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$63,000
1 Beds ⋅ 1 Baths ⋅ 6340817 MLS
Enjoy low-maintenance living in this second-level condo featuring one bedroom and one full bath. Recent updates include new flooring in the living room and hallway, along with new outdoor carpeting on the private balcony overlooking the common area—an ideal spot to relax and unwind. The efficient kitchen offers everything needed for everyday meal preparation, while the full bath features a tub/shower combination. The spacious bedroom includes a large window that provides pleasant natural light, creating a comfortable and inviting retreat. This condominium is part of an established homeowners association with covenants in place. The $195 monthly HOA fee includes water, sewer, and garbage services, helping simplify monthly expenses. Each unit also includes one dedicated parking space for added convenience. Whether you're looking for your first home, a place to downsize, or an investment opportunity, this affordable condo offers comfort, convenience, and easy living.

408 N D Unit #2g St Unit 2G, Fairfield

Listing courtesy of LIV Real Estate & Property Management.

$63,000
1 Beds ⋅ 1 Baths ⋅ 6340418 MLS
This 3rd floor condo overlooks the common garden from the private balcony. One bedroom and one bath. Large living room and functional kitchen. Central Air. Mail service on site and use of laundry units in lower level common area. One parking space per unit. Associated Covenants and HOA ($195/mo) include water, sewer and garbage; Exterior of building and common areas. Schedule a showing with your agent today!

408 N D Unit 3g St Unit 3G, Fairfield

Listing courtesy of LIV Real Estate & Property Management.

$62,000
2 Beds ⋅ 1 Baths ⋅ 6336835 MLS
Take a look at this charming home full of potential, ready for you to make it your own! Featuring 2 bedrooms and 1 bathroom, this property offers a great opportunity for first-time buyers, investors, or anyone looking to add their personal touch. Situated on nearly an acre of land, there’s plenty of space to enjoy the outdoors, expand, or create your dream yard. With its generous lot size and endless possibilities, this home is the perfect canvas to bring your vision to life. Don’t miss your chance to turn this property into something truly special!

802 S Adella St, Ottumwa

Listing courtesy of Bridge City Realty.

$60,000
6339713 MLS
4.13 Acres M/L – Build-Ready Wooded Acreage Near Fairfield Discover the perfect setting for your future home on this 4.13-acre m/l wooded parcel located less than 10 miles from Fairfield, Iowa. Offering a desirable combination of privacy, natural beauty, and convenient access to utilities, this property is ready for your building plans. Access Energy electric is available at the edge of the property, Wapello Rural Water is located across the road, and KCTC fiber internet is available nearby. The wooded landscape provides an attractive setting with ample space for a home, outbuilding, recreational area, or other improvements. Enjoy the peaceful rural location while remaining just minutes from Fairfield and its amenities. Whether you're looking to build your primary residence, a weekend getaway, or an investment property, this acreage offers an excellent opportunity to create the property you've been envisioning. Contact your agent today for additional information.

125 Th St, Fairfield

Listing courtesy of Greiner Real Estate & Auction.

$60,000
6339277 MLS
Experience off-grid living in a scenic rural setting surrounded by open fields. This property includes a one-room cabin-style living space, camper, solar power system, composting toilet, shop, woodshed, and outhouse, providing the foundation for a self-sufficient lifestyle or weekend retreat. The level site is enhanced by established fruit trees, including apple, apricot, and cherry varieties, along with asparagus, wild onions, flowering perennials, and productive red and black raspberry bushes. Existing outbuildings offer flexibility for storage, projects, or hobby use. A unique opportunity to own a property with established improvements, mature plantings, and a peaceful country setting. Call today to schedule your showing!

1356 Hemlock Ave, Packwood

Listing courtesy of Legacy Real Estate Group.

$60,000
6331545 MLS
Great building lot, 3.19 acres M/L, overlooking Ottumwa. Utilities at Madison Ave. No trespassing please, call for your showing.

Madison Ave, Ottumwa

Listing courtesy of RE/MAX Pride Oskaloosa.

