214 N Washington Street Ottumwa, IA $ 197,500
214 N Washington Street
$ 197,500
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214 N Washington Street

Ottumwa, IA, 52501
$ 197,500
Baths0.0 Sq 4,068

Monthly Estimate*

$ 1,216

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Studio

Multi-Family Home for sale in Ottumwa, IA

for $197,500. This 4,068 square foot home was built in 1925 on a lot size of 0.14.

Hello...If you are currently an owner of rental properties and would like to expand your offerings; or someone who would like to become an investor, I encourage you to come and take a tour of this outstanding rental property. This has six one-bedroom apartments. All of the apartments are furnished, the kitchens are complete and ready to be used, and the bedrooms are larger than most similar rental properties. Each unit has a full bathroom and one of the apartments could easily be converted to a 2-bedroom unit. You will be amazed at the impeccable condition of every one of the apartments. Call your agent today.

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Multi-Family Active

Price

$ 197,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,388

Style

Lot Size

0.14

Year Built

1925

Town/City

Ottumwa

County/Region

Wapello

MLS | Web ID

6336723

Features
General
Sewer City Sewer/Connected
Heating Hot Water Boiler
Garage Spaces 2
Construction Materials Wood Siding
Year Built 1925
Stories Count 2
Property Subtype Apartment
Tax Year 2026
Gross Income 41000
Accessibility None
County Wapello
Operating Expense 7594
Property Type Residential Income
Contingency None
MaintenanceExpense 485
Status Active
Directions From 4th Street turn North on Washington The subject property is the first building on the right side of the street directly across from the Downtown Fitness Center.
Association Name SEIA
Number Of Units Total 6
Lot Size Units Acres
Lot Size Square Feet 6098.4
Tax Annual Amount 2388
Electric Expense 1180.61
Fuel Expense 3670
Trash Expense 0
Water Sewer Expense 773.75
Living Area Units Square Feet
Standard Status Active
Legal Description OTTUMWA ORIGINAL NE 99' LOT 96 BLK 4 (214 N Washington)
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Interior
Basement Partial Unfinished
Total Fireplaces 0
Fireplace Y/N N
Total Baths 0
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Exterior
Water Source Public
Lot Dimensions 48x130
Lot Size Acres 0.14
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* Excluded Features
List By
Anthony Duprey

Listing Agent

Re/Max Pride Ottumwa

Broker

641-683-3777

Contact

Affordability Calculator

$1,415
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,216
Monthly Property Taxes
$199
Monthly 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
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$197,500 Listed Price

Map


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214 N Washington Street, Ottumwa, IA, 52501 is a Multi-Family Home for sale at $197,500 with 4,068 sqft and a lot size of 0.14. 214 N Washington Street is a studio with 0.0 baths and was built in 1925. The property's zip code is 52501 which is in Ottumwa, IA