328 E Main Street Ottumwa, IA $ 415,000
328 E Main Street
$ 415,000
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328 E Main Street

Ottumwa, IA, 52501
$ 415,000
Bedrooms2 Baths1.0 Sq 3,502

Monthly Estimate*

$ 2,555

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Single Family Home for sale in Ottumwa, IA

for $415,000 with 2 bedrooms and 1 full bath. This 3,502 square foot home was built in 1880 on a lot size of 0.155.

2 Building Bundle! Charming Two-Story Brick Building in Downtown Ottumwa! This versatile property features an income-ready retail space and a bar/eatery layout on the first floor, ideal for a low-risk cafe or breakfast spot (no open flame required for lower overhead!). The second floor boasts a ready-to-rent or live in two-bedroom, one-bathroom apartment, with potential monthly rental income of $2,500. There's also an opportunity to add a rear deck for even more appeal! These buildings are being sold as a package with the adjacent vacant three-story brick building at 314 E Main, offering endless possibilities. Imagine a two-level penthouse apartment with an open concept for the ultimate downtown living experience! The first floor can be transformed into a retail shop, such as a pet store, a gift shop, children's bookstore, or even a small office space. Design proposal in the disclosures. Don't miss out on this unique opportunity to own a piece of downtown Ottumwa with endless potential! Call to Schedule your showing today

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Single Family Active

Price

$ 415,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 4,838

Style

Apartment Style

Lot Size

0.155

Year Built

1880

Town/City

Ottumwa

County/Region

Wapello

MLS | Web ID

6336940

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Garage Spaces 0
Architectural Style Apartment Style
Construction Materials Brick
Year Built 1880
Property Subtype Single Family Residence
Tax Year 2024
Accessibility None
County Wapello
Property Type Residential
Contingency None
Full Baths 1
Status Active
Directions North Jefferson Street to E Main Street
Association Name SEIA
Lot Size Units Acres
Lot Size Square Feet 6752
Tax Annual Amount 4838
Living Area Units Square Feet
Standard Status Active
Legal Description OTTUMWA ORIGINAL-MID OTTUMWA ORIGINAL-MID 22'LOT 341 BLK 30 22' LOT 341 BLK 30 AKA-NW 22'OF SE 44' AKA-NW 22'OF SE 44' LOT 341 BLK 30 (328 LOT 341 BLK 30. OTTUMWA ORIGINAL NW 22'LOT 339 BLK 30
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Interior
Basement Full
Total Fireplaces 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 2
Total Baths 1
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Exterior
Parking Features Outside
Water Source Public
Lot Dimensions 22X149 22X149
Lot Size Acres 0.155
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* Excluded Features
List By
Trisha Rea

Listing Agent

Bridge City Realty

Broker

trisha@bridgecityrealty.com

Email

Affordability Calculator

$2,958
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,555
Monthly Property Taxes
$403
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
4/3/2026$415,000 Listed Price

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328 E Main Street, Ottumwa, IA, 52501 is a Single Family Home for sale at $415,000 with 3,502 sqft and a lot size of 0.155. 328 E Main Street has 2 bedrooms, 1.0 baths, and was built in 1880. The property's zip code is 52501 which is in Ottumwa, IA