$59,999
6337987 MLS
Excellent investment opportunity with this well-maintained duplex offering strong rental income potential. Each unit features 2 bedrooms and 1 full bath, providing comfortable and functional living spaces for tenants. The upper-level unit has been updated with new electrical and a newer furnace, adding value and peace of mind. Both units share water service, and the property also includes newer vinyl siding for low-maintenance exterior appeal. A one-car garage adds convenience, while the shared backyard offers a manageable outdoor space for occupants to enjoy. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this property presents a versatile and attractive opportunity.

134 S Cooper Ave, Ottumwa

Listing courtesy of Bridge City Realty.

$59,900
6342266 MLS
Rarely does an opportunity like this come along! Discover the potential of two commercial buildings, side by side and connected from the inside, offering over 3,300 square feet of space in the heart of Lockridge, Iowa. Steeped in history and full of character, these buildings feature two original bank vaults dating back to the early 1900s, along with a manual elevator that adds even more charm and uniqueness. The possibilities are endless, whether you're looking to establish a business, create a unique investment property, develop additional living or workspace, storage or bring your own vision to life. Additional features include: overhead garage door, more than 0.3 acres with green space, second level offering additional space to renovate and customize, two connected commercial buildings with incredible flexibility and historic architectural features and tons of character.

100 W Main St, Lockridge

Listing courtesy of Cottage Realty.

$59,500
1 Beds ⋅ 1 Baths ⋅ 6337887 MLS
This home boast anew roof, Kitchen Bath & flooring . Would make a great investment property or affordable first time home. Close to JBS. Gravel drive off of alley. Sellers is still finishing some small items/ cleanup Listing agent is related to the sellers

116 S Cherry St, Ottumwa

Listing courtesy of Team Real Estate.

$59,000
1 Beds ⋅ 1 Baths ⋅ 6342275 MLS
Affordable living with this updated 1 bedroom 1 bath home located in Drakesville just on the east end of the oval. Everything is located on one level with just over 700 sq ft. This property is agent owned.

101 W Main St, Drakesville

Listing courtesy of Lynch Realty Inc.

$59,000
6339708 MLS
This beautiful city lot offers a wonderful opportunity to build your dream home in a peaceful and scenic location. The property may be purchased on its own, or together with the adjacent lots at 1502 Wonder Way and 1504 Wonder Way. The owner is open to selling all three lots together, or considering offers on one or more lots individually. These desirable lots back up to the park and beach area at Waterworks Park, providing a lovely natural setting right in town. Enjoy quick access to the Jefferson County Loop Trail, nearby recreation, green space, and outdoor amenities. A fantastic building site with flexibility, convenience, and a truly appealing location!

1506 Wonder Way, Fairfield

Listing courtesy of Village Realty.

$59,000
6339650 MLS
This beautiful city lot offers a wonderful opportunity to build your dream home in a peaceful and scenic location. The property may be purchased on its own, or together with the adjacent lots at 1504 Wonder Way and 1506 Wonder Way. The owner is open to selling all three lots together, or considering offers on one or more lots individually. These desirable lots back up to the park and beach area at Waterworks Park, providing a lovely natural setting right in town. Enjoy quick access to the Jefferson County Loop Trail, nearby recreation, green space, and outdoor amenities. A fantastic building site with flexibility, convenience, and a truly appealing location!

1502 Wonder Way, Fairfield

Listing courtesy of Village Realty.

$59,000
2 Beds ⋅ 1 Baths ⋅ 6336785 MLS
2 bedroom 1 bath home with recent updates. Good location! This property is Agent owned.

617 N Washington St, Bloomfield

Listing courtesy of Lynch Realty Inc.

$56,000
1 Beds ⋅ 1 Baths ⋅ 6342371 MLS
Interior photos will be uploaded soon. Enjoy the peaceful feel of country living while still being conveniently located within the city limits! This 732 sq. ft. home offers 1 bedroom, 1 bath, and a 2-car garage, all situated on a nice corner lot along a quiet street. The setting provides a little extra privacy and a relaxed atmosphere while keeping you close to the conveniences of town. Whether you're looking for a comfortable home, investment property, or a low-maintenance place to call your own, this one is worth a look. One of the owners is a licensed real estate agent in the State of Iowa.

