$525,000
$50K PRICE DROP

207 E Wate St Wilton, IA 52778

Estimated payment $3,430/month

Total Views 5,684
9 Beds
-- Bath
10,744 Sq Ft
$49 Price per Sq Ft

Highlights

  • 0.68 Acre Lot
  • 18 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Two Heating Systems
  • 4-minute walk to Wilton City Park

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: $12.77% SEE DOCUMENTS. The current owner also owns other properties with the listing broker. The Listing Broker Does NOT have an ownership in this property.

Listing Agent

Daniel Oien

First Choice Real Estate LLC Brokerage Phone: 563-732-2600 License #B44442000 Listed on: 04/22/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 160' x 180'
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Shingle Roof
  • Rubber Roof
  • Stucco

Interior Spaces

  • 9 Bedrooms
  • 10,744 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 18 Car Detached Garage
  • On-Street Parking

Schools

  • Wilton Elementary And Middle School
  • Wilton High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0406118004

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1900
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 48.86
  • Attribution Contact: Office: 563-732-2600
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Total Bedrooms: 9
  • Interior Amenities: High Speed Internet

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Stucco
  • Foundation Details: Stone
  • Roof: Rubber, Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached, On Street, Other
  • Total Parking Spaces: 18

Utilities

  • Cooling: Zoned, Central Air
  • Heating: Heating Systems - 2+, Forced Air, Natural Gas, Gas Water Heater
  • Electric Expense: 1320
  • Laundry Features: Common Area, Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 240
  • NumberOfWaterHeaters: 12
  • NumberOfHeatingUnits: 12
  • NumberOfCentralAirUnits: 12
  • NumberOfGasMeters: 12
  • NumberOfElectricMeters: 12
  • NumberofWaterMeters: 12
  • NumberOfRanges: 12
  • NumberofRefrigerators: 12
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 0

Fee Information

  • AdvertisingExpense: 0

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.68
  • Lot Size: 160' x 180'
  • Parcel #: 0406118004
  • CertificateOfZoning: No

Rental Info

  • Tenant Pays: Trash Collection, Sewer, Water
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5665
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 83400
  • Annual Operating Expense: 4260

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
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: RMLS Alliance

Similar Home in Wilton, IA

  • 207 E Wate St, Wilton, IA 52778

    $525,000

    • 24 Beds
    • 12 Baths
    • 10,774 Sq Ft
    • 207 E Wate St
    • Wilton, IA

    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

    Daniel Oien FIRST CHOICE REAL ESTATE

    Section Image
See All Homes in Wilton

Source: RMLS Alliance

MLS Number: QC4262523

RMLS Alliance

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.

RMLS Alliance 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.

Nearby Homes
Daniel Oien
Listing Agent
Daniel Oien
Section Image
First Choice Real Estate LLC
(563) 227-3732