NOT LISTED FOR SALE

117 7th St NE Independence, IA 50644

-- Bed
-- Bath
2,222 Sq Ft
5,940 Sq Ft Lot

Last Sold August 05, 2024

Last sale price $154,900 $70 Per Sq Ft

30 Days on Market

Highlights

  • Laundry Room
  • Garage
  • 4-minute walk to Teachers Park
  • Attic Fan
  • Heating System Uses Steam

About This Home

As of August 2024

Investors take note! 3-unit apartment building has a pair of 2-bedroom units and a 1-bedroom unit. Stoves and fridges included in 119 & 121 with stove, fridge, built in microwave and stack washer & dryer in 117. Coin washer & dryer in the hall for 119 & 121. 119 also has through the wall a/c unit. 117 had numerous updates in 2018 including kitchen remodel and it also has an attached garage. Electricity & garbage are paid by the tenant, landlord pays heat, water, and sewer. Current rents total $1,875 with long term tenants in 117 & 121. Tenant in 119 moved in Feb. 2024. Property is in 500 year flood plain. Please allow 24 hours' notice for showings to notify tenants. Buyer to participate in a 1031 exchange with at no additional expense to the buyer. Seller is a licensed real estate broker in the State of Iowa.

Last Agent to Sell the Property

Steve Ohl

Ohl Iowa Realty, Inc License #CR01745 / B18657000 Listed on: 05/20/2024

Ohl Iowa Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 1910

Lot Details

  • 5,940 Sq Ft Lot
  • Lot Dimensions are 66 x 90

Home Design

  • Triplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Attic Fan
  • Laundry Room

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • Garage
  • 4 Open Parking Spaces
  • Over 1 Space Per Unit
  • Parking Available

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam

Community Details

  • 3 Units
  • Water Sewer Expense $90

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up
  • Assessor Parcel Number 0634409002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,932

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Parcel Number: 0634409002
  • Year Built: 1910
  • Property Sub-Type: Triplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Laundry Room
  • Co List Office Phone: 319-334-9258
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2222
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Entrance-Inside, Floor Drain
  • Below Grade Sq Ft: 1450

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Attached, Garage, Over 1 Space, Parking Space

Utilities

  • Cooling: Attic Fan, Wall Unit(s)
  • Heating: Steam
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas in Rent, Water in Rent, Other
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 90

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: C-1
  • Lot Dimensions: 66 x 90
  • Lot Size Sq Ft: 5940

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up
  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1932

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/05/2024 08/05/24 Sold $154,900 0.0% $70 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/19/2024 06/19/24 Price Changed $154,900 -6.1% $70 / Sq Ft
05/22/2024 05/22/24 For Sale $164,900 -- $74 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20242081

Northeast Iowa Regional Board of REALTORS®