524 N Wapello Street Ottumwa, IA ^$ 160,000

524 N Wapello Street

^$ 160,000

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Recently Listed

524 N Wapello Street

Ottumwa, IA, 52501

^$ 160,000

Bedrooms-- Baths0.0 Sq 1,824

Monthly Estimate*

^$ 1,105

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524 N Wapello Street, Ottumwa, IA 52501 - Image 5

524 N Wapello Street, Ottumwa, IA 52501 - Image 6

524 N Wapello Street, Ottumwa, IA 52501 - Image 7

524 N Wapello Street, Ottumwa, IA 52501 - Image 8

524 N Wapello Street, Ottumwa, IA 52501 - Image 9

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524 N Wapello Street, Ottumwa, IA 52501 - Image 12

Multi-Family Home for sale in Ottumwa, IA

for $160,000. This 1,824 square foot home was built in 1890 on a lot size of 0.16.

4-Plex Investment Opportunity: This 4-plex is a prime opportunity for investors or owner-occupants looking for a low-maintenance, high-yield property. Each unit has been updated with new furnaces, hot water heaters, fuse boxes, modern appliances, (including in-unit washer & dryers). Newer paint & carpet, durable vinyl flooring, & remodeled bathrooms Separate utility meters allowing for tenants to pay their own utilities. This property offers strong rental potential whether you're expanding your portfolio or seeking a first investment

Multi-Family Active

Price

^$ 160,000

Property Type

Multi-Family

Taxes

^$ 1,636

Style

Lot Size

0.16

Year Built

1890

Town/City

Ottumwa

County/Region

Wapello

MLS | Web ID

6344379

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Garage Spaces 0

Construction Materials Brick

Year Built 1890

Stories Count 2

Property Subtype Quadruplex

Tax Year 2024

Gross Income 3000

Accessibility None

County Wapello

Operating Expense 5736

Property Type Residential Income

Contingency None

MaintenanceExpense 0

Status Active

Directions From Fairfield: Head west on HWY 34 towards Ottumwa - Take exit 35 toward Pennsylvania Ave - Turn left onto 100th St - Turn left onto N Court St - Turn right onto Albany St - Turn left onto N Wapello

Number Of Units Total 4

Lot Size Units Acres

Lot Size Square Feet 6969.6

Tax Annual Amount 1636

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Living Area Units Square Feet

Standard Status Active

Legal Description CURTS SUB OF GILMORE LOT 14(524 N WAPELLO UNITS 1-5)

Interior

Basement Full

Total Fireplaces 0

Fireplace Y/N N

Total Baths 0

Exterior

Water Source Public

Lot Dimensions 54X130

Lot Size Acres 0.16

* Excluded Features

List By

Amber Lyons

Listing Agent

Fairfield Real Estate

Broker

641-472-2353

Contact

Affordability Calculator

$1,241

Per Month

Monthly Principal & Interest: $1,105
Monthly Property Taxes: $136
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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 ^$219,250

Percent of Sale Price 37%

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
11/6/2026	$160,000		Listed Price

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524 N Wapello Street, Ottumwa, IA, 52501 is a Multi-Family Home for sale at $160,000 with 1,824 sqft and a lot size of 0.16. 524 N Wapello Street has 0.0 baths and was built in 1890. 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 7.375% 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 11/7/2026.

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524 N Wapello Street

Multi-Family Home for sale in Ottumwa, IA

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