$305,000

123 N Sycamore St Monticello, IA 52310

Estimated payment $2,006/month

6 Beds
4 Baths
4,248 Sq Ft
$72 Price per Sq Ft

Highlights

  • Laundry Room
  • Heating System Uses Steam
  • Level Lot

About This Home

SIXTEEN PLEX! If you are in the market for an income property, look no further! We have the numbers for this two story apartment building and they look great! There is a new roof and the vacancy rate is low. Call today to see and look at the chance for extra income.

Listing Agent

Michael McDonough

McDonough Real Estate License #B1970000 Listed on: 07/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,846

Year Built

  • Built in 1920

Lot Details

  • 6,100 Sq Ft Lot
  • Lot Dimensions are 50 x 122
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 5 Open Parking Spaces
  • No Garage
  • On-Street Parking
  • Off-Site Parking

Schools

  • Monticello Elementary And Middle School
  • Monticello High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 0222357014

Community Details

Overview

  • 16 Units

Building Details

  • Water Sewer Expense $11,412
  • Operating Expense $22,780
  • Gross Income $87,600
  • Net Operating Income $64,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,846

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Parcel Number: 0222357014
  • Year Built: 1920
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor, Laundry Room
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.14
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-465-4761
  • MLS Status: ACTIVE
  • Above Grade Finished Sq Ft: 4248
  • Unit Levels: Two
  • Reso Roof: Metal
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete, Entrance-Inside
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 4248

Exterior Features

  • Construction Type: Brick
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 5
  • Parking Features: Off Site, On Street, None

Utilities

  • Cooling: Window Unit(s)
  • Heating: Steam
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 11412

Schools

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

Lot Info

  • Zoning: M-1
  • Lot Dimensions: 50 x 122
  • Lot Size Sq Ft: 6100

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Other

Multi Family

  • Gross Income: 87600
  • Operating Expense: 22780
  • Number Of Units Total: 16
  • Net Operating Income: 64820

Tax Info

  • Tax Annual Amount: 3846

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/11/2025 07/11/25 For Sale $305,000 +90.7% $72 / Sq Ft
07/13/2018 07/13/18 Sold $159,900 -18.0% $38 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
04/12/2018 04/12/18 Price Changed $195,000 -34.8% $46 / Sq Ft
01/04/2018 01/04/18 For Sale $299,000 +87.0% $70 / Sq Ft
12/06/2017 12/06/17 Off Market $159,900 -- --
05/04/2015 05/04/15 For Sale $299,000 -- $70 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20253339

Northeast Iowa Regional Board of REALTORS®

APN: 0222357014