$525,000
$50K PRICE DROP

207 E Wate St Wilton, IA 52778

Estimated payment $3,400/month

Total Views 6,362
24 Beds
12 Baths
10,774 Sq Ft
$49 Price per Sq Ft

About This Home

This 12 plex building has a good rental income in a nice area of Wilton. Close to School, Park and 2 blocks from downtown. Replaced in 2025: Roof that is visible on the 3rd floor, shingles have transferable warranty, installed by Meza Construction. Replaced in the last 10 years: 6 Furnaces, 4 Central Air units, 9 water heaters. Annual Gross Income: $83,400. Current Rate of Return: 13.9% SEE DOCUMENTS. The current owner also owns other properties with the listing broker.

Listing Agent

Daniel Oien

FIRST CHOICE REAL ESTATE License #B44442000 Listed on: 04/22/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Parking

  • 2 Car Garage

Home Design

  • 10,774 Sq Ft Home

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 0406118004

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Items That Stay: Curtains & Drapes, Dryer, Refrigerator, Stove, Washer
  • Zoning: Residential
  • Insurance: 2700.00
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Above Grade Sq Ft: 10774.00
  • Basement YN: Yes

Garage/Parking

  • Garage Type: Detached
  • Garage Stalls Parking: 2.00

Utilities

  • Utilities Providers Cable Tv: WTC
  • Utilities Providers City Sewer: City of Wilton
  • Utilities Providers City Water: City of Wilton
  • Utilities Providers Electricity: Wilton Municipal
  • Utilities Providers Heat: Gas
  • Utilities Providers Internet: WTC
  • Utilities Providers Natural Gas: Mid American Energy
  • Utilities Providers Water Heater: Gas
  • Gas: 240.00
  • Electricity: 1320.00
  • Number Electric Meters: 12
  • Number Furnaces: 12
  • Number Water Heaters: 12
  • Number Water Meters: 12

Schools

  • School District: Wilton
  • School District: Wilton

Lot Info

  • Prop Grp ID: 19990816212109142258000000
  • Lot Size: 0.68 Acres

Rental Info

  • Rent Income: 81900.00

Tax Info

  • Gross Taxes: 5664.00
  • Named Parcel Number: 0406118004

Multi Family

  • No. of Units: 12

Map

Range of Values:

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Average Value
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List 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
05/28/2025 05/28/25 Price Changed $525,000 -8.7% $49 / Sq Ft
04/22/2025 04/22/25 For Sale $575,000 -- $53 / Sq Ft
Source: Muscatine Multiple Listing Service

Source: Muscatine Multiple Listing Service

MLS Number: 25-199

Muscatine Multiple Listing Service

Iowa Muscatine County Wilton 52778

207 E Wate St, Wilton, IA

This home is located at 207 E Wate St, Wilton, IA 52778 and is currently priced at $525,000, approximately $48 per square foot. This property was built in 1900. 207 E Wate St is a home located in Muscatine County with nearby schools including Wilton Elementary School and Wilton Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Muscatine Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Daniel Oien
Listing Agent
Daniel Oien
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FIRST CHOICE REAL ESTATE
(563) 227-3732