$356,000

Estimated payment $2,429/month

Total Views 446
6 Beds
6 Baths
3,196 Sq Ft
$111 Price per Sq Ft

About This Home

1605-07 S. Irene Street presents a strong opportunity to acquire a newer construction multi-family property with dependable income potential. This side by side duplex offers over 3100 square feet of total living space. The layout includes 3 bedrooms and 3 bathrooms in each unit, providing a balanced unit mix that is attractive to a wide range of renters. Each side of the property features practical finishes such as carpet and tile flooring, attached garage parking, and functional floor plans that maximize livable space. The 2011 construction reduces concerns about major system updates, offering a turnkey investment that is ready to perform. Outdoor space on the sizable lot adds value and appeal, while the garages provide secure parking and additional storage. Whether you are expanding an existing portfolio or securing your first multi-family asset, 1605-07 S. Irene offers a combination of modern construction, functional design, and income-producing potential that stands out in today’s market. Schedule a viewing to explore how this property can strengthen your investment strategy.

Listing Agent

Stephanie Dattolico

Gateway Real Estate Advisors Listed on: 08/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,868

Year Built

  • Built in 2011

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 3,196 Sq Ft Home

Schools

  • Spalding Elementary School
  • East Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 884801230010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,868

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: WEST MORNINGSIDE EX S 12 FT LOT 23 & LOT 24 BLK 41
  • Year Built: 2011
  • Audio Surveillance: Yes
  • Current Leases Available: No
  • School Middle Junior: East Middle
  • Video Surveillance: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3196
  • Main Level Sq Ft: 2120
  • Sq Ft Below Grade Finishe: 1076
  • Price Per Sq Ft: 111.39

Garage/Parking

  • Garage Type: Attached
  • Internet: Yes
  • Garage Spaces: 2

Utilities

  • Air Conditioning Type: Central
  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Spalding
  • Middle School: East Middle
  • High School: East High

Lot Info

  • Acres: 0.2
  • Parcel Number: 884801230010
  • Zoning: NC-4

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Tenant

Tax Info

  • Year: 2024
  • Gross Taxes: 5868

Multi Family

  • Rental Income: 2850
  • Electric Separate By Unit: Yes
  • Heat Separate By Unit: Yes
  • Number Of Units: 2
  • Water Separate By Unit: Yes

MLS Schools

  • School Elementary: Spalding
  • School High: East High

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,638 $324,600 $25,100 $299,500
2023 $4,284 $324,600 $25,100 $299,500
2022 $4,126 $213,600 $22,900 $190,700
2021 $4,126 $209,300 $22,900 $186,400
2020 $2,846 $129,400 $22,900 $106,500
2019 $2,272 $100,600 $0 $0
2018 $2,244 $100,600 $0 $0
2017 $2,244 $154,700 $0 $0
2016 $3,022 $134,800 $0 $0
2015 $1,955 $254,600 $19,400 $235,200
2014 $1,507 $225,700 $26,000 $199,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $356,000 -- $111 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $248,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $378,801 Credit Line Revolving
Source: Public Records

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Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 829996

Northwest Iowa Regional Board of REALTORS®

APN: 884801230010