$133,000 Great investment opportunity with this 2-story duplex featuring separate upper and lower units. Each unit offers 2 bedrooms, a living room, kitchen, and full bath, with large, comfortable rooms throughout. One unit is currently vacant, and interior photos of the vacant unit will be added soon. The property also offers a good-sized yard and a large carport providing plenty of off-street parking. Tenants pay their own gas and electric, while the owner pays water. Live in one unit and collect rental income from the other, or add this property to your investment portfolio. A great opportunity for both owner-occupants and investors! One of the owners is a licensed real estate agent in the State of Iowa. 6342392 MLS Great investment opportunity with this 2-story duplex featuring separate upper and lower units. Each unit offers 2 bedrooms, a living room, kitchen, and full bath, with large, comfortable rooms throughout. One unit is currently vacant, and interior photos of the vacant unit will be added soon. The property also offers a good-sized yard and a large carport providing plenty of off-street parking. Tenants pay their own gas and electric, while the owner pays water. Live in one unit and collect rental income from the other, or add this property to your investment portfolio. A great opportunity for both owner-occupants and investors! One of the owners is a licensed real estate agent in the State of Iowa. 1146 N Elm St, Ottumwa Listing courtesy of Ottumwa Realty.
$575,000 This is a great opportunity to own one of downtown Ottumwa's nicest buildings. With a recent full restoration this property offers a large open commercial main level. It includes large storefront windows for advertising, exposed brick walls throughout, refinished hardwood floors, new kitchenette area, men's and women's restrooms. It has a traditional meets modern look that is sure to enhance any business. For additional income, there are three remodeled apartments upstairs. One 2 bed 1 bath, and Two 1 bed 1 bath. Most recent rents are $1224, $949, and $1205 - utilities are on the tenants. This property cash flows well, and financials are available to pre-qualified buyers or those with proof of funds and that sign a non-disclosure. Call for more information or to schedule your showing. 6342308 MLS This is a great opportunity to own one of downtown Ottumwa's nicest buildings. With a recent full restoration this property offers a large open commercial main level. It includes large storefront windows for advertising, exposed brick walls throughout, refinished hardwood floors, new kitchenette area, men's and women's restrooms. It has a traditional meets modern look that is sure to enhance any business. For additional income, there are three remodeled apartments upstairs. One 2 bed 1 bath, and Two 1 bed 1 bath. Most recent rents are $1224, $949, and $1205 - utilities are on the tenants. This property cash flows well, and financials are available to pre-qualified buyers or those with proof of funds and that sign a non-disclosure. Call for more information or to schedule your showing. 325 E Main St, Ottumwa Listing courtesy of RE/MAX Pride Oskaloosa.
$145,200 Country calm meets convenience just 10 minutes from town. These flexible triplex offerings let you choose the layout that fits your life—and to maximize your investment potential. The upper two-unit package includes a 563 sq. ft. studio with soaring oak paneled, cathedral ceilings, full bath, kitchenette, and patio, paired with a bright 1,024 sq. ft. 2-bed/2-bath lower level featuring bamboo floors, laundry, and a sunny porch deck. Exterior updates to siding and patios are underway—keep this in mind when viewing with your agent. Buyers may opt to purchase the entire triplex, or both triplexes together for exceptional investment income potential. Text the listing agent for package deals. 6341917 MLS Country calm meets convenience just 10 minutes from town. These flexible triplex offerings let you choose the layout that fits your life—and to maximize your investment potential. The upper two-unit package includes a 563 sq. ft. studio with soaring oak paneled, cathedral ceilings, full bath, kitchenette, and patio, paired with a bright 1,024 sq. ft. 2-bed/2-bath lower level featuring bamboo floors, laundry, and a sunny porch deck. Exterior updates to siding and patios are underway—keep this in mind when viewing with your agent. Buyers may opt to purchase the entire triplex, or both triplexes together for exceptional investment income potential. Text the listing agent for package deals. 1705 Ayodhya, Fairfield Listing courtesy of Village Realty.
$137,940 Country calm meets convenience just 10 minutes from town in a pair of flexible triplex offerings! You choose the layout that fits your life—this one is a duplex, up and down, maximizing your investment potential. Live in the top efficiency studio apt and rent out the lower 2 bed/2bath or rent both out. The upper two-unit package includes a 563 sq. ft. studio with soaring oak paneled, cathedral ceilings, full bath, kitchenette, and patio, paired with a bright 1,024 sq. ft. 2-bed/2-bath lower level featuring bamboo floors, laundry, and a sunny porch deck. Exterior updates to siding and patios starting soon—keep this in mind when viewing with your agent. Buyers may opt to purchase the entire triplex, or both triplexes together for exceptional investment income potential. 6341916 MLS Country calm meets convenience just 10 minutes from town in a pair of flexible triplex offerings! You choose the layout that fits your life—this one is a duplex, up and down, maximizing your investment potential. Live in the top efficiency studio apt and rent out the lower 2 bed/2bath or rent both out. The upper two-unit package includes a 563 sq. ft. studio with soaring oak paneled, cathedral ceilings, full bath, kitchenette, and patio, paired with a bright 1,024 sq. ft. 2-bed/2-bath lower level featuring bamboo floors, laundry, and a sunny porch deck. Exterior updates to siding and patios starting soon—keep this in mind when viewing with your agent. Buyers may opt to purchase the entire triplex, or both triplexes together for exceptional investment income potential. 1703d Kosola, Fairfield Listing courtesy of Village Realty.
