About This Home

This 0-bedroom, 0-bathroom multi-family at 402 Richmond Street in Ottumwa, IA is listed for $149,000 ($68 per sqft). Built in 1910, the home offers 2,200 sqft of living space on a N/A lot.

Key Features

  • Built in 1910
  • 2 stories

Property Details

2 stories
2-car garage
1910
Listing Description

3 unit commercial building offering a 2 bedroom apartment on the upper level currently occupied for $700 a month and the main level has a studio apartment ready for updates as a well as a commercial space with 2 office areas and kitchenette. Utilities are split out and the owner retains the garage space.

Monthly Cost Estimate

$797/mo

20% down · 6.5% · 30 years

Principal$108
Interest$646
Insurance$43

Estimates only. Actual payments may vary.

Location

402 Richmond Street

Ottumwa, IA 52501

Property Details

Construction

Shakes

Heating

Forced Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 402 Richmond Street is listed at $149,000 ($68/sqft). The estimated monthly payment is $796 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 2 stories.

This property is listed by Lincoln Lynch.

LL

Lincoln Lynch

Agent at Lynch Realty Inc

Listed by Lynch Realty Inc · Broker phone: 641-664-2275 · View on Broker Site

MLS# 6341362· Source: NoCoast MLS· 86 days on PropertySimple

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.

402 Richmond Street, Ottumwa, IA 52501

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