436 N Jefferson Street

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436 N Jefferson Street

Ottumwa, IA 52501
Asking Price
$165K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Seven-unit multifamily apartment building located in Ottumwa, Iowa.
  • Property is available for purchase at an asking price of $165,000.
  • Located at 436 N Jefferson Street in the 52501 ZIP code.
  • Investment opportunity situated in a stable regional market in Iowa.
  • Asset type categorized as residential multifamily for investor use.

What's Special

This multifamily property for sale in Ottumwa, Iowa, represents a potential acquisition for investors seeking to expand their residential holdings. Located at 436 N Jefferson Street, the asset features 7 units configured as an apartment building. Ottumwa serves as a regional hub within southeastern Iowa, providing a steady base of renters drawn to the local economy and accessible infrastructure. The property sits within a well-established residential corridor, offering proximity to local thoroughfares that connect the neighborhood to the broader community. Given the unit count, this building is suitable for an investor focused on portfolio management or those looking for an entry-level multi-unit asset in a growing regional market. The structure provides a functional layout typical of residential developments in the area, allowing for consistent utility as rental housing.

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NOI
$80,000
Cap Rate
48.48%
DSCR
8.17
Strong
Cash-on-Cash
141.83%
Monthly Payment
$816.33
Annual Cash Flow
$70,204.04

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