Real Estate Investment Properties for Sale in Ottumwa, IA

Looking for investment property in Ottumwa, IA with high ROI ?

Explore a variety of short-term homes & houses in Ottumwa, IA. Invest wisely with VRBO & Ottumwa, IA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Ottumwa, IA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
821 E Highland Avenue Ottumwa, IA Beautiful 4-bedroom, 2.5-bath home situated on just over 3/4 of an acre, offering the perf...	4 beds \| 3 baths \| 1,735 sq.ft.	$274,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.09% Airbnb Rental Income: $null Traditional Rental Income: $2789 Airbnb ROI: N/A Traditional ROI: 8.09%
106 N Iowa Avenue Ottumwa, IA This beautifully maintained 2-bedroom, 1-bath home offers a cozy retreat with thoughtful u...	2 beds \| 1 baths \| 849 sq.ft.	$109,500	Airbnb cash on cash: 8.85% Traditional cash on cash: 11.04% Airbnb Rental Income: $1761 Traditional Rental Income: $1511 Airbnb ROI: 8.85% Traditional ROI: 11.04%
2 Birchwood Heights Dr. Ottumwa, IA Extraordinary home, previously featured with an 8 page article in The Iowan Magazine....an...	4 beds \| 3 baths \| 6,448 sq.ft.	$389,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.13% Airbnb Rental Income: $null Traditional Rental Income: $3358 Airbnb ROI: N/A Traditional ROI: 6.13%
3 Sawgrass Trail Ottumwa, IA This spacious 5-bedroom, 3-bathroom home offers thoughtful upgrades, abundant living space...	4 beds \| 3 baths \| 3,139 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $3244 Airbnb ROI: N/A Traditional ROI: 5.53%
1975 Greenwood Drive Ottumwa, IA This well-maintained three-bedroom home offers over 1,600 square feet of comfortable one-l...	3 beds \| 3 baths \| 1,632 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $1910 Airbnb ROI: N/A Traditional ROI: 6.38%
1621 N Elm Street Ottumwa, IA Priced well below assessed value. Luxuriously renovated mid-century modern home, open floo...	3 beds \| 4 baths \| 2,386 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $2617 Airbnb ROI: N/A Traditional ROI: 4.13%
3637 150Th Avenue Ottumwa, IA Scenic 4-Bedroom Ranch on 4.5 Acres with Attached 2-Car Garage Located in a highly desi...	4 beds \| 2 baths \| 1,682 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $1943 Airbnb ROI: N/A Traditional ROI: 4.06%
1018 W Mary Street Ottumwa, IA Welcome to your dream home! This beautifully updated property offers 3 bedrooms and 3 bath...	3 beds \| 3 baths \| 1,044 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.71% Airbnb Rental Income: $null Traditional Rental Income: $1838 Airbnb ROI: N/A Traditional ROI: 9.71%
322 S Davis Street Ottumwa, IA Nice well kept home waiting for you to make it your own. This 2 bedroom home on Ottumwa's ...	2 beds \| 1 baths \| 816 sq.ft.	$130,000	Airbnb cash on cash: 7.88% Traditional cash on cash: 10.09% Airbnb Rental Income: $1761 Traditional Rental Income: $1556 Airbnb ROI: 7.88% Traditional ROI: 10.09%
1903 Mowrey Avenue Ottumwa, IA This home is move in ready. It's a 2 bedroom 1 bath with newer metal roof, basement that h...	2 beds \| 2 baths \| 640 sq.ft.	$109,500	Airbnb cash on cash: 8.73% Traditional cash on cash: 11.26% Airbnb Rental Income: $1761 Traditional Rental Income: $1547 Airbnb ROI: 8.73% Traditional ROI: 11.26%
9450 150Th Avenue Ottumwa, IA Donât miss this one-of-a-kind property offering endless possibilities just outside the O...	3 beds \| 2 baths \| 1,466 sq.ft.	$367,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $2260 Airbnb ROI: N/A Traditional ROI: 4.1%
1212 Hutchinson Avenue Ottumwa, IA This beautiful 5 bedroom 4 bathroom home has been totally remodeled inside and out. It ha...	5 beds \| 4 baths \| 2,120 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.77% Airbnb Rental Income: $null Traditional Rental Income: $3433 Airbnb ROI: N/A Traditional ROI: 10.77%
5 Birchwood Heights Dr. Ottumwa, IA Premier Ottumwa residential location with wooded view and supportive neighborhood resale v...	3 beds \| 4 baths \| 4,938 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.41% Airbnb Rental Income: $null Traditional Rental Income: $3505 Airbnb ROI: N/A Traditional ROI: 5.41%