709 Prosser St, Ottumwa

Listing courtesy of Ottumwa Realty.

$55,000
2 Beds ⋅ 2 Baths ⋅ 6342164 MLS
Nice 2 bedroom home, close to school, shopping,good location great starter home call a Realtor to see it

331 N Ferry N, Ottumwa

Listing courtesy of Ottumwa Realty.

$55,000
2 Beds ⋅ 1 Baths ⋅ 6342163 MLS
Nice quiet area big lot Two bedroom, lots of room ready for you, take a look with a Realtor today

515 & 507 Summit, Ottumwa

Listing courtesy of Ottumwa Realty.

$55,000
3 Beds ⋅ 1 Baths ⋅ 6340919 MLS
Affordable homeownership or investment opportunity! This 3-bedroom, 1-bath home is priced to sell at just $55,000 and sits on a rare double lot, providing plenty of outdoor space for gardening, recreation, future improvements, or additional parking. The home offers a functional layout with comfortable living areas and is ready for its next owner to make it their own. Whether you're a first-time homebuyer, investor, or someone looking for an affordable property with extra yard space, this one is worth a look. Conveniently located. Don't miss this opportunity to own a property with extra land at an affordable price!

121 S Foster Ave, Ottumwa

Listing courtesy of Ottumwa Realty.

$55,000
6340749 MLS
**Huge Opportunity for you!** This trusted business, established in 1973, has been a landmark in Farmington for over 50 years. With the hope of keeping the tradition of this hometown sporting goods store in operation, the family is offering the store front AND all equipment, retail goods, and products currently in the store for one low price! The time has come for the Halbrook family to pass the store keys to another, and this is the moment to begin your own business complete with start-up merchandise. The building could even be separated into two entities, rent one and keep one, to make this even more lucrative for you. The possibilities are many here! Selling AS IS. Call your realtor to view this historic building in Farmington, Iowa soon!

108 Elm St, Farmington

Listing courtesy of Fraise Auction & Real Estate.

$55,000
6340421 MLS
11 lots! Unlimited possibilities. Build, invest, or create this property is ready for whatever you envision.

839 S Moore, Ottumwa

Listing courtesy of Bridge City Realty.

$55,000
6336249 MLS
Two lots located on a high-traffic highway with great visibility. Water and electric available on site. Excellent opportunity for commercial development or investment.

807 E Maple St, Centerville

Listing courtesy of Bogle Realty LLC.

$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.

$55,000
6328470 MLS
PRIME location just outside city limits on paved road. This lot offers a view of a beautifully maintained pond. Build your dream home and take in the 4-seasons with country views in all directions. 1.93 acres. Access to Fairfield rural water.

Gear Avenue, Fairfield

Listing courtesy of Miller Realty.

$55,000
6323649 MLS
Lovely 1.25 acre lot just off of N. B St. in beautiful Silver Lakes Subdivision. Convenient to campus, Pleasant Lake, the loop trail, and town! This prime building location offers privacy and beautiful views of timber to the east.

401 Pond Rd, Fairfield

Listing courtesy of Fairfield Real Estate.

$54,900
6322915 MLS
Have you ever thought about opening a bait shop close to Lake Wapello? What about a greenhouse/bait shop? The possibilities are endless with this property! This greenhouse was built in 2020 with heated concrete floors in the front entrance ready to be hooked up and utilized. The electrical wiring has been started and it is equipped with just about everything you would need to turn your gardening passion into a thriving business. This property could also be converted to a home if the buyer desires. Schedule your showing today!

211 W Main St, Drakesville

Listing courtesy of Bogle Realty LLC.

