Derek Gates

Ottumwa IA

Ottumwa Realty

67 Closed Sales

$8.1M Total Value

$53K - $410K Price Range

$121.5K 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, Manufactured, MultiFamily, Commercial

Years of Experience: 6

Transaction History

1 Year
2 Year
5 Year

Seller Deals

Total Deals

Total Value

$2,054,026

Average Sale Price

$120,825

Price Range

$53K - $273K

Buyer Deals

Total Deals

Total Value

$2,031,750

Average Sale Price

$119,515

Price Range

$23K - $245K

1 Year View by Quarter

Seller Deals

Total Deals

Total Value

$4,015,076

Average Sale Price

$118,090

Price Range

$26K - $273K

Buyer Deals

Total Deals

Total Value

$3,417,750

Average Sale Price

$126,583

Price Range

$23K - $410K

2 Year View by Quarter

Seller Deals

Total Deals

Total Value

$4,584,076

Average Sale Price

$117,540

Price Range

$26K - $273K

Buyer Deals

Total Deals

Total Value

$3,556,750

Average Sale Price

$127,027

Price Range

$23K - $410K

5 Year View

Derek's Active Listings

$175,000
- 4 Beds
- 2 Baths
- 2,316 Sq Ft
750 N Green St

Ottumwa, IA
Welcome to 750 N Green St – where space, character, and comfort collide! This beautifully spacious 4-bedroom, 2-bath home offers over 2,300 square feet of inviting living space designed for both entertaining and everyday life. From the moment you step inside, you’ll notice the warm charm of the fireplace centerpiece, perfect for cozy evenings or hosting guests in style. The expansive kitchen is

Derek Gates Ottumwa Realty

$120,000
- 3 Beds
- 1 Bath
- 1,571 Sq Ft
1401 W Finley Ave

Ottumwa, IA
Welcome to 1401 W Finley, a spacious 3-bedroom home situated on a large corner lot in a desired Southside neighborhoods. This property offers 1,571 square feet of livable space, a durable metal roof, and an oversized 2-car garage—perfect for extra storage, hobbies, or workshop needs. Enjoy the convenience of being within walking distance of Wildwood Park, and just minutes from grocery stores,

Derek Gates Ottumwa Realty

$49,999
- 2 Beds
- 1 Bath
- 677 Sq Ft
537 S Moore St

Ottumwa, IA
Check out the walkthrough video! (Video not available on some sites that start with zill and rhyme with willow). Welcome to 537 S Moore St, a cozy 2-bedroom, 1-bath home brimming with potential and priced to move! With 677 square feet of smartly designed living space, this property is ideal for anyone seeking a low-maintenance home, a starter investment, or a renovation opportunity. Enjoy the

Derek Gates Ottumwa Realty

$39,999
- 2 Beds
- 1 Bath
- 1,058 Sq Ft
1620 Mowrey Ave

Ottumwa, IA
WHOA New Price! Calling all investors—this is the opportunity you've been waiting for! Check out the walkthrough video! (Video not available on some sites that start with zill and rhyme with willow). Situated on a generous corner lot with a large yard, 1620 Mowrey St is ready for someone with vision to bring it back to life. While the home does need significant repairs and updates, the potential

Derek Gates Ottumwa Realty

$289,000
- 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

$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

$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

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