This is a great opportunity to own one of downtown Ottumwa's nicest buildings. With a recent full restoration this property offers a large open commercial main level. It includes large storefront windows for advertising, exposed brick walls throughout, refinished hardwood floors, new kitchenette area, men's and women's restrooms. It has a traditional meets modern look that is sure to enhance any business. For additional income, there are three remodeled apartments upstairs. One 2 bed 1 bath, and Two 1 bed 1 bath. Most recent rents are $1224, $949, and $1205 - utilities are on the tenants. This property cash flows well, and financials are available to pre-qualified buyers or those with proof of funds and that sign a non-disclosure. Call for more information or to schedule your showing.
Excellent investment opportunity on the north side of Ottumwa! This well-maintained single-level 4-plex features four identical 2-bedroom, 1-bath units, offering a simple and efficient layout for tenants. The property includes on-site coin-operated laundry for additional income potential. All utilities are currently tied together, keeping utility management centralized. There is a small office space/storage room with a half bath for the landlord. Conveniently located, with easy access to shopping, schools and the hospital. This is a great opportunity to add a solid multifamily property to your investment portfolio.
3 unit commercial building offering a 2 bedroom apartment on the upper level currently occupied for $700 a month and the main level has a studio apartment ready for updates as a well as a commercial space with 2 office areas and kitchenette. Utilities are split out and the owner retains the garage space.
Excellent investment opportunity with this well-maintained duplex offering strong rental income potential. Each unit features 2 bedrooms and 1 full bath, providing comfortable and functional living spaces for tenants. The upper-level unit has been updated with new electrical and a newer furnace, adding value and peace of mind. Both units share water service, and the property also includes newer vinyl siding for low-maintenance exterior appeal. A one-car garage adds convenience, while the shared backyard offers a manageable outdoor space for occupants to enjoy. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this property presents a versatile and attractive opportunity.
Ring.... ring… Its not a spam call. That’s right—we’re calling all investors. This up/down duplex is your chance to step into a cash-flow opportunity with upside. Featuring two 2-bedroom, 1-bath units with tenants paying all utilities, this property keeps expenses low and returns strong. Current rents are below fair market value, leaving room for increased income and improved ROI. Located close to JBS, this is a prime rental area with consistent demand. Whether you’re looking to add to your portfolio or get started in multifamily investing, this one checks the boxes—location, layout, and potential. Answer the call—this investment won’t wait. ????
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of NoCoast MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Ottumwa is located in Iowa. Ottumwa, Iowa has a population of 25,379. Ottumwa is less family-centric than the surrounding county with 24.33% of the households containing married families with children. The county average for households married with children is 26.47%.
The median household income in Ottumwa, Iowa is $48,198. The median household income for the surrounding county is $51,222 compared to the national median of $69,021. The median age of people living in Ottumwa is 37.7 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 13.6 degrees. The average rainfall is approximately 38.7 inches per year, with 24.8 inches of snow per year.
