$75,000
$10K PRICE DROP

2310 E Main St Ottumwa, IA 52501

Estimated payment $514/month

Total Views 8,379
-- Bed
-- Bath
1,967 Sq Ft
$38 Price per Sq Ft

About This Home

Ring.... ring... Its not a spam call. That’s right—we’re calling all investors. This up/down duplex is your chance to step into a cash-flow opportunity with upside. Featuring two 2-bedroom, 1-bath units with tenants paying all utilities, this property keeps expenses low and returns strong. Current rents are below fair market value, leaving room for increased income and improved ROI. Located close to JBS, this is a prime rental area with consistent demand. Whether you’re looking to add to your portfolio or get started in multifamily investing, this one checks the boxes—location, layout, and potential. Answer the call—this investment won’t wait. ????

Listing Agent

Derek Gates

Ottumwa Realty License #*** Listed on: 04/17/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Additional Features

  • Partial Basement
  • Lot Dimensions are 50x150
  • Forced Air Heating System

Community Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Year Built: 1900
  • Stories: 2
  • Property Type: Residential Income
  • Co List Office Mls Id: NOC19073
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Basement: Partial
  • Fireplace: No

Exterior Features

  • Construction Type: Wood Siding, Vinyl Siding

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water Source: Public

Lot Info

  • Lot Dimensions: 50X150
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,290 $65,070 $3,750 $61,320
2024 $1,290 $59,510 $3,750 $55,760
2023 $306 $15,530 $3,750 $11,780
2022 $322 $12,790 $3,750 $9,040
2021 $322 $12,690 $3,750 $8,940
2020 $294 $11,470 $3,750 $7,720
2019 $712 $27,150 $0 $0
2018 $692 $27,150 $0 $0
2017 $692 $31,540 $0 $0
2016 $980 $39,215 $0 $0
2015 $982 $39,215 $0 $0
2014 -- $39,215 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2026 05/22/26 Price Changed $75,000 -11.8% $38 / Sq Ft
04/17/2026 04/17/26 For Sale $85,000 +21.4% $43 / Sq Ft
05/08/2024 05/08/24 Off Market $70,000 -- --
05/06/2024 05/06/24 Sold $70,000 -6.7% $36 / Sq Ft View Prior Sale
03/06/2024 03/06/24 Pending -- -- --
11/04/2023 11/04/23 For Sale $75,000 -- $38 / Sq Ft
Source: NoCoast MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $70,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $52,500 New Conventional
Source: Public Records

About the Listing Agent

Derek Gates

Ottumwa Realty

(641) 552-1459

Section Image

#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

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Source: NoCoast MLS

MLS Number: NOC6337350

NoCoast MLS

APN: 007411400010000

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