdoor space and public water service.

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    See what stands out in Wapello County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    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

    $575,000
    3,500 sqft

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

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    3-Unit Mixed-Use Property
    3-Unit Mixed-Use Property

    402 Richmond Street, Ottumwa, IA 52501

    $165,000
    2,200 sqft

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

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

    View details
    Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 9 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.

    Four-Unit Property Requiring Repairs
    Four-Unit Property Requiring Repairs

    602 W Broadway Avenue, Fairfield, IA 52556

    $249,999
    1,976 sqft 0.20 AC lot

    Vacant four-unit residential property with a two-and-two-bedroom unit mix and public water service.

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    Four-Bedroom Duplex Property
    Four-Bedroom Duplex Property

    305 S 12th Street Unit A, Fairfield, IA 52556

    $184,500
    1,860 sqft 0.09 AC lot

    Split-level residence with an open main level, two full baths, and outdoor space.

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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.

    View details
    Mixed-Use Buildings With Apartments
    Mixed-Use Buildings With Apartments

    104 & 106 W Jefferson Street, Bloomfield, IA 52537

    $200,000

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

    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.

    Residential Land in Country View Estates
    Residential Land in Country View Estates

    Benton Avenue E Lot 23, Albia, IA 52531

    $31,000
    0.41 AC lot

    Residential lots with utilities near Albia Golf Course.

    View details
    Residential Land in Country View Estates
    Residential Land in Country View Estates

    Benton Avenue E Lot 17, Albia, IA 52531

    $37,000
    0.42 AC lot

    Residential lots with utilities near Albia Golf Course.

    View details
    Residential Land in Country View Estates
    Residential Land in Country View Estates

    Benton Avenue Lot 13, Albia, IA 52531

    $36,000
    0.48 AC lot

    Residential lots with utilities near Albia Golf Course.

    View details
    Residential Lots in Country View
    Residential Lots in Country View

    Benton Avenue E Lot 21, Albia, IA 52531

    $33,000
    0.30 AC lot

    Residential lots available in new Albia development with utilities.

    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

    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
    118 Union St
    Multifamily properties

    118 Union St, Ottumwa, IA 52501

    Estimated value:
    by Request
    2.07 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

    Ottumwa, IA Residential Income Properties Market Trends and Statistics

    Explore 32 residential income properties for sale in Ottumwa, IA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 22,293 square feet of properties for sale, with an estimated market value of $1,865,999.

    Sale prices for residential income properties in Ottumwa, IA start at $59,999, averaging $207,333, and reaching up to $575,000 — 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

    Multifamily properties 9
    Duplexes 3
    Triplexes 3
    Quadplexes 2
    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 $157.1K

    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

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