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Fantastic investment opportunity with strong rental income and major updates already completed. This 8-plex offers a mix of units - six 1-bedroom apartments one 2-bedroom, and one 3-bedroom providing steady cash flow from day one. The building needs some TLC, but the upside is tremendous for anyone looking to add value and increase returns. Major mechanical updates have already been handled, including a new 2025 steam boiler, updated electrical, and updated plumbing, giving you a solid foundation to build on. With cosmetic improvements and strategic upgrades, this property has the potential to become a high-performing asset in your portfolio. Endless possibilities for the savvy investor ready to capitalize on a multi-unit building with proven income and room to grow.

11 Beds ⋅ 8 Baths ⋅ 6342916 MLS

Fantastic investment opportunity with strong rental income and major updates already completed. This 8-plex offers a mix of units - six 1-bedroom apartments one 2-bedroom, and one 3-bedroom providing steady cash flow from day one. The building needs some TLC, but the upside is tremendous for anyone looking to add value and increase returns. Major mechanical updates have already been handled, including a new 2025 steam boiler, updated electrical, and updated plumbing, giving you a solid foundation to build on. With cosmetic improvements and strategic upgrades, this property has the potential to become a high-performing asset in your portfolio. Endless possibilities for the savvy investor ready to capitalize on a multi-unit building with proven income and room to grow.

424 N Court St, Ottumwa

Listing courtesy of Bridge City Realty.

$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.

$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.

$2,550,000

Full-house water filtration system in this spectacular 116± acre luxury estate offering unmatched privacy, recreation, and high-end country living just outside Bloomfield, IOWA! This estate is perfect for the remote worker offering 2G fiber internet and easy drive to airports, the avid hunter, or hobby farmer. The custom 4,152 sq ft walk-out home features 4 bedrooms and 4 baths, including a breathtaking owner’s suite with fireplace, Jacuzzi tub, steam shower, and spacious closet. The gourmet kitchen boasts top of the line appliances, granite countertops, and oak cabinetry. The lower level offers more entertaining space, bar area, and fireplace. Outdoor living shines with expansive patios, heated pool, pizza oven, and fireplace overlooking a 7 AC/ML stocked pond. A 2,556 sq ft guest house has 2 bedrooms and lake views. Additional improvements include 48x72 heated shop, 28x34 livestock building, and 24x34, 28x36, and 38x50 storage buildings. 3 ponds on property. This story-book property is surrounded by timber,(81+ac/ml Forrest Reserve) hayfields, and ready for the next chapter. Request additional information that you won’t find here or on other .com sites.

6 Beds ⋅ 7 Baths ⋅ 6336402 MLS

Full-house water filtration system in this spectacular 116± acre luxury estate offering unmatched privacy, recreation, and high-end country living just outside Bloomfield, IOWA! This estate is perfect for the remote worker offering 2G fiber internet and easy drive to airports, the avid hunter, or hobby farmer. The custom 4,152 sq ft walk-out home features 4 bedrooms and 4 baths, including a breathtaking owner’s suite with fireplace, Jacuzzi tub, steam shower, and spacious closet. The gourmet kitchen boasts top of the line appliances, granite countertops, and oak cabinetry. The lower level offers more entertaining space, bar area, and fireplace. Outdoor living shines with expansive patios, heated pool, pizza oven, and fireplace overlooking a 7 AC/ML stocked pond. A 2,556 sq ft guest house has 2 bedrooms and lake views. Additional improvements include 48x72 heated shop, 28x34 livestock building, and 24x34, 28x36, and 38x50 storage buildings. 3 ponds on property. This story-book property is surrounded by timber,(81+ac/ml Forrest Reserve) hayfields, and ready for the next chapter. Request additional information that you won’t find here or on other .com sites.

13139 Pearl Ave, Bloomfield

Listing courtesy of Bogle Realty LLC.

$615,000

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.*

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.

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