# 229 E 2Nd Street, Ottumwa, IA 52501

> **TL;DR:** single family, $75,000, built 1920. Est. $325/mo. Listed 147 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $75,000 |
| Year Built | 1920 |
| Lot Size | 13,068 sqft (0.30 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 147 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $325 |
| **Total** | **$325** |

## 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
- **Phone:** 6417772150
- **Email:** derek@ottumwarealty.com

## Primary Photo

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

*34 total photos available on [listing page](https://www.propertysimple.com/listing/229-e-2nd-street-ottumwa-ia-52501-6333725)*

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**MLS#:** 6333725 | **Updated:** 2026-04-24
**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://www.propertysimple.com/listing/229-e-2nd-street-ottumwa-ia-52501-6333725)

---

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