$50,000
6341123 MLS
Discover the perfect place to build your dream home or lake getaway on 0.34 acres in the Antler Acres subdivision at Rathbun Lake. Tucked away toward the end of a quiet cul-de-sac, this exceptional property offers the privacy you've been looking for, with Corps of Engineers land bordering the backyard—meaning you'll never have backyard neighbors. Instead, enjoy peaceful views of mature timber stretching to the water's edge. With ample space to build your home, this land is ideal for building a home with a walk-out basement. Add an upper deck and lower patio to enjoy the natural beauty and seclusion that make Rathbun Lake so special. Conveniently located just minutes from the lake's largest boat ramp, Honey Creek State Park, scenic hiking and biking trails, and local favorites like The Tipsy Turtle and The Mexican Affair. Spend the day golfing at The Preserve on Rathbun Lake or enjoy dining at Harbor 72 at Honey Creek Resort. Whether you're planning a full-time residence, vacation retreat, or investment property, this is an outstanding opportunity to own one of the area's most desirable building sites.

Lot 57 & 1/2 58 Buck Lane, Moravia

Listing courtesy of Iowa Realty South Lakes.

$49,900
2 Beds ⋅ 1 Baths ⋅ 6339356 MLS
Charming 2-bedroom, 1-bath home situated on a desirable corner lot! This property offers a large backyard with plenty of room for outdoor entertaining, gardening, pets, or future improvements. The corner lot provides added privacy and extra outdoor space, while the home's inviting interior makes it perfect for first-time buyers, downsizers, or investors. Conveniently located and full of potential, this property is ready for its next owner to make it their own.

402 N Weller, Ottumwa

Listing courtesy of Bridge City Realty.

$49,900
6338372 MLS
Don't miss out on this beautiful 1.87 acre m/l lot to build your dream home in the desirable Country View Addition just north of Centerville! Situated along paved 205th Street and just north of the golf course, this gently sloping property offers an excellent setting for a custom home with scenic countryside views. Utilities are ready to go with electricity and rural water available at the road, making development convenient and cost-effective. Enjoy the peaceful rural atmosphere while still being just minutes from town amenities, shopping, schools, and recreation. Whether you are looking to build now or invest for the future, this prime acreage offers the perfect combination of location, accessibility, and natural beauty. Additional 1.99 ac adjoining lot available.

19542 205th Ave, Centerville

Listing courtesy of Iowa Realty South Lakes.

$49,900
6338371 MLS
Beautiful 1.99-acre sloping lot located on paved 205th Street in Country View Addition, just north of Centerville, Iowa. Ideally positioned just north of the golf course, this attractive property offers a peaceful country feel with convenient access to town amenities. Electricity and water are available at the road, making it an excellent opportunity for a custom build in a desirable location. The gently rolling terrain adds character and scenic appeal, creating a great backdrop for your dream home. Additional adjoining lot 1.87 acre available.

19590 205th Ave, Centerville

Listing courtesy of Iowa Realty South Lakes.

$49,900
6337248 MLS
Build your dream home or invest in the future with this unique opportunity in Albia, IA! This property features two spacious parcels in Monroe County totaling approximately 0.713 M/L acres, offering plenty of room to spread out and create your ideal setting. Enjoy the best of both worlds—peaceful, country-like surroundings while still being conveniently located within city limits on the north side of town, just minutes from downtown Albia. If building a home, the buyer is responsible for building a driveway/road (gravel or paved), and the city will maintain. Utilities, including water, are available at the street, making this an excellent option for your next build. Please note, there is no 911 address currently assigned. Property is subject to a First Right of Refusal. Don’t miss your chance to secure this versatile piece of ground in a great location!

N F Street, Albia

Listing courtesy of Real McCoy Realty LLC.

$49,500
2 Beds ⋅ 1 Baths ⋅ 6338517 MLS
Affordable and efficient! This all-electric, two-bedroom home on Ottumwa’s south side offers highly economical living in a prime location near John Deere and the YMCA. The property features excellent accessibility, boasting a large wrap-around front porch with ramp access and an oversized bathroom with a roll-in shower stall. Inside, you'll find a comfortable eat-in kitchen and a cozy living room. Additional highlights include low-maintenance vinyl siding, a fully fenced yard, and convenient alley access. Please note: There is no central A/C; the home is easily cooled with window units. Don't miss this fantastic opportunity to own a budget-friendly home!

317 N Weller St, Ottumwa

Listing courtesy of Jeff Hagel Real Estate.