







About Derek
With 18 years of banking experience, I transitioned successfully to a prominent role in real estate. Formerly a branch manager at US Bank and C1st Credit Union, and most recently the Vice President of Residential Mortgage at First State Bank, I offer extensive financial expertise to clients.
My professional journey showcases a strategic mindset, keen opportunities' sense, and success in navigating both financial and real estate markets. Starting as an real estate investor, I developed skills in market analysis and sound financial decision-making, earning recognition as a shrewd investor.
Recognizing synergy between banking and investment, I transitioned to become a real estate broker. Leveraging market insights and investment strategies, I emerged as a trusted advisor for clients seeking homes and strategic real estate investments.
As a real estate broker, I seamlessly integrate financial acumen with a deep understanding of the property market. Committed to providing personalized guidance, my approach is characterized by transparency, integrity, and dedication to achieving optimal results.
I look forwarding to working for you!
Transaction History
- 1 Year
- 2 Year
- 5 Year
Seller Deals
Buyer Deals
Production Over Time
1 Year View by Quarter
Seller Deals
Buyer Deals
Production Over Time
2 Year View by Quarter
Seller Deals
Buyer Deals
Production Over Time
5 Year View
Derek's Listings and Deals
Derek's Recent Active Listings
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$79,900
- 2 Beds
- 1 Bath
- 684 Sq Ft
- 1101 Albia Rd
- Ottumwa, IA
This charming 2-bedroom, 1-bath home offers comfort and convenience with main floor laundry and a full basement for additional storage. With almost 900 sq. ft. of living space, it’s a great option for first-time buyers, downsizers, or investors. The home features a spacious deck with a privacy fence, perfect for relaxing or entertaining, and a large storage shed in the backyard for extra space.
Derek Gates Ottumwa Realty
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$159,069
- 2 Beds
- 2 Baths
- 1,144 Sq Ft
- 2744 N Court St
- Ottumwa, IA
Charming 2-Bedroom Home with Bonus Space & Modern Updates! Welcome to this beautifully updated 2-bedroom, 2-bath home in a quiet northside neighborhood, just steps from Eisenhower School. With modern upgrades throughout and thoughtful details, this home is move-in ready! Step inside to find new hybrid waterproof, scratch-proof flooring in the living room, hallway, and bedrooms, paired with fresh
Derek Gates Ottumwa Realty
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$50,000
- 3 Beds
- 1 Bath
- 1,026 Sq Ft
- 217 S Willard St
- Ottumwa, IA
Hello there, future homeowner! I’m 217 S. Willard St., a timeless beauty tucked away in a peaceful neighborhood of Ottumwa, IA. I’ve stood strong for decades, filled with memories and charm, but I’ll admit—time has taken its toll, and I’m ready for a fresh start with someone who sees my potential. I still have so much to offer—spacious rooms, vintage character, and original details that
Derek Gates Ottumwa Realty
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$215,000
- 4 Beds
- 2 Baths
- 1,000 Sq Ft
- 2539 Kenwood St
- Ottumwa, IA
Video walkthrough available on the same site you're viewing this listing. No fluff in this write up just facts. Here we go: New siding, New Deck...a big one too, New windows, New Roof, New Central Air, New Granite Countertops, New sink and faucet, Newly remodeled bathroom on main level, New Carpet in Basement and Bedrooms! Key word NEW, NEW, NEW. Great Neighborhood, pack up your stuff
Derek Gates Ottumwa Realty
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$179,000
- 3 Beds
- 3 Baths
- 2,464 Sq Ft
- 174 Carter Ave
- Ottumwa, IA
Discover this elegant single-family home on the north side of Ottumwa, minutes from Indian Hills Community College and Buena Vista University. This property boasts meticulously landscaped grounds leading to a serene backyard with a tree-lined view, Koi pond, and waterfall. The home features new floors, fresh paint, and a bright, open floor plan connecting the kitchen and living room. The kitchen
Derek Gates Ottumwa Realty
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$274,500
- Land
- 15 Acres
- $18,472 per Acre
- 0 150th
- Unit 6314578
- Ottumwa, IA
View a 3D aerial view under virtual tours. 14.86 tillable acres located between 150th and Highway 163 next to exit 42. Land carries CSR2 of 84.4. This location could also make for an excellent build site.
Derek Gates Ottumwa Realty
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$185,000
- 4 Beds
- 2 Baths
- 2,209 Sq Ft
- 301 E Main St
- Agency, IA
Welcome to this beautifully maintained 4-bedroom, 1.5-bath home located in the heart of Agency, Iowa, within the highly regarded Cardinal School District. This spacious home offers a perfect blend of character and modern updates, perfect for anyone looking for comfort and convenience. Inside, you'll find a recently updated kitchen, main-level laundry, and a warm, inviting layout. The finished
Derek Gates Ottumwa Realty
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$28,500
- 4 Beds
- 2 Baths
- 2,296 Sq Ft
- 214 N Iowa Ave
- Ottumwa, IA
Duplex Opportunity! This property was recently used as a single-family home but previously functioned as a duplex. With multiple gas and electric meters, it offers great potential for conversion back into a multi-unit investment property. Conveniently located just blocks from JBS, this home could be a fixer-upper for an owner-occupant or a valuable rental opportunity. Property Highlights:
Derek Gates Ottumwa Realty
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$75,000
- 2,187 Sq Ft
- 102 S Davis St
- Ottumwa, IA
Step 1- Call your financial institution and get a pre-approval letter. Step 2- Call a Realtor. Step 3- Start making money month 1 on this investment property. Owner is also selling 131 N Willard Ottumwa IA 52501 Discover an incredible investment opportunity with this triplex, generating a steady monthly gross income of $875 per month on the upstair units. Downstairs unit is not currently
Derek Gates Ottumwa Realty
Other Experience

