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Ottumwa, IA Multifamily Homes & Duplexes for Sale

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  • /23

    $154,900

    • 1,440 Sq Ft

    814 E Finley Ave, Ottumwa, IA 52501

    Investor alert! This move-in ready duplex with BRAND NEW AC unit is located just minutes from JBS, John Deere, and Ottumwa schools—high-demand location with strong rental appeal. The main-level unit includes 3 bedrooms, a spacious kitchen, and a nice living space. The upper unit offers 2 bedrooms, a cozy living room, and an efficient kitchen. Situated on a flat lot, this property minimizes winter

    Jenny Ochoa Palmas Real Estate LLC

    814 E Finley Ave, Ottumwa, IA 52501
  • /22

    $178,900

    • 3,696 Sq Ft

    615 N Court St, Ottumwa, IA 52501

    Beautiful duplex in Ottumwa’s historic North Court District offering immediate cash flow and great ROI for investors, or an excellent opportunity for a homeowner to live in one side and rent the other to offset much of the monthly payment. One side features four bedrooms, very large rooms including a formal dining room, and ample space throughout. The other unit is a mirror-image layout that has

    Rhonda McKay Bridge City Realty

    615 N Court St, Ottumwa, IA 52501

Why Live in Ottumwa

Ottumwa, IA, located along the Des Moines River, is a small city with a rich history and a diverse population of over 25,000 people representing more than 40 nationalities. Known for its blue-collar roots and manufacturing history, Ottumwa has seen economic revitalization through partnerships between local government and private businesses, with major employers like JBS and John Deere. The city boasts over 24 buildings and seven historic districts on the National Registrar of Historic Places, featuring homes in Craftsman, American Foursquare, Colonial Revival, and Tudor Revival styles. Outside these districts, you'll find bungalows, Cape Cods, and ranch-style homes. Greater Ottumwa Park, encircled by the Des Moines River, is a popular spot for fishing, camping, and visiting Beach Ottumwa, a waterpark with both indoor and outdoor swimming options. Gray Eagle Wildlife Preserve and Garrison Rock offer bird watching and hiking trails. The Bridge View Center provides a venue for concerts and expos, and a new sportsplex is set to become a hub for sporting events. Downtown Ottumwa has been revitalized with about 135 businesses, including locally owned restaurants and specialty shops. Central Park hosts events like the Ottumwa Pride Block Party, Live After Five concerts, and the annual Ottumwa Pro Balloon Races. The Ottumwa Community School District is one of the most diverse in Iowa. For travel, residents use highways 34 and 63, Amtrak, and the regional airport, with commercial flights available from Des Moines International Airport, 84 miles away. The city has an outdoor siren system for extreme weather and experiences moderate weather year-round with snowy winters.

Home Trends in Ottumwa, IA

Housing Trends

Median Sale Price
$224,000
Median Single Family Sale Price
$289,000
Average Price Per Sq Ft
$138
Number of Homes for Sale
6
Last 12 months Home Sales
41
Months of Supply
1.80
Median List Price
$230,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
51%
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