c.1900 Cozy Iowa Home With Original Elements and 1.34 Acre $55K

OHU50K Notes $55,000

c.1900 Cozy Iowa Home With Original Elements and 1.34 Acre. This home has nice detail, but could use a bit of work. There is a detached 2 car garage and has plenty of outdoor space to start a garden or get some chickens.

Lawn featured at 824 S Adella St, Ottumwa, IA, 52501

Realtor Comments

Looking for your next investment opportunity or a chance to build sweat equity? Situated on 1.34 acres across 2 lots this 2 bedroom 1 bathroom offers main-floor living. Outside you’ll find a 2 car detached garage and plenty of room for gardening, recreation, and future development. Weather your a seasoned house flipper, an investor, or a first time homeowner willing to roll up your sleeves; this property offers affordable opportunity to create something special. This home is being sold AS-IS with all contents in the house to remain with the property for the new home owner to clean out.

2 bed
1 bath
Build date 1900

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

824 S Adella St, Ottumwa, IA 52501 $55,000

Contact Realtor: Brenna Baker
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Pros

Affordable housing: Home prices are generally well below the national average, making it one of the more affordable small cities in the Midwest.
Regional amenities: Compared to many towns of similar size, Ottumwa has a wider selection of stores, restaurants, healthcare providers, and services.
Employment opportunities: The local economy includes manufacturing, healthcare, education, retail, logistics, and government. Major employers include JBS USA and Indian Hills Community College.
Outdoor recreation: Residents enjoy parks, trails, fishing, and boating along the Des Moines River. Nearby Wapello County Trails and local parks provide opportunities for walking and cycling.
Lower traffic: Most destinations are within a 10–15 minute drive.
Healthcare: The city has a regional hospital and a broader range of medical services than many nearby communities.
Central location: It’s within driving distance of Des Moines, Iowa City, and Cedar Rapids for additional shopping, entertainment, and specialized healthcare.

Cons

Limited nightlife: Entertainment options are modest compared with larger cities, and many residents travel elsewhere for concerts, professional sports, or a wider restaurant scene.
Economic challenges: Like many Midwestern manufacturing cities, Ottumwa has experienced periods of industrial decline and population loss, although manufacturing remains an important employer.
Winter weather: Cold temperatures, snow, and ice are common during the winter months.
Car-dependent: Public transportation exists but is limited, so most households rely on personal vehicles.
Income levels: Average wages are generally lower than the national average, although this is partly offset by the lower cost of living.
Fewer specialized job opportunities: Careers in certain industries—such as technology, finance, or advanced research—may require remote work or relocation.