$154,900
- 1,440 Sq Ft
814 E Finley Ave, Ottumwa, IA 52501
Jenny Ochoa Palmas Real Estate LLC
$154,900
814 E Finley Ave, Ottumwa, IA 52501
Jenny Ochoa Palmas Real Estate LLC
$178,900
615 N Court St, Ottumwa, IA 52501
Rhonda McKay Bridge City Realty
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.
On average, homes in Ottumwa, IA sell after 49 days on the market compared to the national average of 70 days. The median sale price for homes in Ottumwa, IA over the last 12 months is $224,000, up 51% from the median home sale price over the previous 12 months.
In Ottumwa, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $154,900 to $178,900, there's a range to accomodate every budget. As of August, 2025 the median home price in Ottumwa is $230,000, while the average sale price is $218,180, offering insights into the local housing market. On average, multi-family homes spend 49 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Ottumwa, IA.