This is a great opportunity to own one of downtown Ottumwa's nicest buildings. With a recent full restoration this property offers a large open commercial main level. It includes large storefront windows for advertising, exposed brick walls throughout, refinished hardwood floors, new kitchenette area, men's and women's restrooms. It has a traditional meets modern look that is sure to enhance any business. For additional income, there are three remodeled apartments upstairs. One 2 bed 1 bath, and Two 1 bed 1 bath. Most recent rents are $1224, $949, and $1205 - utilities are on the tenants. This property cash flows well, and financials are available to pre-qualified buyers or those with proof of funds and that sign a non-disclosure. Call for more information or to schedule your showing.
Active
$580,000
325 E Main St, Ottumwa, IA 52501
--beds
0baths
3,500sqft
Multi Family
Built in 1900
-- sqft lot
$538,700 Zestimate®
$166/sqft
$-- HOA
What's special
Refinished hardwood floorsNew kitchenette areaExposed brick walls throughoutThree remodeled apartments upstairsTraditional meets modern look
- 1 day
- 58
- 1
Zillow last checked:
Listing updated:
Listed by:
Jason J Carter 515-708-0615,
RE/MAX Pride Oskaloosa
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6342308
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total interior livable area: 3,500 sqft
Property
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 3,920 Square Feet
- Dimensions: 28 x 132
Details
- Parcel number: 007411240120000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: OTTUMWA ORIG
HOA
- Has HOA: No
Location
- Region: Ottumwa
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $332,660
- Annual tax amount: $8,340
- Date on market: 9/3/2026
- Cumulative days on market: 2 days
Estimated market value
$538,700
$512,000 - $566,000
$1,751/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $580,000+0.9%$166/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6342308 Report a problem | ||
| 4/2/2025 | Sold | $575,000+2926.3%$164/sqft |
Source: Public Record Report a problem | ||
| 3/13/2015 | Sold | $19,000$5/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,536 +7.3% | $310,160 +24.4% |
| 2024 | $6,090 +27.1% | $249,230 +3.1% |
| 2023 | $4,790 -15.7% | $241,730 +28.9% |
| 2022 | $5,680 +3% | $187,560 -6.5% |
| 2021 | $5,514 -2% | $200,668 +12.2% |
| 2020 | $5,628 +324.4% | $178,920 +4.4% |
| 2019 | $1,326 +47.7% | $171,420 +550.3% |
| 2018 | $898 +18.8% | $26,360 -23.6% |
| 2017 | $756 -12.3% | $34,508 |
| 2016 | $862 -29.6% | $34,508 +14% |
| 2015 | $1,224 | $30,271 |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 52501
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