$650,000

1121 1127 Parkway Dr Boone, IA 50036

Estimated payment $4,280/month

Total Views 194
-- Bed
8 Baths
826 Sq Ft
$787 Price per Sq Ft

Highlights

  • 8 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

Exceptional investment opportunity in Boone! This well-maintained 8-unit multifamily property at 1121 & 1127 Parkway Drive offers a strong rental history and desirable location. Each building features spacious apartments with functional layouts, garage, parking, and tenant-friendly amenities. Situated in a quiet residential neighborhood with convenient access to schools, shopping, and major roadways, this property attracts long-term renters and delivers steady cash flow. Whether you're adding to your portfolio or making your first multifamily purchase, this turnkey asset is a solid choice with upside potential.

Listing Agent

Marija Balac

Realty ONE Group Impact Listed on: 09/01/2025

Realty ONE Group Impact

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,936

Year Built

  • Built in 1979

Home Design

  • 826 Sq Ft Home
  • Block Foundation
  • Slab Foundation
  • Asphalt Shingled Roof

Parking

  • 4 Car Detached Garage
  • Driveway

Additional Features

  • 8 Kitchens
  • 8 Full Bathrooms
  • Laundry Room
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 088426331382037

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,936

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Apartment Style
  • Lp Amt Sq Ft: 786.92
  • Termite: Call Listing Agent
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 8
  • Refrigerators: 8
  • Stoves Total: 8
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • First Floor Full Bathrooms: 8
  • Basement Description: Slab
  • Kitchens: 8
  • Laundry: Yes
  • Living Area Sq Ft: 826
  • Total Sq Ft: 826

Exterior Features

  • Exterior: See Remarks
  • Foundation: Block
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 4+ Detached

Utilities

  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Boone

Lot Info

  • Assessor Parcel Number: 088426331382037
  • Zoning: RES

Rental Info

  • Deposit: Yes
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Landlord

Tax Info

  • Gross Taxes: 8936.00
  • Net Taxes: 8936.00

Multi Family

  • Total Units: 8

MLS Schools

  • School District: Boone

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 For Sale $650,000 -- $787 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Source: Des Moines Area Association of REALTORS®

MLS Number: 725311

Des Moines Area Association of REALTORS®
Iowa Boone County Boone 50036

1121 1127 Parkway Dr, Boone, IA

This home is located at 1121 1127 Parkway Dr, Boone, IA 50036 and is currently priced at $650,000, approximately $786 per square foot. This property was built in 1979. 1121 1127 Parkway Dr is a home located in Boone County with nearby schools including Boone High School, Sacred Heart School, and Trinity Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Marija Balac
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Realty ONE Group Impact
(515) 851-4515