Derek Gates

Ottumwa, IA

Ottumwa Realty

60 Closed Sales

$7.3M Total Value

$53K - $410K Price Range

$122.2K Average Price

Prior five years

About Derek

#1 Reason to call me if you are buying or selling, I'm great to work with and I return phone calls!

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!

Home Types: House, Commercial, Manufactured, MultiFamily

Years of Experience: 6

Transaction History

1 Year
2 Year
5 Year

Seller Deals

Total Deals

Total Value

$2,363,076

Average Sale Price

$112,527

Price Range

$26K - $273K

Buyer Deals

Total Deals

Total Value

$1,664,500

Average Sale Price

$110,967

Price Range

$40K - $245K

1 Year View by Quarter

Seller Deals

Total Deals

Total Value

$3,851,576

Average Sale Price

$116,714

Price Range

$26K - $273K

Buyer Deals

Total Deals

Total Value

$2,868,500

Average Sale Price

$130,386

Price Range

$40K - $410K

2 Year View by Quarter

Seller Deals

Total Deals

Total Value

$4,325,576

Average Sale Price

$116,907

Price Range

$26K - $273K

Buyer Deals

Total Deals

Total Value

$3,007,500

Average Sale Price

$130,761

Price Range

$40K - $410K

5 Year View

Derek's Active Listings

$299,000
- 3 Beds
- 3 Baths
- 2,058 Sq Ft
506 Bryan Rd

Ottumwa, IA
Spacious ranch-style home on a generous corner lot in the highly desirable Eisenhower School District. Situated on just under one acre, this in-town property offers plenty of outdoor space for recreation, gardening, or future expansion. Inside, you'll find a beautifully updated kitchen with slide-out drawers for added convenience. A two-sided fireplace adds warmth and charm to both the formal

Derek Gates Ottumwa Realty

$241,000
- 3 Beds
- 2 Baths
- 1,576 Sq Ft
1110 Chester Ave

Ottumwa, IA
Photos are great but check out the walkthrough video! This beautifully cared-for 3-bedroom, 2-bath home offers a perfect balance of comfort, charm, and functionality. A spacious wraparound porch welcomes you and sets the tone for relaxed living—ideal for enjoying quiet mornings or entertaining guests. Inside, the open-concept kitchen and dining area seamlessly connect to a warm and inviting

Derek Gates Ottumwa Realty

$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

$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

$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

$169,000
- 3 Beds
- 3 Baths
- 2,464 Sq Ft
174 Carter Ave

Ottumwa, IA
**Walkthrough video now available showcasing the new flooring that was recently added**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

Derek Gates Ottumwa Realty

$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

$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

Other Experience

Distressed Properties, First Time Home Buyers, Foreclosures, Investments

Agent License #***

Derek Gates

(641) 276-6027

Ottumwa Realty

(641) 276-6027

Derek Gates

About Derek

Transaction History

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 Active Listings

Other Experience