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424 N Court Street, Ottumwa, IA 52501

Ottumwa
Local realty services provided by:CENTURY 21 Property Professionals
424 N Court Street,Ottumwa, IA 52501
$64,900
  • 11 Beds
  • 8 Baths
  • 5,301 sq. ft.
  • Single family
  • Active
Listed by: sarah johnson
Office: bridge city realty
MLS#:6342916
Source:IA_HIMLS

Price summary

  • Price:$64,900
  • Price per sq. ft.:$12.24

About this home

Fantastic investment opportunity with strong rental income and major updates already completed. This 8-plex offers a mix of units - six 1-bedroom apartments one 2-bedroom, and one 3-bedroom providing steady cash flow from day one. The building needs some TLC, but the upside is tremendous for anyone looking to add value and increase returns. Major mechanical updates have already been handled, including a new 2025 steam boiler, updated electrical, and updated plumbing, giving you a solid foundation to build on. With cosmetic improvements and strategic upgrades, this property has the potential to become a high-performing asset in your portfolio. Endless possibilities for the savvy investor ready to capitalize on a multi-unit building with proven income and room to grow.

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Home facts

  • Year built:1900
  • Subdivision & Development:FERREE & MUIRS ADD
  • Listing ID #:6342916
  • Added:1 day(s) ago
  • Updated:September 23, 2026 at 03:53 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:8
  • Full bathrooms:8
  • Basement:Yes
  • Living area:5,301 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:5,301 sq. ft.
  • Lot area:0.26 Acres

Finances and disclosures

  • Price:$64,900
  • Price per sq. ft.:$12.24
  • Tax amount:$2,960 (2024)

Parking

  • Garage:Yes
  • Garage spaces:2

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