627 Edwards Drive Ottumwa, IA Located on a quiet cul-de-sac in a highly desirable north Ottumwa neighborhood near Eisenh...	4 beds \| 3 baths \| 1,376 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.21% Airbnb Rental Income: $null Traditional Rental Income: $2414 Airbnb ROI: N/A Traditional ROI: 7.21%
74 Schwartz Drive Ottumwa, IA THE PERFECT FAMILY HOME... Updated 4 bedroom, 2 bath home located on a corner lot, in a co...	4 beds \| 2 baths \| 2,688 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.53% Airbnb Rental Income: $null Traditional Rental Income: $1443 Airbnb ROI: N/A Traditional ROI: 2.53%
615 N Court Street Ottumwa, IA Beautiful duplex in Ottumwaâs historic North Court District offering immediate cash flow...	N/A beds \| N/A baths \| 3,696 sq.ft.	$178,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.05% Airbnb Rental Income: $null Traditional Rental Income: $1507 Airbnb ROI: N/A Traditional ROI: 5.05%
15531 Bluegrass Road Ottumwa, IA Imagine 5 acres including plush green pasture located on a hard surface road only minutes ...	3 beds \| 1 baths \| 1,348 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.21% Airbnb Rental Income: $null Traditional Rental Income: $2003 Airbnb ROI: N/A Traditional ROI: 7.21%
12541 160Th Avenue Ottumwa, IA This charming 2-bedroom, 1-bathroom home in Ottumwa offers a cozy country living experienc...	2 beds \| 1 baths \| 1,200 sq.ft.	$215,000	Airbnb cash on cash: 3.47% Traditional cash on cash: 5.69% Airbnb Rental Income: $1761 Traditional Rental Income: $1731 Airbnb ROI: 3.47% Traditional ROI: 5.69%
101 W Alta Vista Avenue Ottumwa, IA Magnificent home, in one of Ottumwa's most sought after neighborhoods. Located directly ac...	3 beds \| 3 baths \| 2,871 sq.ft.	$227,700	Airbnb cash on cash: N/A Traditional cash on cash: 10.98% Airbnb Rental Income: $null Traditional Rental Income: $3283 Airbnb ROI: N/A Traditional ROI: 10.98%
622 E Alta Vista Avenue Ottumwa, IA Welcome to this spacious and beautifully maintained 3-bedroom, 1.5-bath, (due to split foy...	3 beds \| 2 baths \| 1,284 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.58% Airbnb Rental Income: $null Traditional Rental Income: $2662 Airbnb ROI: N/A Traditional ROI: 8.58%
519 S Madison Street Ottumwa, IA Cozy bungalow style 2-bedroom home with a fenced in yard. Detached 2-car garage offers lot...	2 beds \| 1 baths \| 800 sq.ft.	$100,000	Airbnb cash on cash: 9.8% Traditional cash on cash: 11.9% Airbnb Rental Income: $1761 Traditional Rental Income: $1482 Airbnb ROI: 9.8% Traditional ROI: 11.9%
508 Shaul Avenue Ottumwa, IA Welcome to this cozy 5-bedroom, 2-bathroom gem nestled on almost an acre of land! With 1,4...	5 beds \| 2 baths \| 1,408 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.09% Airbnb Rental Income: $null Traditional Rental Income: $2265 Airbnb ROI: N/A Traditional ROI: 8.09%
1007 S James Street Ottumwa, IA Stylish & Fully Updated Home with XL Garage + Tons of Parking! This move-in-ready gem is ...	2 beds \| 1 baths \| 900 sq.ft.	$135,000	Airbnb cash on cash: 7.27% Traditional cash on cash: 8.44% Airbnb Rental Income: $1761 Traditional Rental Income: $1431 Airbnb ROI: 7.27% Traditional ROI: 8.44%
117 S Milner Ottumwa, IA This charming 4-bedroom, 1-bathroom home, perfectly situated on a manageable lot with a de...	4 beds \| 1 baths \| 1,008 sq.ft.	$142,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.28% Airbnb Rental Income: $null Traditional Rental Income: $1708 Airbnb ROI: N/A Traditional ROI: 10.28%
62 Schwartz Drive Ottumwa, IA Nice 3 Bedroom, 4 bathroom home on North side of town. Large open concept kitchen, living ...	3 beds \| 4 baths \| 2,100 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.89% Airbnb Rental Income: $null Traditional Rental Income: $2725 Airbnb ROI: N/A Traditional ROI: 6.89%
13464 65th St. Ottumwa, IA Here is your chance to own an acreage right on the edge of Ottumwa. This beautiful 3 bedro...	3 beds \| 3 baths \| 1,622 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.75% Airbnb Rental Income: $null Traditional Rental Income: $2821 Airbnb ROI: N/A Traditional ROI: 6.75%
231 E Main Street Ottumwa, IA Great downtown opportunity.	N/A beds \| N/A baths \| 5,280 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.59% Airbnb Rental Income: $null Traditional Rental Income: $1551 Airbnb ROI: N/A Traditional ROI: 1.59%
