$475,000
$55K PRICE DROP

1806 Main St Gowrie, IA 50543

Estimated payment $3,456/month

Total Views 32,481
12 Beds
8 Baths
9,214 Sq Ft
$52 Price per Sq Ft

About This Home

Quiet Cove: This well-maintained 11-unit property is a great investment with 10 one-bedroom units and one two-bedroom unit in excellent condition. Currently, all but two units are rented, and those can be shown anytime! Situated on over an acre of land, the property offers plenty of space and convenience for tenants. Additional amenities include a storage/conference room (18x14), a community room, and a public restroom. The on-site laundry facility features two washers and two dryers for tenant use. With 17 designated parking spots, there's ample parking for all residents and guests. This is a fantastic opportunity to own a well-cared-for, income-generating property in a great community! 48 hour notice required, unless you would like to see the 2 vacant properties. Call Jeremiah 5155718326

Listing Agent

Jeremiah Condon

Kesterson Realty Inc Brokerage Phone: 5159557714 License #S63052 Listed on: 03/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,116

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 12 Bedrooms
  • 9,214 Sq Ft Home
  • 1-Story Property

Parking

  • 17 Parking Spaces
  • No Garage
  • Driveway
  • Open Parking
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • 1.14 Acre Lot
  • Separate Apartment

Community Details

  • 11 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,116

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Co List Office Mls Id: 10
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • LivingArea: 9214
  • Reso Other Structures: Apartment
  • Reso Roof: Asphalt
  • Financial Info Electric: Circuit Breakers
  • Attribution Contact: 5159557714
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Unit 1: Refrigerator,Stove - E, Unit 2: Refrigerator,Stove - E, Unit 3: Refrigerator,Stove - E, Unit 4: Refrigerator,Stove - E, Water Heater: Gas
  • Basement: None
  • Total Bedrooms: 12

Exterior Features

  • Acres: 1.14
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Paved Driveway, Parking Lot
  • Total Parking Spaces: 17

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: City Water

Schools

  • Junior High Dist: Southeast Valley

Lot Info

  • Lot Size Sq Ft: 49658.4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 11
  • Total Actual Rent: 3608
  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 11116.25

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
09/10/2025 09/10/25 Price Changed $475,000 -3.1% $52 / Sq Ft
05/05/2025 05/05/25 Price Changed $490,000 -4.8% $53 / Sq Ft
04/24/2025 04/24/25 Price Changed $514,900 -2.8% $56 / Sq Ft
03/04/2025 03/04/25 For Sale $529,900 -- $58 / Sq Ft
Source: Fort Dodge MLS

About the Listing Agent

Jeremiah Condon

Kesterson Realty Inc

(515) 676-4915

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Jeremiah Condon was born and raised in Fort Dodge, Iowa. He is a graduate of Buena Vista University with a Bachelors in Business. Jeremiah grew up in the restaurant business and managed The Cellar, Fort Dodge Country Club, and later owned Zebb's Burgers and More. In 2014, he put the restaurant behind him and is an Associate Broker/ Realtor and Associate Appraiser for Kesterson Realty. Jeremiah is married to Jenny Condon and has 4 beautiful children! Any spare time goes to family time in the

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Source: Fort Dodge MLS

MLS Number: 26052