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$335,000
2 Beds 1 Baths 6336940 MLS
A rare opportunity to acquire a fully operational, income-generating mixed-use property in the heart of downtown Ottumwa. This handsome, historic, two-story brick building, offers immediate revenue from both floors and the kind of downtown presence that takes a long time to establish. The first floor is configured as a working retail and bar/eatery space, currently home to two established local businesses with a loyal customer base and a recognized brand. The space is flexible, rent-ready, and suited to a wide range of commercial uses — retail, food and beverage, professional services, or creative enterprise. New ownership can continue existing operations, welcome a new commercial tenant, or reimagine the space entirely. The second floor is a comfortable two-bedroom, one-bathroom, walk-up apartment currently generating income as a licensed short-term rental with verified SuperHost status on Airbnb — a designation that reflects documented guest demand and operational excellence and transfers significant value to a new owner. The apartment converts readily to a long-term residential lease, with realistic monthly rental income for a qualified tenant. Additional upside includes the potential to add a rear deck overlooking the Des Moines River, enhancing the property's appeal for both commercial and residential occupants. Combined annual gross income potential from both floors nears $40,000 in passive rent alone. This is a property that works from day one.

328 E Main St, Ottumwa

$149,900
5 Beds 2 Baths 6336934 MLS
Spacious and inviting 5-bedroom home offering room for everyone! This property features many updates with a bright, expansive living room and a formal dining area, perfect for everyday living and entertaining. You’ll appreciate the abundance of natural light throughout, along with durable ceramic tile flooring and a beautifully finished ceramic tile shower. The walk-out basement adds additional versatility and extra living space, while the detached 2-car garage provides ample storage and convenience. Exterior highlights include a classic combination of brick and vinyl siding for both charm and low maintenance. Ideally located within walking distance to the high school and numerous amenities, this home offers both comfort and convenience. A fantastic opportunity for a growing or large family looking for space, functionality, and a great location! https://www.instagram.com/reel/Db1331Bu_lt/

419 N Birch St, Ottumwa

$345,000
3 Beds 2 Baths 6336612 MLS
Enjoy the best of both worlds with this close-in rural property offering a peaceful setting, the convenience of town, and lower county taxes. Nearly $40,000 in insurance-funded exterior improvements are being completed, including a new roof on the home, detached garage and storage shed, new soffits, new front siding, and fresh exterior paint. This well-maintained, move-in ready home shows pride of ownership throughout. The main level features a bright kitchen with Corian countertops, quality cabinetry, built-in cooktop, double ovens, tile backsplash, and dining area. The spacious living room offers a corner stone fireplace with built-ins. The primary bedroom includes two closets, while the updated bath features a tiled walk-in shower with glass doors and storage niches. The finished lower level includes a large family room with a linear fireplace, a bedroom with egress window, a bathroom and a laundry/utility room with storage. Outside, enjoy a large deck connected to a functional breezeway with easy access to the backyard, workshop, attached garage, third-car garage, and storage shed. Mature landscaping, rock beds, updated lighting, exterior security lighting, and numerous interior updates complete this exceptional property.

12655 Hwy 149, Ottumwa

$145,000
3 Beds 1 Baths 6336312 MLS
Comfortable Living with Character & Modern Updates Welcome home to this charming 3-bedroom, 1-bath property located at 122 Johnson Ave. in Ottumwa, Iowa. From the moment you step inside, you'll notice the warm, inviting feel created by the beautiful hardwood floors and the natural light pouring through the large living room windows. The spacious living area provides plenty of room to relax, entertain, or gather with family and friends. Just off the living room, the updated kitchen features stylish cabinetry, modern backsplash, and a functional layout that makes cooking and everyday living easy and enjoyable. All three bedrooms are conveniently located on the main level along with the full bathroom, offering comfortable single-level living. The full basement provides excellent space for storage, hobbies, or future finishing potential. One of the home's most convenient features is the attached one-car garage connected by a breezeway—perfect for staying protected from the elements while coming and going. Whether you're buying your first home, looking to simplify with main-level living, or searching for a solid investment property, this home offers a great combination of comfort, character, and value. Come take a look and imagine the possibilities of making this house your next home.