71 Schwartz Ottumwa, IA Step into a world of refined living with this remarkable split-foyer residence. Offering f...	5 beds \| 3 baths \| 2,532 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.98% Airbnb Rental Income: $null Traditional Rental Income: $3162 Airbnb ROI: N/A Traditional ROI: 8.98%
7606 Cliffland Road Ottumwa, IA PRICE REDUCED! This property is located on the east side of Ottumwa just outside of the ci...	3 beds \| 2 baths \| 1,557 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.23% Airbnb Rental Income: $null Traditional Rental Income: $2210 Airbnb ROI: N/A Traditional ROI: 8.23%
506 Bryan Road Ottumwa, IA Step inside this solid 3-bedroom, 2.5-bath ranch where timeless comfort meets thoughtful u...	3 beds \| 3 baths \| 2,058 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.84% Airbnb Rental Income: $null Traditional Rental Income: $3216 Airbnb ROI: N/A Traditional ROI: 8.84%
1112 N Van Buren Avenue Ottumwa, IA Investors take note. Low maintenience 4 plex with great rental opportunity. Located near ...	N/A beds \| N/A baths \| 7,480 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.15% Airbnb Rental Income: $null Traditional Rental Income: $1728 Airbnb ROI: N/A Traditional ROI: -1.15%
9 Kingsley Drive Ottumwa, IA This outstanding ranch is located in the beautiful Kingsley neighborhood on Ottumwa's sout...	3 beds \| 2 baths \| 1,092 sq.ft.	$169,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.27% Airbnb Rental Income: $null Traditional Rental Income: $1855 Airbnb ROI: N/A Traditional ROI: 8.27%
814 E Finley Ottumwa, IA Investor alert! This move-in ready duplex with BRAND NEW AC unit is located just minutes f...	N/A beds \| N/A baths \| 1,440 sq.ft.	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.01% Airbnb Rental Income: $null Traditional Rental Income: $1352 Airbnb ROI: N/A Traditional ROI: 7.01%
726 Ellis Avenue Ottumwa, IA TURN KEY SOUTH SIDE RANCH. Nothing left do in this recently remodeled, modern home! New ...	2 beds \| 1 baths \| 792 sq.ft.	$120,000	Airbnb cash on cash: 8.55% Traditional cash on cash: 10.4% Airbnb Rental Income: $1761 Traditional Rental Income: $1493 Airbnb ROI: 8.55% Traditional ROI: 10.4%
1529 Swanson Avenue Ottumwa, IA NEW PRICE!! Welcome home to this charming bungalow-style ranch in Ottumwa, IA! Nestled on ...	2 beds \| 1 baths \| 1,270 sq.ft.	$129,900	Airbnb cash on cash: 7.34% Traditional cash on cash: 10.55% Airbnb Rental Income: $1761 Traditional Rental Income: $1680 Airbnb ROI: 7.34% Traditional ROI: 10.55%
2633 Clearview Street Ottumwa, IA Nestled in the ever-popular Eisenhower Elementary School District, this charming three-bed...	3 beds \| 2 baths \| 1,384 sq.ft.	$157,500	Airbnb cash on cash: N/A Traditional cash on cash: 11.32% Airbnb Rental Income: $null Traditional Rental Income: $2180 Airbnb ROI: N/A Traditional ROI: 11.32%
615 S Moore Street Ottumwa, IA MOVE IN READY-3 BEDROOM HOME WITH DETACHED GARAGE AND OUTDOOR AMENITIES New siding-New roo...	3 beds \| 1 baths \| 952 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.84% Airbnb Rental Income: $null Traditional Rental Income: $1633 Airbnb ROI: N/A Traditional ROI: 7.84%
2620 Marilyn Rd. Ottumwa, IA First time offered for sale in over 40 years! Prime resale location, move-in condition, s...	2 beds \| 2 baths \| 2,012 sq.ft.	$225,000	Airbnb cash on cash: 2.9% Traditional cash on cash: 7.79% Airbnb Rental Income: $1761 Traditional Rental Income: $2319 Airbnb ROI: 2.9% Traditional ROI: 7.79%
317 S Ward Street Ottumwa, IA Welcome to this charming 3-bedroom, 1-bathroom home thatâs been thoughtfully updated and...	3 beds \| 1 baths \| 1,248 sq.ft.	$122,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.66% Airbnb Rental Income: $null Traditional Rental Income: $1750 Airbnb ROI: N/A Traditional ROI: 11.66%
9232 Dahlonega Road Ottumwa, IA This delightful three-bedroom, two-bathroom home with an attached two-car garage has been ...	3 beds \| 2 baths \| 1,612 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.89% Airbnb Rental Income: $null Traditional Rental Income: $2294 Airbnb ROI: N/A Traditional ROI: 7.89%

