# 328 E Main Street, Ottumwa, IA 52501 > **TL;DR:** 2bd/1ba single family, $335,000 ($127/sqft), built 1880, 2,640 sqft. > A/C. Est. $1,792/mo. Listed 196 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $335,000 | | Price/sqft | $127 | | Bedrooms | 2 | | Bathrooms | 1 full | | Square Feet | 2,640 | | Year Built | 1880 | | Lot Size | 3,267 sqft (0.07 acres) | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 196 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,694 | | Estimated Insurance | $98 | | **Total** | **$1,792** | ## Key Amenities - A/C ## Property Highlights - Built in 1880 - 0.07 acre lot ## Description ### Agent Description A rare opportunity to acquire a fully operational, income-generating mixed-use property in the heart of downtown Ottumwa. This handsome, historic, two-story brick building, offers immediate revenue from both floors and the kind of downtown presence that takes a long time to establish. The first floor is configured as a working retail and bar/eatery space, currently home to two established local businesses with a loyal customer base and a recognized brand. The space is flexible, rent-ready, and suited to a wide range of commercial uses - retail, food and beverage, professional services, or creative enterprise. New ownership can continue existing operations, welcome a new commercial tenant, or reimagine the space entirely. The second floor is a comfortable two-bedroom, one-bathroom, walk-up apartment currently generating income as a licensed short-term rental with verified SuperHost status on Airbnb - a designation that reflects documented guest demand and operational excellence and transfers significant value to a new owner. The apartment converts readily to a long-term residential lease, with realistic monthly rental income for a qualified tenant. Additional upside includes the potential to add a rear deck overlooking the Des Moines River, enhancing the property's appeal for both commercial and residential occupants. Combined annual gross income potential from both floors nears $40,000 in passive rent alone. This is a property that works from day one. ## Location - **Address:** 328 E Main Street, Ottumwa, IA 52501 - **County:** Wapello - **Coordinates:** 41.015443, -92.409719 - **Google Maps:** https://www.google.com/maps?q=41.015443,-92.409719 ## Listing Agent - **Name:** Trisha Rea - **Brokerage:** Bridge City Realty - **Phone:** 6416804274 - **Broker Phone:** 641-684-1234 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/328-E-Main-St_Ottumwa_IA_52501_M94527-92900?f=listhub&s=NCMLSIA&m=6336940&c=propsimple) ## Photos ![328 E Main Street - Photo 1](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f3108473078r.jpg) ![328 E Main Street - Photo 2](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f4149673174r.jpg) ![328 E Main Street - Photo 3](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1670866037r.jpg) ![328 E Main Street - Photo 4](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f803627878r.jpg) ![328 E Main Street - Photo 5](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1121201482r.jpg) ![328 E Main Street - Photo 6](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1130947304r.jpg) ![328 E Main Street - Photo 7](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f666365635r.jpg) ![328 E Main Street - Photo 8](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f3253875724r.jpg) ![328 E Main Street - Photo 9](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2827601663r.jpg) ![328 E Main Street - Photo 10](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f3027907347r.jpg) ![328 E Main Street - Photo 11](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f3182957435r.jpg) ![328 E Main Street - Photo 12](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f124135120r.jpg) ![328 E Main Street - Photo 13](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1558905049r.jpg) ![328 E Main Street - Photo 14](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1188977605r.jpg) ![328 E Main Street - Photo 15](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1296047468r.jpg) ![328 E Main Street - Photo 16](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2349002600r.jpg) ![328 E Main Street - Photo 17](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f904345177r.jpg) ![328 E Main Street - Photo 18](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2452801482r.jpg) ![328 E Main Street - Photo 19](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2780719636r.jpg) ![328 E Main Street - Photo 20](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f3411915932r.jpg) ![328 E Main Street - Photo 21](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2856207422r.jpg) ![328 E Main Street - Photo 22](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f724264954r.jpg) ![328 E Main Street - Photo 23](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1902177798r.jpg) ![328 E Main Street - Photo 24](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f4043336301r.jpg) ![328 E Main Street - Photo 25](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f423884942r.jpg) ![328 E Main Street - Photo 26](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1798533003r.jpg) ![328 E Main Street - Photo 27](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1347066220r.jpg) ![328 E Main Street - Photo 28](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2694232694r.jpg) ![328 E Main Street - Photo 29](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f4040599635r.jpg) ![328 E Main Street - Photo 30](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1405061980r.jpg) ![328 E Main Street - Photo 31](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2501519098r.jpg) ![328 E Main Street - Photo 32](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f3952477035r.jpg) ![328 E Main Street - Photo 33](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f3784453855r.jpg) ![328 E Main Street - Photo 34](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1737721518r.jpg) ![328 E Main Street - Photo 35](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2975119713r.jpg) ![328 E Main Street - Photo 36](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f4207509441r.jpg) ![328 E Main Street - Photo 37](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2186589433r.jpg) ![328 E Main Street - Photo 38](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f3075866812r.jpg) ![328 E Main Street - Photo 39](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2846944665r.jpg) ![328 E Main Street - Photo 40](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f411197432r.jpg) ![328 E Main Street - Photo 41](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2820332514r.jpg) ![328 E Main Street - Photo 42](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2186355344r.jpg) ![328 E Main Street - Photo 43](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f2192390634r.jpg) ![328 E Main Street - Photo 44](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1996280069r.jpg) ![328 E Main Street - Photo 45](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1998245228r.jpg) ![328 E Main Street - Photo 46](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f3744501888r.jpg) ![328 E Main Street - Photo 47](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f752722440r.jpg) ![328 E Main Street - Photo 48](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f4293047920r.jpg) ![328 E Main Street - Photo 49](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1414158779r.jpg) ![328 E Main Street - Photo 50](http://lh.rdcpix.com/a19fb5c733c065f51998955e2064df8bl-f1757398514r.jpg) --- **MLS#:** 6336940 | **Updated:** 2026-05-31 **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.ai/listing/328-e-main-street-ottumwa-ia-52501-6336940) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/328-e-main-street-ottumwa-ia-52501-6336940#listing", "url": "https://www.propertysimple.ai/listing/328-e-main-street-ottumwa-ia-52501-6336940", "name": "328 E Main Street, Ottumwa, IA 52501", "description": "A rare opportunity to acquire a fully operational, income-generating mixed-use property in the heart of downtown Ottumwa. This handsome, historic, two-story brick building, offers immediate revenue from both floors and the kind of downtown presence that takes a long time to establish. The first floor is configured as a working retail and bar/eatery space, currently home to two established local businesses with a loyal customer base and a recognized brand. The space is flexible, rent-ready, and suited to a wide range of commercial uses - retail, food and beverage, professional services, or creative enterprise. New ownership can continue existing operations, welcome a new commercial tenant, or reimagine the space entirely. The second floor is a comfortable two-bedroom, one-bathroom, walk-up apartment currently generating income as a licensed short-term rental with verified SuperHost status on Airbnb - a designation that reflects documented guest demand and operational excellence and transfers significant value to a new owner. The apartment converts readily to a long-term residential lease, with realistic monthly rental income for a qualified tenant. 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