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    Triplex

    Ottumwa, IA Triplexes for Sale

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    Agency, IA Bloomfield, IA Blakesburg, IA Floris, IA Hedrick, IA Batavia, IA Douds, IA Albia, IA
    3-Unit Mixed-Use Property
    Updated: Aug 7
    3-Unit Mixed-Use Property

    402 Richmond Street, Ottumwa, IA 52501

    $149,000
    2,200 sqft
    Three‑unit building totaling 2,200 square feet
    Upper‑level 2 bedroom apartment currently occupied
    Main‑level studio apartment ready for updates
    Commercial space includes 2 office areas and kitchenette
    Utilities are split out separately
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    Restored Mixed-Use Building
    Updated: Sep 3
    Restored Mixed-Use Building

    325 E Main St, Ottumwa, IA 52501

    $560,000
    3,500 sqft
    3,500‑square‑foot mixed‑use building at 325 E Main St, Ottumwa
    Open commercial main level with large storefront windows
    Exposed brick walls and refinished hardwood floors
    New kitchenette plus men's and women's restrooms
    Three remodeled upstairs apartments
    View details
    Three-Unit Mixed-Use Building
    Three-Unit Mixed-Use Building

    402 Richmond Ave, Ottumwa, IA 52501

    $149,000
    2,200 sqft

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

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    See hot listings in Ottumwa

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Ottumwa, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Triplex Investment Property
    Updated Triplex Investment Property

    415 E Main Street, Montezuma, IA 50171

    $189,000
    2,798 sqft 0.20 AC lot

    Fully occupied three-unit property with separate utilities, individual HVAC systems, and laundry hookups in each unit.

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    Updated Fully Occupied Triplex
    Updated Fully Occupied Triplex

    415 E Main St, Montezuma, IA 50171

    $189,000
    2,798 sqft

    Three separately metered units offer individual HVAC systems, kitchens, full baths, and laundry hookups.

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    Triplex with Separate Garage
    Triplex with Separate Garage

    500 N Main Street, Fairfield, IA 52556

    $169,000
    3,276 sqft 0.20 AC lot

    Separate metering for water, electric, and gas supports distinct utility accounting across the residential units.

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    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    112 N Main Street, Fairfield, IA 52556

    $465,000
    0.07 AC lot

    Operating restaurant space with three upstairs apartments and included commercial equipment.

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    Ottumwa, IA Triplexes Market Trends and Statistics

    Explore 3 triplexes for sale in Ottumwa, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,900 square feet of properties for sale, with an estimated market value of $858,000.

    Sale prices for three-family homes in Ottumwa, IA start at $149,000, averaging $286,000, and reaching up to $560,000 — 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

    Duplexes 3
    Triplexes 3
    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 $298.3K

    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

    How Realmo verifies these figures

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