122 N Johnson Ave, Ottumwa

$184,900
3 Beds 2 Baths 6336125 MLS
Move-in ready ranch-style home in a convenient Ottumwa location near the hospital, grocery store, and local shops. This well-maintained 3-bedroom, 2-bath home offers a spacious layout with two bedrooms on the main level and a non-conforming bedroom in the finished lower level. The newly remodeled kitchen features modern updates and flows into a large living room and dining area, plus an additional bonus room for extra living space or a home office. Both bathrooms have been beautifully updated with modern ceramic-tiled showers. The basement includes a large family room area perfect for entertaining or relaxing. This property comes fully equipped with appliances including the washer and dryer, plus many extras: an additional refrigerator, freezer, dehumidifier, large safe, riding lawn mower, push mower, and a 14,000 BTU heater for the bonus room. Outside you'll find a large fenced yard, spacious front yard, shed for storage, and convenient parking near the rear entrance. Fresh paint upstairs adds to the home's clean, updated feel. A fantastic opportunity for a move-in ready home with plenty of space, upgrades, and included extras.

814 N Court St, Ottumwa

$399,500
4 Beds 3 Baths 6335798 MLS
Imagine coming home to your own private slice of Iowa paradise. At 9303 170th Ave, you'll have 19.5 acres to explore, relax, and enjoy—whether you're sipping your morning coffee overlooking the pond, watching deer and turkey wander through the property, or spending weekends fishing, hunting, or simply taking in the peaceful surroundings. Inside, you'll love the fresh updates, including new flooring and fresh paint that make the home feel bright and move-in ready. The spacious primary suite addition is the perfect place to unwind, featuring a spa-like ensuite bathroom and a large walk-in closet that gives you your own private retreat at the end of the day. If you've been dreaming of more space, more privacy, and the freedom that comes with country living, this property offers it all while still providing the modern comforts you want. Whether you're looking for a place to raise a family, enjoy your hobbies, or escape the hustle and bustle, you'll find endless opportunities here. To make your move even easier, the sellers are offering buyer incentives through their preferred lender, including assistance with closing costs or funds toward a 2-1 interest rate buydown (subject to lender approval). This isn't just a home—it's a lifestyle. Come experience everything this beautiful acreage has to offer and see why you'll never want to leave.

9303 170th Ave, Ottumwa

$55,000
6333725 MLS
Seller Financing is available! Endless potential in the heart of Ottumwa’s historic downtown! Once home to the original YMCA, this massive brick building sits prominently on a corner lot with excellent visibility and access. The structure offers an incredible amount of space and a layout that opens the door to a wide variety of redevelopment possibilities—commercial, mixed-use, community space, creative workspace, or investor renovation project. This is a foreclosure and does need significant TLC, but the size, location, and history make it an opportunity rarely found at this price point. Seller financing is available with a strong down payment, giving buyers flexibility to bring their vision to life. If you’re looking for a high-potential project in downtown Ottumwa, this property is ready for your ideas. Schedule a showing and explore what this building could become!

229 E 2nd St, Ottumwa

$360,000
4 Beds 3 Baths 6317744 MLS
Extraordinary home, previously featured with an 8 page article in The Iowan Magazine....and you can see why with the many locally historically incorporated features throughout. Hand hewn barn beams featuring wooden peg and tendon construction, bridge girder beams span the vaulted main level living area, corbels, street pavers and a long list of other decorative accents that seem endless create an amazing example of blending the old with the new. Effective use of the southern exposure that allows walkout living area on the lower level that flows to outdoor entertainment spots and winter sun to heat the main level brick floors adding natural comfort to living areas. Sun lit rooms complimented with skylights and beamed ceilings add to the grandeur and spaciousness of this unique living experience, all situated on 1.32 acres in one of Ottumwa's finest residental resale districts. New roofing in 2025 & new septic in 2026!

2 Birchwood Heights Dr, Ottumwa