248 N Railroad St Ainsworth, IA 52201
Estimated payment $511/month
Total Views
115,568
2
Beds
2
Baths
1,280
Sq Ft
$70
Price per Sq Ft
Highlights
- Brick or Stone Mason
- Living Room
- Forced Air Heating System
About This Home
Great investment opportunity. This building is located downtown Ainsworth, Iowa and has an updated main level apartment with one bedroom, 1 bath and currently rents for $550.00 a month. The upper unit rents for $400.00 a month. If you're looking to invest in real estate this one is a great one to start with or to add to your existing portfolio with low taxes, tenant paid utilities and low Maintenace expenses.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $242
Year Built
- Built in 1910
Home Design
- Brick or Stone Mason
- Poured Concrete
Interior Spaces
- 1,280 Sq Ft Home
- Living Room
Kitchen
- Oven or Range
- Dishwasher
Schools
- Ainsworth Elementary School
- Washington Middle School
- Washington High School
Utilities
- Forced Air Heating System
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 1221254012
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,700
- Maintenance Expense $600
- Gross Income $10,800
Map
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Home Values in the Area
Average Home Value in this Area
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 | $242 | $15,000 | $1,700 | $13,300 |
| 2023 | $258 | $15,000 | $1,700 | $13,300 |
| 2022 | $252 | $13,400 | $1,700 | $11,700 |
| 2021 | $252 | $13,400 | $1,700 | $11,700 |
| 2020 | $258 | $14,200 | $1,700 | $12,500 |
| 2019 | $250 | $13,400 | $0 | $0 |
| 2018 | $220 | $12,200 | $0 | $0 |
| 2017 | $220 | $11,000 | $0 | $0 |
| 2016 | $198 | $11,000 | $0 | $0 |
| 2015 | $198 | $11,000 | $0 | $0 |
| 2014 | $208 | $9,900 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/16/2025 01/16/25 | For Sale | $89,000 | 0.0% | $70 / Sq Ft |
| 01/16/2025 01/16/25 | For Sale | $89,000 | -- | $70 / Sq Ft |
Source: Iowa City Area Association of REALTORS®
About the Listing Agent
At Elliott Realty Group, we are passionate about helping buyers and sellers achieve their real estate goals. As the owner and Broker, I take pride in matching clients with the agent that’s right for them. Our team of experienced agents is dedicated to helping buyers find their perfect home and guiding sellers through what can often be a complex process. We're here to ensure you get the most out of your real estate journey and to make it as smooth as possible."
Patty's Other Listings
-
$411,000
- 5 Beds
- 3 Baths
- 3,286 Sq Ft
- 1002 S 12th Ave
- Washington, IA
An exceptional, spacious ranch home with 5 bedrooms, 3 baths! This well designed home features an open and inviting floor plan. The stylish kitchen and dining room create a great space for entertaining showing off the custom cabinets, granite counters,newer appliances,pantry and breakfast bar. The living room is warm and inviting with vaulted ceilings, built in floor to ceiling shelves and walks
Patty Elliott Elliott Realty Group
-
$159,700
- 2 Beds
- 1 Bath
- 1,206 Sq Ft
- 1606 N 3rd Ave
- Washington, IA
Spacious 2-bedroom duplex offering one level living. Open floor plan with vaulted ceilings and electric fireplace, eat-in kitchen, Sliders off the main bedroom lead out to the deck overlooking the back yard. The attached garage has extra storage and access to the 4' crawlspace. HVAC was inspected in June 2025.
Patty Elliott Elliott Realty Group
-
$302,900 New Construction
- 2 Beds
- 2 Baths
- 1,400 Sq Ft
- 204 Augusta National Blvd
- Washington, IA
New construction duplex in Washington's newest subdivision, Country Club View. Enjoy the open concept with generous sized kitchen/dining room and Livingroom. Large primary suite with walk in closet. Hard surface flooring in kitchen, dining area and baths. All kitchen/bath tops are solid surface. Multiple 110volt/HDMI dual outlets throughout the space. Furnace room in garage saving living space.
Patty Elliott Elliott Realty Group
Source: Iowa City Area Association of REALTORS®
MLS Number: 202500476
APN: 12-21-254-012
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.
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Listing information is deemed reliable, but not guaranteed accurate by the MLS.
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