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$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

Listing courtesy of Ottumwa Realty.

$234,500
2 Beds 1 Baths 6333464 MLS
Country living 8.5 acres close to town. This property offers 1080 square feet, 2-3 bedrooms, 1 bath with laundry area off of garage. Garage has a ductless heating and cooling system. there is a nice cement area on the East side of house to use for back yard barbecues. There is a great metal building (48 x 72) for your farm equipment or workshop. House has a heat pump system with electric baseboard heat to use at back up heating. New hot water heater and septic system installed in December of 2024. The potential 3rd bedroom is currently being used as an office but could be easily converted. Pond to the North belongs to neighboring owner. Listing agent is an owner to the property but has not lived in home.

24146 Dewey Rd, Centerville

Listing courtesy of RE/MAX Pride Oskaloosa.

$299,000
3 Beds 2 Baths 6333340 MLS
What a perfect blend of secluded country living and easy access to Lake Rathbun, often referred to as "Iowa's Ocean". This beautiful 3.70-acre property is only a short walk to the water's edge on the south side of Appanoose county's popular recreation attraction. This lovely home sits at the end of a long lane giving ample privacy and a beautiful well landscaped view. A 20x24 covered patio, comes complete with ceiling fans and is right off of the lower-level kitchen of the finished walk out basement. A large 2 tier deck is attached to the patio. What a great entertainment space! The 3-bedroom, (the basement bedrooms are non-conforming), 2-bath home has tile and hardwood floors and a stunning stone fireplace. The wood slat ceilings are throughout the basement and give the home a cabin vibe! The unique circular staircase gives so much added character. This lovely ranch home has been well maintained and has so many possibilities. A hookup exists near the patio for an RV or camper, and there is lots of room in this sprawling yard to add more camper spaces and turn this ideal parcel of land into a money-making business. A large metal building measuring 30 x 40 gives ample space for lake toys and vehicles. There are also 2 storage sheds for even more storage. Acreages like this near the lake do not come on the market often and this one is priced to sell. Call today and let's schedule your tour of this very unique opportunity.

14608 160th Ave, Mystic

Listing courtesy of Sunrise Realty.

$165,000
6333250 MLS
Beautiful, well maintained, 2 story, 3750 square foot building, built in 2006 and currently being used as a rental venue that also has potential for so many other uses! Open floor plan with amazing kitchen area that was added in 2015 and designed with a buffet line in mind. Twenty feet of high counter and also twenty feet of low counter space give tons of work area as well as display area. Lots of cabinet space and extra sinks make this a dream kitchen. Ample outlets behind the counter and throughout the building. Two full floors with a stairway leading upstairs from both ends of the building offers so much versatility for the use of this one-of-a-kind building. This amazing space has two restrooms, one that was original to the building in 2006, and one that was added in 2015, a utility room with lots of storage area, and also an upstairs dressing room. The first floor has a double-wide glass entrance door and a beautiful beamed high ceiling. The custom-built open staircase inside the front door has been a gorgeous focal point for photos since the remodel in 2015. The upstairs is a wide-open entertainment space with the dressing room near the back staircase. Tons of natural light with a total of 42 windows adorn the building. This is a unique opportunity with so many options! A garden area out back has a beautiful flowerbed and perfect seating area for outside entertainment. Bring your ideas and make it your dream business! Let's take a tour soon! Owner is the listing agent

103 W Main St, Exline

Listing courtesy of Sunrise Realty.

$399,000
3 Beds 3 Baths 6333065 MLS
Price Improvement! Charming Brick Ranch on 1.25 Acres (M/L) with a 48' x 40' Utility Building – Prime Highway Location. This beautifully maintained brick ranch-style home sits on a picturesque 1.25-acre (more or less) lot and has been lovingly cared for by one family. Featuring 3 spacious bedrooms, 2.5 baths, and a warm, inviting sunroom, this home offers both comfort and charm in a serene setting. Enjoy stunning views and abundant wildlife from your backyard oasis. Inside, the home boasts custom Brookhaven cabinetry throughout, along with elegant Corian countertops. The sun-filled kitchen is a cook’s dream, offering ample counter space, pull-out shelving, and a convenient built-in desk—perfect for staying organized or working from home. With its prime highway location with a shop, thoughtful design, and timeless quality, this property is a rare find. Schedule a showing of this acreage soon.