$235,000 Excellent investment opportunity on the north side of Ottumwa! This well-maintained single-level 4-plex features four identical 2-bedroom, 1-bath units, offering a simple and efficient layout for tenants. The property includes on-site coin-operated laundry for additional income potential. All utilities are currently tied together, keeping utility management centralized. There is a small office space/storage room with a half bath for the landlord. Conveniently located, with easy access to shopping, schools and the hospital. This is a great opportunity to add a solid multifamily property to your investment portfolio. 6341682 MLS Excellent investment opportunity on the north side of Ottumwa! This well-maintained single-level 4-plex features four identical 2-bedroom, 1-bath units, offering a simple and efficient layout for tenants. The property includes on-site coin-operated laundry for additional income potential. All utilities are currently tied together, keeping utility management centralized. There is a small office space/storage room with a half bath for the landlord. Conveniently located, with easy access to shopping, schools and the hospital. This is a great opportunity to add a solid multifamily property to your investment portfolio. 1120 N Green St, Ottumwa Listing courtesy of RE/MAX Pride Ottumwa.
$284,900 Four-Unit Multifamily Investment Opportunity This one-of-a-kind four-family conversion offers an excellent opportunity for investors looking for an established rental property with strong income potential. Thoughtfully converted into four separate units, the property offers a functional layout and a unique investment opportunity. Each of the four units features 2 bedrooms and 1 bathroom, with shared laundry conveniently located in the common area. All four units are occupied and current monthly rents: - Unit A: $1,065/month - Unit B: $1,025/month - Unit C: $1,225/month - Unit D: $850/month Landlord currently pays the utilities. Recent exterior improvements include a new metal roof and gutters on the north portion of the building in 2024 and new vinyl siding installed in 2022. The property also includes a small garage and outdoor garden shed, adding valuable storage and functionality. With four well managed income-producing units, recent exterior updates, and a unique conversion that offers plenty of character, this property presents an excellent opportunity for both seasoned investors and those looking to expand their rental portfolio. This property is owned by the Listing Agent. 7 Baths ⋅ 6341562 MLS Four-Unit Multifamily Investment Opportunity This one-of-a-kind four-family conversion offers an excellent opportunity for investors looking for an established rental property with strong income potential. Thoughtfully converted into four separate units, the property offers a functional layout and a unique investment opportunity. Each of the four units features 2 bedrooms and 1 bathroom, with shared laundry conveniently located in the common area. All four units are occupied and current monthly rents: - Unit A: $1,065/month - Unit B: $1,025/month - Unit C: $1,225/month - Unit D: $850/month Landlord currently pays the utilities. Recent exterior improvements include a new metal roof and gutters on the north portion of the building in 2024 and new vinyl siding installed in 2022. The property also includes a small garage and outdoor garden shed, adding valuable storage and functionality. With four well managed income-producing units, recent exterior updates, and a unique conversion that offers plenty of character, this property presents an excellent opportunity for both seasoned investors and those looking to expand their rental portfolio. This property is owned by the Listing Agent. 206 E Hempstead Ave, Fairfield Listing courtesy of Mossy Oak Properties Boley Real Estate.
$165,000 3 unit commercial building offering a 2 bedroom apartment on the upper level currently occupied for $700 a month and the main level has a studio apartment ready for updates as a well as a commercial space with 2 office areas and kitchenette. Utilities are split out and the owner retains the garage space. 6341362 MLS 3 unit commercial building offering a 2 bedroom apartment on the upper level currently occupied for $700 a month and the main level has a studio apartment ready for updates as a well as a commercial space with 2 office areas and kitchenette. Utilities are split out and the owner retains the garage space. 402 Richmond St, Ottumwa Listing courtesy of Lynch Realty Inc.
$230,000 6340469 MLS 200 E Briggs, Fairfield Listing courtesy of Mossy Oak Properties Boley Real Estate.
$399,000 Excellent Investment Opportunity--Turn Key 12-Unit--All 1 bedroom, 1 bath Apartment Complex. Fresh updates including paint & flooring create clean, move in ready units. Central amenities include an onsite laundry room, spacious community room, ample parking & outdoor lighting & sidewalks make for the perfect evening walk. Each unit provides a simple & efficient layout for comfort & easy living. Paired with the above amenities it is a practical choice for tenants seeking value, convenience, & low maintenance living. With the consistent demand for rentals in Sullivan County, a simple operating model & refreshed & ready for new tenants, it is the perfect addition to your investment portfolio! Do not delay call Charity Taylor today 660.341.4607. 8 Beds ⋅ 8 Baths ⋅ 46578 MLS Excellent Investment Opportunity--Turn Key 12-Unit--All 1 bedroom, 1 bath Apartment Complex. Fresh updates including paint & flooring create clean, move in ready units. Central amenities include an onsite laundry room, spacious community room, ample parking & outdoor lighting & sidewalks make for the perfect evening walk. Each unit provides a simple & efficient layout for comfort & easy living. Paired with the above amenities it is a practical choice for tenants seeking value, convenience, & low maintenance living. With the consistent demand for rentals in Sullivan County, a simple operating model & refreshed & ready for new tenants, it is the perfect addition to your investment portfolio! Do not delay call Charity Taylor today 660.341.4607. 110 Highway 139, Humphreys Listing courtesy of CENTURY 21 Lifetime Realty.
