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Iowa

Residential Income

Wapello County, IA Residential Income Properties for Sale

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Des Moines, IA Cedar Rapids, IA Sioux City, IA Waterloo, IA Dubuque, IA Iowa City, IA Davenport, IA Cedar Falls, IA

8 properties

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Move-in Ready Ottumwa 3-Plex

Updated: Feb 10

Move-in Ready Ottumwa 3-Plex

147 N Ward Street, Ottumwa, IA 52501

$130,000

1,482 sqft 0.10 AC lot

Move‑in‑ready 3‑plex with 1 bed, 1 bath units, each with a living room and kitchen
Units remodeled with new electric and plumbing in the building
Separate electric meters for each unit so tenants pay their own electric bill
Heating: forced air; Water source: public
Construction materials include vinyl siding and wood siding

This listing looks promising.

Here's a quick look at some key insights for

147 N Ward Street, Ottumwa, IA 52501

View Property Analytics

Est. Cap Rate

6.5%
Above avg (5.9%)
Est. NOI

$8K
Annual
Price @ 7% Cap

$121K
Suggested
Property Type

Triplex
Built 1920

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.

Ottumwa Duplex: Investment Opportunity

Ottumwa Duplex: Investment Opportunity

2310 E Main Street, Ottumwa, IA 52501

$75,000

1,967 sqft 0.17 AC lot

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

Six-Unit One-Bedroom Building

Six-Unit One-Bedroom Building

214 N Washington Street, Ottumwa, IA 52501

$197,500

Residential income property with six furnished one-bedroom apartments, each with a full bathroom.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Two-Unit Residential Income Property

Two-Unit Residential Income Property

818 E Finley Avenue, Ottumwa, IA 52501

$59,000

1,120 sqft

Two separate entrances support a flexible live-in or rental setup with shared backyard space.

Historic Event Venue with Apartments

Historic Event Venue with Apartments

220 N Court Street, Ottumwa, IA 52501

$249,000

Historic building offers renovated event spaces with breakout rooms, kitchen, and ADA-compliant restrooms plus residential units upstairs.

Downtown Residential Income Property

Downtown Residential Income Property

231 E Main Street, Ottumwa, IA 52501

$375,000

For sale residential income property in downtown Ottumwa, Iowa.

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.

Based on your search, we've compiled 36 Potential Opportunities for your consideration. Besides 8 Active listings in Wapello County, IA, we suggest exploring several alternatives: similar 24 Off-Market properties to explore as potential leads, plus 4 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.

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.

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.

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.

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.

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.

MOBILE HOME PARK, TRAILER PARK

1405 Albia Rd, Ottumwa, IA 52501-3904

Value Estimation by Request

5.68 AC lot

MOBILE HOME PARK, TRAILER PARK

603 2nd St, Eddyville, IA 52553

Value Estimation by Request

0.80 AC lot

MOBILE HOME PARK, TRAILER PARK

16440 Hwy 34us, Ottumwa, IA 52501-8895

Value Estimation by Request

18.72 AC lot

MOBILE HOME PARK, TRAILER PARK

Alta Vis, Ottumwa, IA 52501

$4,350,000

Estimated value

2.00 AC lot

700 Alta Vis Ave

MOBILE HOME PARK, TRAILER PARK

700 Alta Vis Ave, Ottumwa, IA 52501-1958

$4,350,000

Estimated value

1,200 sqft 7.78 AC lot

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK

Ottumwa, IA 52501

$4,350,000

Estimated value

18.31 AC lot

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK

Ottumwa, IA 52501

$4,175,000

Estimated value

0.62 AC lot

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK

Ottumwa, IA 52501

$4,350,000

Estimated value

0.96 AC lot

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK

Ottumwa, IA 52501

$4,350,000

Estimated value

14.90 AC lot

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK

Ottumwa, IA 52501

$4,190,000

Estimated value

0.56 AC lot

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK

Ottumwa, IA 52501

$4,185,000

Estimated value

0.36 AC lot

Ottumwa, IA 52501

MOBILE HOME PARK, TRAILER PARK

Ottumwa, IA 52501

$4,350,000

Estimated value

7.50 AC lot

MOBILE HOME PARK, TRAILER PARK

1846 2nd St, Ottumwa, IA 52501-1549

Value Estimation by Request

1.92 AC lot

Multifamily properties

118 Union St, Ottumwa, IA 52501

Value Estimation by Request

2.07 AC lot

MOBILE HOME PARK, TRAILER PARK

334 Skyline Dr, Ottumwa, IA 52501-3740

Value Estimation by Request

1.45 AC lot

MOBILE HOME PARK, TRAILER PARK

1316 Mary St, Ottumwa, IA 52501-5250

Value Estimation by Request

6.21 AC lot

Wapello County, IA Residential Income Properties Market Trends and Statistics

Explore 32 residential income properties for sale in Wapello County, IA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 6,656 square feet of properties for sale, with an estimated market value of $323,999.

Sale prices for residential income properties in Wapello County, IA start at $59,000, averaging $80,999, 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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