20147 Hwy 2, Centerville

Listing courtesy of Real McCoy Realty LLC.

$245,000
2 Beds 2 Baths 6332398 MLS
Acreage Near Rathbun Lake – Minutes from Honey Creek State Park! If you’re looking for an acreage outside of a subdivision, on paved roads, and close to Rathbun Lake, this is the one! This 2,064 SF ranch home features a spacious open floor plan with two large bedrooms—both big enough to fit multiple beds—and two full bathrooms, making it perfect for hosting family and friends. Enjoy the peaceful setting overlooking a pond and plenty of room to add a garage or shop to store all your lake toys, boats, and equipment. Comfort and efficiency are already in place with central A/C and a newer furnace installed just three years ago. The owned propane tank provides additional value, and for peace of mind, the property includes a concrete storm shelter. Seller may consider selling fully furnished. Don’t miss this rare opportunity to own an acreage so close to Honey Creek State Park and Rathbun Lake!

10551 160th Ave, Moravia

Listing courtesy of Iowa Realty South Lakes.

$165,900
4 Beds 2 Baths 6332323 MLS
Don’t miss this rare opportunity to own a spacious ranch-style home nestled on 15 flat lots, totaling just under 4 acres in the peaceful community of Mystic, Iowa just minutes from the recreational paradise of Rathbun Lake. Boasting over 2,600 sq ft of comfortable living space, this home offers room to grow both inside and out. Whether you're looking for a serene primary residence, a weekend retreat, or an investment opportunity, this property is brimming with potential. The flat, open lots offer ideal conditions for building projects, gardening, outdoor entertaining, or even expanding your real estate portfolio. The surrounding neighborhood is quiet and friendly, providing the perfect backdrop for country living with easy access to nearby amenities and lake activities. Take advantage of the space, the location, and the opportunity. Schedule a showing today!

301 Jefferson St, Mystic

Listing courtesy of Bogle Realty LLC.

$335,000
4 Beds 2 Baths 6332071 MLS
This stunning country brick home sits on 12.7 acres M/L of beautiful, usable land—perfect for a hobby farm close to town conveniences. This spacious home features 4 bedrooms and 2 bathrooms, with the entire upstairs newly renovated to include additional bedrooms, a modern bathroom, and a large family room. Inside, you’ll find gorgeous original hardwood floors , and charming built-ins with French doors that add timeless character. A large picture window frames breathtaking views of the surrounding countryside. The property also includes a classic heritage hip-roof barn—ideal for storage or animals—along with a detached garage and multiple outbuildings for added versatility. Don’t miss this rare opportunity to own a beautifully updated home on acreage—hobby farms like this are always in high demand! Added bonus its just a short distance to town!

21468 240th Ave, Centerville

Listing courtesy of Bogle Realty LLC.

$200,000
3 Beds 2 Baths 6331926 MLS
Reduced - A great price and great value! Charming 3-Bedroom, 2-Bath Split-Level Home on a Corner Lot Don’t miss this beautifully maintained split-level home featuring 3 spacious bedrooms and 2 full baths. Nestled on a quiet street, this in-town property offers the peaceful feel of country living with abundant wildlife and privacy all around. Enjoy two levels of comfortable living space, freshly updated with new interior paint, a newer roof, and updated siding. The home features a convenient main floor laundry/bath combo, and you'll love relaxing in the large garden tub. Step outside to enjoy multiple outdoor spaces including a covered porch (shelter house), deck, and patio — perfect for entertaining or just enjoying the serenity. A two-car detached garage offers ample storage, plus there's plenty of additional parking space. The property also includes a Shelter House for shade and for your enjoyment. Schedule your showing today!

