$267,000
SOLD JAN 13, 2022

145 E Main St Lisbon, IA 52253

-- Bed
-- Bath
5,640 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

7% Above List Price

5 Days on Market

About This Home

As of February 2025

Now is your golden opportunity to start or add to your Real Estate empire! Located on the edge of Historic downtown Lisbon, this rock solid 8-plex features all but one unit updated within the last 4 years. Windows and siding replaced approx. 10 years ago and some newer mechanicals as well. All units currently leased with a waiting list! Includes private parking as well as tons of street parking. Washer/dryer hook ups in common area but since the laundromat is located just down the street the seller has opted not to put in coin-opp. 6 one bedroom, 1 two bedroom and 1 studio apartment, 4 of which offer private entry. Next City/County rental inspection not due until Sept. 2022. Seller is opting to review any and all offers at 11:00 a.m. on Wed. Nov. 24, '21.

Last Agent to Sell the Property

Ben Wheeler

COLDWELL BANKER HEDGES

COLDWELL BANKER HEDGES

Last Buyer's Agent

Luke Long

COLDWELL BANKER HEDGES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,014

Year Built

  • 1899

Home Design

  • 5,640 Sq Ft Home
  • Brick Exterior Construction
  • Masonry
  • Vinyl Construction Material

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Separate Meters

Additional Features

  • Deck
  • Lot Dimensions are 60 x 94

Community Details

  • Gross Income $46,560
  • Net Operating Income $34,585

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,014

Year Built

1899

Lot Details

0

Listing Details

  • City Name: Lisbon
  • Expense Info: Owner Provided
  • Gross Tax: 4014
  • List User Cell Phone: 319-360-3088
  • Miscellaneous: Basement, Common Laundry-Owned, Deck/Patio, Parking Spaces, Sep. Meter – Electric, Sep. Meter – Gas
  • Net Tax: 4014
  • Noof Units Efficiency: 1
  • Noof Units One Bedroom: 6
  • Noof Units Two Bedroom: 1
  • Property Sub Types: 5+ Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.06800
  • Ratio Close Price By Original Li: 1.06800
  • Ratio Current Price By Sq Ft: 47.34
  • Total Sq Ft: 5640
  • Style St: Side/Side, Upper/Lower
  • Tenants Responsibilities Include: Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: MultiRes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1899

Exterior Features

  • Construction Methods: Masonry Frm
  • Exterior: Brick, Vinyl

Utilities

  • Heating Cooling: Electricity Heat, Window/Wall Air

Schools

  • Elementary School: Lisbon
  • Middle School: Lisbon
  • High School: Lisbon

Lot Info

  • Lot Size: 60 X 94

Rental Info

  • Owner Pays: Water
  • Total Expenses: 11975

Multi Family

  • Gross Income: 46560
  • Net Operating Income: 34585.00

Map

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
02/04/2025 02/04/25 Sold $263,500 0.0% $126 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
11/08/2024 11/08/24 Price Changed $263,500 -4.5% $126 / Sq Ft
08/01/2024 08/01/24 For Sale $275,900 +3.3% $132 / Sq Ft
01/13/2022 01/13/22 Sold $267,000 +6.8% $47 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $250,000 +49.3% $44 / Sq Ft
07/09/2018 07/09/18 Sold $167,500 -4.3% $40 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $175,000 -- $42 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2107992

Cedar Rapids Area Association of REALTORS®