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Wapello County, IA Residential Income Properties for Sale

6 results
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Historic Landmark with Event Spaces
Pending
$249,000
6,000 SF

Historic Landmark with Event Spaces

220 N Court St, Ottumwa, IA 52501

Remarkable Ottumwa landmark with event spaces and apartment potential.

  • Over 6,000 sq ft of finished space with additional lower level and attic.
  • Main level (3,276 sq ft) renovated into expansive event spaces with breakout rooms, kitchen, and ADA‑compliant restrooms.
  • New roof with sustainably sourced, historically appropriate materials, and upgraded electrical and water service to the main level.
  • New HVAC system serving the main level.
  • Second floor features a spacious two‑bedroom apartment with balcony and sweeping views, plus two additional efficiency apartments.
Updated: Feb 18
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Two-Building Bundle in Downtown Ottumwa
$415,000
0.08 Acres

Two-Building Bundle in Downtown Ottumwa

328 E Main St, Ottumwa, IA 52501

Versatile mixed-use property with retail and residential income potential.

  • Two‑building bundle in downtown Ottumwa offering diverse income and development opportunities.
  • Income‑ready retail space and bar/eatery layout on the first floor of one building.
  • Ready‑to‑rent two‑bedroom apartment on the second floor with potential $2,500 monthly income.
  • Adjacent vacant three‑story building offers potential for a two‑level penthouse apartment or retail space.
  • Includes appliances: Range, Refrigerator, Washer, and Dryer.
Updated: Mar 8
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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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Move-in Ready Ottumwa 3-Plex
$140,000
1,482 SF

Move-in Ready Ottumwa 3-Plex

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

147 N Ward St, Ottumwa, IA 52501
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Updated Fourplex in Ottumwa, Iowa
$180,000
1,824 SF

Updated Fourplex in Ottumwa, Iowa

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

524 N Wapello St, Ottumwa, IA 52501
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Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 6 Active listings in Wapello County, IA, we suggest exploring several alternatives: similar 24 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

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.

4.5 Acres Near Ottumwa
$157,500
4.50 Acres

4.5 Acres Near Ottumwa

Land suitable for building, vineyard, or tree farm.

87Th St, Blakesburg, IA 52536
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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.

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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Ottumwa, IA 52501

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 2.87 Acres
Value Estimation by Request
Ottumwa, IA 52501
View details
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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16440 Hwy 34us

16440 Hwy 34us

MOBILE HOME PARK, TRAILER PARK • 18.72 Acres
Value Estimation by Request
16440 Hwy 34us, Ottumwa, IA 52501-8895
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Ottumwa, IA 52501

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 0.62 Acres
Value Estimation
$4,175,000
Ottumwa, IA 52501
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Ottumwa, IA 52501

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 18.31 Acres
Value Estimation
$4,350,000
Ottumwa, IA 52501
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1316 Mary St

1316 Mary St

MOBILE HOME PARK, TRAILER PARK • 6.21 Acres
Value Estimation by Request
1316 Mary St, Ottumwa, IA 52501-5250
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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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Alta Vis

Alta Vis

MOBILE HOME PARK, TRAILER PARK • 2.00 Acres
Value Estimation
$4,350,000
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
$4,350,000
Ottumwa, IA 52501
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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 • 0.72 Acres
Value Estimation by Request
Ottumwa, IA 52501
View details
Ottumwa, IA 52501

Ottumwa, IA 52501

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

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 7.50 Acres
Value Estimation
$4,350,000
Ottumwa, IA 52501
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Ottumwa, IA 52501

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK • 0.56 Acres
Value Estimation
$4,190,000
Ottumwa, IA 52501
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1846 2nd St

1846 2nd St

MOBILE HOME PARK, TRAILER PARK • 1.92 Acres
Value Estimation by Request
1846 2nd St, Ottumwa, IA 52501-1549
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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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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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Wapello County, IA Residential Income Properties Investment Opportunities Market Analysis

Explore 30 residential income properties for sale in Wapello County, IA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 3,845,428 square feet of properties for sale, with an estimated market value of $38,944,000.

Sale prices for residential income properties in Wapello County, IA start at $70,000, averaging $2,049,684, and reaching up to $4,070,000 — 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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