Sold

$215,000

417 E 2nd St, Ottumwa, IA 52501

--beds

0baths

4,408sqft

Quadruplex

Built in 1900

-- sqft lot

$202,700 Zestimate^®

$49/sqft

$851 Estimated rent

Home value

$202,700

$170,000 - $233,000

$851/mo

Zestimate^® history

Owner options

List your home for rent

$851/mo

Rent Zestimate^®

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$851/mo

Rent Zestimate^®

Refinance and save

$1,542/mo

Est. payment

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$1,542/mo

Est. payment

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What's special

Welcome to an incredible investment opportunity, nestled right in the heart of Ottumwa! Its prime location puts you close to everything you need; just minutes away from downtown attractions, popular restaurants, convenient laundry mats, JBS, OHS, and HWY 34. This impressive fourplex is generating a cash flow of $2,600 per month. Its occupancy rate is excellent! But that's not all - the potential for even greater returns starts right here, with you. Contact your favorite agent for additional info.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Forced Air

Features

Basement: Full
Has fireplace: No

Interior area

Total interior livable area: 4,408 sqft

Property

Accessibility

Accessibility features: None

Features

Stories: 2

Lot

Size: 0.28 Acres
Dimensions: 62 x 198

Details

Parcel number: 007411240218000

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Vinyl Siding
Roof: Metal

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No
HOA name: SEIA

Location

Region: Ottumwa

Financial & listing details

Price per square foot: $49/sqft
Tax assessed value: $115,150
Annual tax amount: $2,172
Date on market: 4/29/2025
Cumulative days on market: 165 days

Price history

Date	Event	Price
2/16/2024	Sold	$215,000-13.7%$49/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309911 Report a problem
2/2/2024	Pending sale	$249,000$56/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309911 Report a problem
1/6/2024	Contingent	$249,000$56/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309911 Report a problem
7/24/2023	Listed for sale	$249,000+183%$56/sqft
Source: NoCoast MLS as distributed by MLS GRID #6309911 Report a problem
10/1/2009	Sold	$88,000$20/sqft
Source: NoCoast MLS as distributed by MLS GRID #5429110 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,006 +5.4%	$115,150 +24.5%
2024	$1,904 -12.3%	$92,520
2023	$2,172 +37.6%	$92,520 +1.7%
2022	$1,578 +6.6%	$90,940 +61.1%
2021	$1,480 -8.5%	$56,460 +16.1%
2020	$1,618 -3.9%	$48,650
2019	$1,684 -22.2%	$48,650
2018	$2,164 +23.2%	$48,650 -15.3%
2017	$1,756 -21.1%	$57,439
2016	$2,226 -4.1%	$57,439
2015	$2,322	$57,439
2014	$2,322	$57,439