fiveplex with Endless Potential – Priced to Sell! This quadplex is the perfect opportunity for ambitious renovators or savvy investors looking to maximize returns. Featuring one efficiency apartment and four spacious one-bedroom apartments, this property offers versatility and potential for a steady income stream once restored to its full glory. Property is sold "as-is." Bring your creativity and make this diamond in the rough shine. Don't miss out on this rare find at such an unbeatable price!
Sold
$25,000
632 E 2nd St, Ottumwa, IA 52501
4beds
3,030sqft
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$8/sqft
$1,343 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,343/mo
Zestimate® history
Owner options
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$1,343/mo
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$1,343/mo
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$140/mo
Est. payment
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$140/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Heather Jorgensen 641-954-0515,
RE/MAX Pride Ottumwa
Bought with:
Outside Agent-SEIA Outside Agent-SEIA, ***
Outside Office
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6326203
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Boiler
Cooling
- None
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 3,030 sqft
Property
Parking
- Parking features: Other Surface
Accessibility
- Accessibility features: None
Lot
- Size: 9,583 Square Feet
- Dimensions: 74 x 132
Details
- Parcel number: 007410700009000
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick
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: $8/sqft
- Tax assessed value: $49,150
- Annual tax amount: $822
- Date on market: 4/29/2025
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | $25,000-16.4%$8/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6326203 Report a problem | ||
| 4/29/2025 | Pending sale | $29,900$10/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6326203 Report a problem | ||
| 4/2/2025 | Listed for sale | $29,900$10/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6326203 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $866 +5.4% | $49,150 +23.2% |
| 2024 | $822 -12.4% | $39,910 |
| 2023 | $938 -10.5% | $39,910 +1.6% |
| 2022 | $1,048 +4.4% | $39,270 +4.7% |
| 2021 | $1,004 -8.6% | $37,490 +13.6% |
| 2020 | $1,098 -3.9% | $33,000 |
| 2019 | $1,142 -24% | $33,000 |
| 2018 | $1,502 +26.2% | $33,000 -17.3% |
| 2017 | $1,190 -23% | $39,903 |
| 2016 | $1,546 -4.1% | $39,903 |
| 2015 | $1,612 | $39,903 |
| 2014 | $1,612 -14.8% | $39,903 |
| 2013 | $1,892 -0.6% | -- |
| 2012 | $1,904 -0.8% | -- |
| 2011 | $1,920 -1.6% | -- |
| 2010 | $1,952 +4.1% | -- |
| 2009 | $1,876 +0.2% | -- |
| 2008 | $1,872 +38.1% | -- |
| 2007 | $1,356 | -- |
Find assessor info on the county website
Neighborhood: 52501
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Nearby schools
GreatSchools rating
- 1/10Wilson Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10Evans Junior High SchoolGrades: 8-9Distance: 1.7 mi
- 5/10Ottumwa High SchoolGrades: 10-12Distance: 0.1 mi
- Iowa
- Wapello County
- Ottumwa
- 52501
- 632 E 2nd St
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