2

Ottumwa, IA Condos for Sale

Section Image
  • /2

    $750,000

    • 7,480 Sq Ft

    1112 N Van Buren Ave, Ottumwa, IA 52501

    Investors take note. Low maintenience 4 plex with great rental opportunity. Located near Ottumwa Regional Health Center, Ottumwa Schools, and other major employers this high end apartment building will suit a great group of renters. (4) 3Bd/2Ba units with laundery in each apartment. Common utility room. Projected rents are $1750-$2000/mo per unit. Complete interior remodel by the Ottumwa Schools

    Jason Carter RE/MAX Pride Oskaloosa

    1112 N Van Buren Ave, Ottumwa, IA 52501
  • /2

    $450,000

    • 11 Baths
    • 6,233 Sq Ft

    202 W Maple Ave, Ottumwa, IA 52501

    Turnkey 10-unit investment opportunity featuring two fully occupied buildings: a 6-plex at 202 W Maple and a 4-plex at 208 W Maple. Each building offers a variety of unit styles, attracting strong tenant interest and minimizing vacancies. The property sees constant rental inquiries and includes valuable extra parking in the back. A solid, income-producing asset ready for a new investor to take

    Kayla McConnell RE/MAX Pride-Ottumwa

    202 W Maple Ave, Ottumwa, IA 52501

Why Live in Ottumwa

Ottumwa, meaning "tumbling water," is located along the Des Moines River and has a rich Native American history. The neighborhood features preserved historic districts with original red brick roads and homes in Craftsman, American Foursquare, Colonial Revival, and Tudor Revival styles. Outside these districts, bungalows, Cape Cods, and ranch-style homes are common. Ottumwa is known for its faith-based community, with over 60 churches, some of which are part of a historic walking tour showcasing Gothic-Revival architecture. Greater Ottumwa Park, encircled by the Des Moines River, is a popular greenspace offering fishing, camping, and Beach Ottumwa waterpark. Gray Eagle Wildlife Preserve and Garrison Rock provide bird watching and hiking trails. Bridge View Center hosts concerts and expos, and a new sportsplex is set to become a hub for sporting events. The downtown area has been revitalized with about 135 businesses, including locally owned restaurants and specialty shops. Central Park is a venue for events like the Ottumwa Pride Block Party, Live After Five concerts, and the Ottumwa Pro Balloon Races. The Ottumwa Community School District is diverse and fast-growing, serving over 5,000 students. For higher education, Indian Hills Community College is available. Ottumwa is 84 miles from Des Moines International Airport, with travel options including highways, Amtrak, and a regional airport. The neighborhood has seen a decrease in violent crime rates between 2022 and 2023, though property crime rates have increased. Flood walls protect against major river flooding, and an outdoor siren system alerts residents to extreme weather events.

Home Trends in Ottumwa, IA

Housing Trends

Median Sale Price
$134,000
Median Single Family Sale Price
$141,500
Median 2 Bedroom Sale Price
$140,000
Median 1 Bedroom Sale Price
$106,750
Average Price Per Sq Ft
$115
Number of Homes for Sale
58
Last 12 months Home Sales
315
Months of Supply
2.20
Median List Price
$151,500
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
2%
How to Buy a Home How to Finance a Home How to Sell a Home