147 N Ward Street Ottumwa, IA ^$ 140,000

147 N Ward Street

^$ 140,000

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Recently Listed

147 N Ward Street

Ottumwa, IA, 52501

^$ 140,000

Studio Baths0.0 Sq 1,482

Monthly Estimate*

^$ 862

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Studio

Multi-Family Home for sale in Ottumwa, IA

for $140,000. This 1,482 square foot home was built in 1920 on a lot size of 0.1.

Move-in-ready 3-Plex. Units remodeled and new electric and plumbing in the building. Ideal for investors looking for steady income. Separate electric meters allowing each tenant to pay their own electric bill. Each unit has 1 bedroom and 1 bath with living room and kitchen. Located near downtown and shopping, this property offers a healthy rental income stream. Make an appointment to see this doon!

Multi-Family Active

Price

^$ 140,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 770

Style

Lot Size

0.1

Year Built

1920

Town/City

Ottumwa

County/Region

Wapello

MLS | Web ID

6335500

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Garage Spaces 0

Construction Materials Wood Siding Vinyl Siding

Year Built 1920

Property Subtype Triplex

Tax Year 2024

Gross Income 1800

Accessibility None

County Wapello

Operating Expense 0

Property Type Residential Income

Contingency None

MaintenanceExpense 0

Subdivision Name R S SMITHS 3RD ADD

Status Active

Directions Turn south off Church Street onto N. Ward St. Travel 2 blocks house is on the right hand side.

Association Name SEIA

Number Of Units Total 3

Lot Size Units Acres

Lot Size Square Feet 4356

Tax Annual Amount 770

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Living Area Units Square Feet

Standard Status Active

Legal Description R S SMITH'S 3RD ADD N 1/2 LOT 14 BLK 10 (147 N WARD)

Interior

Basement Unfinished

Total Fireplaces 0

Fireplace Y/N N

Total Baths 0

Exterior

Water Source Public

Lot Dimensions 33X132

Lot Size Acres 0.1

* Excluded Features

List By

Lonnie Lunsford

Listing Agent

Team Real Estate

Broker

lonnie@teamottumwa.com

Affordability Calculator

$926

Per Month

Monthly Principal & Interest: $862
Monthly Property Taxes: $64
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Ottumwa, IA

Average List Price ^$213,750

Percent of Sale Price 53%

About Ottumwa, IA

24,695 Population

-2% Since 2002

^$38,797 Median Income

38.59 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/11/2026	$140,000		Listed Price

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147 N Ward Street, Ottumwa, IA, 52501 is a Multi-Family Home for sale at $140,000 with 1,482 sqft and a lot size of 0.1. 147 N Ward Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 52501 which is in Ottumwa, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 2/20/2026.

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147 N Ward Street

Multi-Family Home for sale in Ottumwa, IA

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