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    Mixed-Use Building with Office Space
    Updated: Aug 7
    Mixed-Use Building with Office Space

    402 Richmond Street, Ottumwa, IA 52501

    $165,000
    2,200 sqft
    2,200 SF mixed‑use building with three units
    Occupied upper‑level 2‑bedroom apartment
    Main‑level studio apartment ready for updates
    Commercial area includes 2 office areas and kitchenette
    Utilities are split out between the spaces
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    This listing looks promising.

    Here's a quick look at some key insights for

    402 Richmond Street, Ottumwa, IA 52501

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $180K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1910
    View Property Analytics
    Three-Unit Mixed-Use Building
    Updated: Aug 7
    Three-Unit Mixed-Use Building

    402 Richmond Ave, Ottumwa, IA 52501

    $165,000
    2,200 sqft
    Three‑unit mixed‑use building at 402 Richmond Ave, Ottumwa, IA
    2,200 SF property with residential and commercial components
    Upper‑level 2 bedroom apartment is currently occupied
    Main‑level studio apartment requires updates
    Commercial area includes 2 office spaces and a kitchenette
    View details
    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Wapello County, IA, we suggest exploring several alternatives:

    Wapello County, IA Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Wapello County, IA on our real estate platform. These investment opportunities span a total of 4,400 square feet of properties for sale, with an estimated market value of $330,000.

    Sale prices for three-family homes in Wapello County, IA average $165,000 — 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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