Real Estate investment in Ottumwa, IA

There are 70 properties for sale in the city of Ottumwa . The median list price in Ottumwa is $160,000 and the average price per square foot is $96. In September 2025, the average monthly cash on cash return in Ottumwa is 10.00%. The average monthly rental income in Ottumwa is $1,929.

Ottumwa, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 70 investment properties available for sale in Ottumwa.

In 2025, the best neighborhood to buy investment property is Ottumwa.

The ROI for Short-Term is higher than the Long-Term in Ottumwa with average rental income of $1,761.

Your search for investment property begins and ends here

Investment Property for Sale in Ottumwa, IA

821 E Highland Avenue

Ottumwa, IA

4 beds | 3 baths | 1,735 sq.ft.

$274,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2789

Airbnb ROI: N/A

Traditional ROI: 8.09%

106 N Iowa Avenue

Ottumwa, IA

2 beds | 1 baths | 849 sq.ft.

$109,500

Airbnb cash on cash: 8.85%

Traditional cash on cash: 11.04%

Airbnb Rental Income: $1761

Traditional Rental Income: $1511

Airbnb ROI: 8.85%

Traditional ROI: 11.04%

2 Birchwood Heights Dr.

Ottumwa, IA

4 beds | 3 baths | 6,448 sq.ft.

$389,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.13%

Airbnb Rental Income: $null

Traditional Rental Income: $3358

Airbnb ROI: N/A

Traditional ROI: 6.13%

3 Sawgrass Trail

Ottumwa, IA

4 beds | 3 baths | 3,139 sq.ft.

$389,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.53%

Airbnb Rental Income: $null

Traditional Rental Income: $3244

Airbnb ROI: N/A

Traditional ROI: 5.53%

1975 Greenwood Drive

Ottumwa, IA

3 beds | 3 baths | 1,632 sq.ft.

$210,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.38%

Airbnb Rental Income: $null

Traditional Rental Income: $1910

Airbnb ROI: N/A

Traditional ROI: 6.38%

1621 N Elm Street

Ottumwa, IA

3 beds | 4 baths | 2,386 sq.ft.

$369,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.13%

Airbnb Rental Income: $null

Traditional Rental Income: $2617

Airbnb ROI: N/A

Traditional ROI: 4.13%

3637 150Th Avenue

Ottumwa, IA

4 beds | 2 baths | 1,682 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.06%

Airbnb Rental Income: $null

Traditional Rental Income: $1943

Airbnb ROI: N/A

Traditional ROI: 4.06%

1018 W Mary Street

Ottumwa, IA

3 beds | 3 baths | 1,044 sq.ft.

$139,900

Airbnb cash on cash: N/A

Traditional cash on cash: 9.71%

Airbnb Rental Income: $null

Traditional Rental Income: $1838

Airbnb ROI: N/A