1006 N 14th St, Centerville

Listing courtesy of Real McCoy Realty LLC.

$349,900
2 Beds 2 Baths 6331879 MLS
Escape to your own peaceful retreat just off the paved road! This Newer 2 Bedroom/2 Bathroom Acreage features a wood stove, pond, and wide-open views — plus plenty of space for chickens, gardening, and simple country living. Cozy, private, and full of charm Step inside to find an open living floor plan with newer flooring warmed by a wood stove. Down the hall is the Primary Bedroom with Private Bathroom. There is a 2nd Bedroom as well as a the Spacious Laundry Room with Bathroom and Shower right by the back door. The door opens to a beautiful stamped concrete side and covered patio with a 2 car detached garage & guest space or an office. Whether you’re dreaming of entertaining or simply seeking peace and privacy, this property provides the perfect backdrop. A true retreat, yet conveniently close to main road access. Don’t miss the chance to make this charming acreage your home! Agent is related to Seller.

27005 Fig, Bloomfield

Listing courtesy of Davis County Realtors.

$380,000
6331785 MLS
4,500 sq ft commercial building located near local shopping areas on the north side of Centerville, IA, just off Hwy 5. The property is offered as a building-only sale (businesses not included) and is fully leased, making it an excellent income-producing investment.The building is divided into two rental units. Unit One features office space, storage, and two bathrooms with showers, while Unit Two offers a storage area and one bathroom. Both units are currently occupied, with tenants including Snap Fitness and a spa facility, providing steady rental income for the new owner. With strong tenants, well maintained property with 16 parking spots and a convenient location near Hwy 5, this property is a solid commercial investment opportunity.

708 N 18th St, Centerville

Listing courtesy of Bogle Realty LLC.

$229,000
2 Beds 3 Baths 6330254 MLS
This lovely home sits in an ideal location on beautiful Drake Ave. in Centerville. The large corner lot is bordered by an alley on the side and another alley borders the back, giving easy access for an unattached garage to be built in the back yard. The home already has an attached, 2 car garage that is actually finished too nicely to be used as a garage. The stone facade and new sidewalks add so much curb appeal. The inside has several nicely done newer upgrades, but a touch of 1950's nostalgia was purposely left and only adds to the charm. A stunning wood burning fireplace adorns one entire wall in the living room, and there is an additional family room/dining room. Two bedrooms and 2 baths (one brand new and one that has been left with the original character) are on the main floor. The open concept kitchen currently has a laundry area, but there are also hookups in the basement. The basement walls have been replaced and finishing this space would be easy and would give so much more living space! A nonconforming bedroom and 1 bath are in the lower level and the storage is substantial. This gorgeous home is located within sight of the YMCA, a medical clinic, and only a short walk from the historic town square, which has so many unique shops and restaurants. The city park, with an amazing pool, tennis courts, and walking paths is also just a short jaunt from this awesome property. Drake Avenue is lined with stunning historic homes and is a highly sought-after neighborhood.

700 Drake Ave, Centerville

Listing courtesy of Sunrise Realty.

$95,000
6329203 MLS
Welcome to Lot 14, 254 Lake Drive Lago Vista! Lot 14 offers wooded privacy, lake views, and walkout potential on a beautifully sloped 2.25+ acre site. Enjoy mature trees, quiet surroundings, and close lake access. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

254 Lake Dr, Melrose

Listing courtesy of Boutique Real Estate.

$95,000
6329202 MLS
Welcome to Lot 13, 336 Lake Drive Lago Vista! Lot 13 provides a gently elevated, tree-lined setting with potential lake views on 3.0 acres. Great location for a private build. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

336 Lake Dr, Melrose

Listing courtesy of Boutique Real Estate.

$89,000
6329198 MLS
Welcome to Lot 7, 113 Cove Road Lago Vista! Lot 7 offers one of the best values in Lago Vista featuring daylight potential, a partial lake view, and a backdrop of mature trees. This 1.3 acre lot is ideal for a daylight build and offers a peaceful setting for your full-time home or weekend retreat. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Rathbun Regional Water, Chariton Valley Electric and high-speed fiber internet are all available at the lot line. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

113 Cove Rd, Melrose

Listing courtesy of Boutique Real Estate.

