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$132,000
3 Beds 1 Baths 6338134 MLS
Welcome to this charming and thoughtfully updated 3-bedroom home perfectly situated in one of Ottumwa’s most convenient neighborhoods. From the moment you arrive, you’ll notice the pride of ownership throughout, from the fresh curb appeal to the brand-new roof installed in 2025. Step inside and discover a comfortable, move-in-ready layout featuring modern updates throughout while maintaining a warm, inviting feel. The spacious living area flows easily into the dining and kitchen spaces, creating the perfect spot for family gatherings or cozy nights in. The full basement offers ample storage and laundry space, plus the potential to finish for even more living area. Outside, enjoy the ease of an attached 1-car garage and a manageable yard that’s ideal for relaxing or entertaining. You’ll love the location—tucked into a quiet residential area with quick access to Highway 34 and 63, and surrounded by Ottumwa’s new dual roundabouts, ensuring smooth travel with no long waits at red lights. A wonderful blend of comfort, convenience, and updates, this is a home you’ll be proud to call your own.

535 Osceola St, Ottumwa

Listing courtesy of Ottumwa Realty.

$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

Listing courtesy of Bridge City Realty.

$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

Listing courtesy of Hometown Realty.