# 229 E 2Nd Street, Ottumwa, IA 52501

> **TL;DR:** commercial, $55,000, built 1920. Est. $294/mo. Listed 350 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $55,000 |
| Year Built | 1920 |
| Lot Size | 13,068 sqft (0.30 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 350 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $278 |
| Estimated Insurance | $16 |
| **Total** | **$294** |

## Property Highlights

- Built in 1920
- 0.30 acre lot

## Description

### Agent Description
Seller Financing is available! Endless potential in the heart of Ottumwa's historic downtown! Once home to the original YMCA, this massive brick building sits prominently on a corner lot with excellent visibility and access. The structure offers an incredible amount of space and a layout that opens the door to a wide variety of redevelopment possibilities-commercial, mixed-use, community space, creative workspace, or investor renovation project. This is a foreclosure and does need significant TLC, but the size, location, and history make it an opportunity rarely found at this price point. Seller financing is available with a strong down payment, giving buyers flexibility to bring their vision to life. If you're looking for a high-potential project in downtown Ottumwa, this property is ready for your ideas. Schedule a showing and explore what this building could become!

## Location

- **Address:** 229 E 2Nd Street, Ottumwa, IA 52501
- **County:** Wapello
- **Neighborhood:** OTTUMWA ORIG
- **Coordinates:** 41.017253, -92.409453
- **Google Maps:** https://www.google.com/maps?q=41.017253,-92.409453

## Listing Agent

- **Name:** Derek Gates
- **Brokerage:** Ottumwa Realty
- **Broker Phone:** 641-683-7653

## Photos

![229 E 2Nd Street - Photo 1](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f1939223221r.jpg)

![229 E 2Nd Street - Photo 2](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f937053309r.jpg)

![229 E 2Nd Street - Photo 3](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f2787922751r.jpg)

![229 E 2Nd Street - Photo 4](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f3157572056r.jpg)

![229 E 2Nd Street - Photo 5](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f3938373052r.jpg)

![229 E 2Nd Street - Photo 6](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f1128208260r.jpg)

![229 E 2Nd Street - Photo 7](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f1652691331r.jpg)

![229 E 2Nd Street - Photo 8](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f1582671043r.jpg)

![229 E 2Nd Street - Photo 9](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f3780792776r.jpg)

![229 E 2Nd Street - Photo 10](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f4158356379r.jpg)

![229 E 2Nd Street - Photo 11](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f1033915696r.jpg)

![229 E 2Nd Street - Photo 12](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f169007693r.jpg)

![229 E 2Nd Street - Photo 13](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f1709558057r.jpg)

![229 E 2Nd Street - Photo 14](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f1092879302r.jpg)

![229 E 2Nd Street - Photo 15](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f4258694460r.jpg)

![229 E 2Nd Street - Photo 16](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f2207418873r.jpg)

![229 E 2Nd Street - Photo 17](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f781039992r.jpg)

![229 E 2Nd Street - Photo 18](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f2006450751r.jpg)

![229 E 2Nd Street - Photo 19](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f788852256r.jpg)

![229 E 2Nd Street - Photo 20](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f3160871020r.jpg)

![229 E 2Nd Street - Photo 21](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f2047314564r.jpg)

![229 E 2Nd Street - Photo 22](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f3203136046r.jpg)

![229 E 2Nd Street - Photo 23](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f967910730r.jpg)

![229 E 2Nd Street - Photo 24](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f1611028641r.jpg)

![229 E 2Nd Street - Photo 25](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f564911710r.jpg)

![229 E 2Nd Street - Photo 26](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f2757791629r.jpg)

![229 E 2Nd Street - Photo 27](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f3260506416r.jpg)

![229 E 2Nd Street - Photo 28](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f3166281097r.jpg)

![229 E 2Nd Street - Photo 29](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f901595410r.jpg)

![229 E 2Nd Street - Photo 30](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f1407425805r.jpg)

![229 E 2Nd Street - Photo 31](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f2959226848r.jpg)

![229 E 2Nd Street - Photo 32](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f1356350363r.jpg)

![229 E 2Nd Street - Photo 33](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f446189312r.jpg)

![229 E 2Nd Street - Photo 34](http://lh.rdcpix.com/86fef29eddc50d2c48a429af2eeca6a9l-f1152299365r.jpg)

---

**MLS#:** 6333725 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/229-e-2nd-street-ottumwa-ia-52501-5155383f825c4644b2f010e5fde83bc0)

---

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