$427,800
6327948 MLS
PRICE REDUCED! FOR SALE in Appanoose County, Iowa is a 27.60+/- Acre property located just south of the Islandview Park area of beautiful Lake Rathbun, an 11,000 acre lake located in the rolling hills of Southern Iowa. This is a rare opportunity to purchase an acreage of this size so close to the lake. This would be a great spot for building or development. Appanoose County currently has a 3 year 100% tax abatement program for all classes of new builds.The Islandview boat ramp is located close by to make lake access extremely convenient. This acreage is within walking distance of the Islandview beach, park, dedication site and the dam. If you love nature, whether it be hunting, fishing, hiking, golfing, or boating this could be the location you’ve been looking for! This acreage is boardered by Corp of Engineers land on the lakeside. It's not restricted by HOA or subdivision covenants. Electric and water available at the road. These type of properties rarely come on the market and won't last long. Call today to schedule a showing.

450th Street, Mystic

Listing courtesy of Sunrise Realty.

$200,000
6327116 MLS
2 commercial buildings on the NW Corner of the Bloomfield square. The downstairs retail portion is vacant and needs to be renovated. Lots of potential for Retail, Restaurant or Office use. There are 3 apartments upstairs that have been completely renovated 7 years ago. Fully rented and a $1675 monthly income with a 99% yearly occupancy rate. 1 studio, 2-2 bedroom units, each with 1 bath. Includes all appliances with the sale. Stoves, Refrigerators, Microwaves, Washers and Dryers. There is also alley access to the back of both buildings. Owner would consider selling the buildings separately at $100,000 apiece. Let your upstairs tenant make your payments while you have a business of your own downstairs!!

104 & 106 W Jefferson St, Bloomfield

Listing courtesy of Lynch Realty Inc.

$615,000
5 Beds 7 Baths 6327026 MLS
Discover this stunning executive home in Albia, Iowa, set on over an acre of beautifully landscaped grounds. With 7,000+ square feet, this impressive residence features 5 spacious bedrooms and 6.5 bathrooms. The grand entrance welcomes you with hardwood floors and high ceilings, leading to a formal dining room and a cozy living area with an electric fireplace. The open-concept kitchen boasts a 14-foot quartz island, custom Amish cabinetry, and a walk-in pantry. Enjoy outdoor activities on a charming back patio or retreat to the luxurious primary suite with a spa-like ensuite bathroom. The versatile loft and expansive basement offer further living options, including a gym, craft room, and theater. Conveniently located near the town square and high school, this property combines community access with tranquil living. For those interested in touring this magnificent home or with further inquiries, call today! *Please note, the listing agent is related to the seller.*

617 B Ave E, Albia

Listing courtesy of Hawkeye Farm Mgmt & Real Estat.

$280,000
5 Beds 4 Baths 6318617 MLS
This beautiful 5 bedroom 4 bathroom home has been totally remodeled inside and out. It has a nice eat in kitchen and dining room with country charm. The main floor living room is a true highlight of the home with a fireplace and a perfect spot for family gatherings. There is a bedroom on the main floor and a 1/2 bath. Upstairs has a huge master bedroom with a full bathroom and 2 other spacious bedrooms and another full bathroom. The downstairs offers a large family room with a wood burning fireplace and a wet bar for entertaining. There is also a bedroom and a full bathroom downstairs. This home has a new furnace and central air, foam insulated basement walls, new front entry deck, new roof,new gutters, new concrete floor in the 2 car garage. Very peaceful and well established neighborhood, close to Ottumwa Regional Hospital and Clinic and close to easy on easy off highway. Call your Realtor today and make an appointment to see this remarkable property.

1212 Hutchinson Ave, Ottumwa

Listing courtesy of RE/MAX Pride Ottumwa.