$197,000 Location, location, location! Most recently home to Bountiful Bakery, this versatile property offers exceptional potential as an investment, owner-occupied residence, multi-family rental, or the perfect place to launch your business. With separately metered units and approximately 2,000 square feet of usable space (includes 2.50 baths), the property provides flexibility for a variety of living and income-producing arrangements. Whether you're looking to occupy the entire building, generate rental income while living on-site, or create a unique live-work setup, the possibilities are extensive. Features include multiple entrances (front, side, and rear), beautiful hardwood floors, updated bathroom spaces, a side deck, garage space, and a shaded backyard. An unfinished attic offers additional potential for expansion or customization. Conveniently located near shopping, dining, services, and other everyday amenities, this property presents a rare opportunity to add value and make it your own. 6339236 MLS Location, location, location! Most recently home to Bountiful Bakery, this versatile property offers exceptional potential as an investment, owner-occupied residence, multi-family rental, or the perfect place to launch your business. With separately metered units and approximately 2,000 square feet of usable space (includes 2.50 baths), the property provides flexibility for a variety of living and income-producing arrangements. Whether you're looking to occupy the entire building, generate rental income while living on-site, or create a unique live-work setup, the possibilities are extensive. Features include multiple entrances (front, side, and rear), beautiful hardwood floors, updated bathroom spaces, a side deck, garage space, and a shaded backyard. An unfinished attic offers additional potential for expansion or customization. Conveniently located near shopping, dining, services, and other everyday amenities, this property presents a rare opportunity to add value and make it your own. 303 S Main St, Fairfield Listing courtesy of Fairfield Real Estate.
$235,000 Don't miss this excellent investment opportunity with this fully occupied 4-plex offering immediate rental income and long-term potential. The property features a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, appealing to a wide range of tenants. Each unit is equipped with its own washer and dryer, adding convenience and increasing tenant satisfaction. With a strong rental history and consistent occupancy, this is an ideal property for both first-time investors and seasoned landlords looking to expand their portfolio. Tenants enjoy ample off-street parking and a spacious shared courtyard complete with a basketball hoop and picnic table, creating a welcoming outdoor space for recreation and relaxation. Whether you're looking to grow your investment holdings or secure a reliable income-producing property, this well-maintained 4-plex is a rare opportunity to own a proven income-producing asset. 6339077 MLS Don't miss this excellent investment opportunity with this fully occupied 4-plex offering immediate rental income and long-term potential. The property features a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, appealing to a wide range of tenants. Each unit is equipped with its own washer and dryer, adding convenience and increasing tenant satisfaction. With a strong rental history and consistent occupancy, this is an ideal property for both first-time investors and seasoned landlords looking to expand their portfolio. Tenants enjoy ample off-street parking and a spacious shared courtyard complete with a basketball hoop and picnic table, creating a welcoming outdoor space for recreation and relaxation. Whether you're looking to grow your investment holdings or secure a reliable income-producing property, this well-maintained 4-plex is a rare opportunity to own a proven income-producing asset. 18 S 5th St, Albia Listing courtesy of RE/MAX Pride Ottumwa.
$169,000 Triplex located near campus and Everybody's. Covered porch and nice entry area. Main level unit rents for $650/month and includes a stove/refrigerator and laundry hookups & 2 bedrooms. Second unit rents for $750/month and has appliances and laundry hookups & 2 bedrooms. Upstairs unit (currently rented) rents for $550/month with stove & refrigerator. Separate garage is rented for $50/month. Potential in basement for a studio apartment. Basement & main-level apartment have separate furnaces. Upstairs apartments have electric baseboard. New roof, new electric, & new plumbing. All separately metered (water/electric/gas). Your opportunity to grow your portfolio. 6334807 MLS Triplex located near campus and Everybody's. Covered porch and nice entry area. Main level unit rents for $650/month and includes a stove/refrigerator and laundry hookups & 2 bedrooms. Second unit rents for $750/month and has appliances and laundry hookups & 2 bedrooms. Upstairs unit (currently rented) rents for $550/month with stove & refrigerator. Separate garage is rented for $50/month. Potential in basement for a studio apartment. Basement & main-level apartment have separate furnaces. Upstairs apartments have electric baseboard. New roof, new electric, & new plumbing. All separately metered (water/electric/gas). Your opportunity to grow your portfolio. 500 N Main St, Fairfield Listing courtesy of Fairfield Real Estate.