$380,000
$60K PRICE INCREASE

Estimated payment $2,422/month

Total Views 33,857
6 Beds
5 Baths
3,579 Sq Ft
$106 Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • Coin Laundry
  • 3-minute walk to Hubbard Park
  • Forced Air Heating System

About This Home

Great investment property. Annual Property Operating Data available upon request. North side 5 plex with excellent cash flow & tenant history. Units 4 and 5 owner pays all utilities, units 1 - 3 tenants pay gas and electricity. Vinyl siding installed 2019. New flooring in the common area. Three of the five units were recently remodeled, the other two have long term tenants. Owner is a Realtor. Unit 3 is currently vacant.

Listing Agent

Brooke Pedersen

Keller Williams Siouxland Listed on: 02/10/2025

Keller Williams Siouxland

Co-Listing Agent

Kent Pedersen

Keller Williams Siouxland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,215

Year Built

  • Built in 1910

Lot Details

  • 9,450 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • 3,579 Sq Ft Home

Schools

  • Bryant Elementary School
  • North Middle School
  • North High School

Utilities

  • Forced Air Heating System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 432825

Community Details

Building Details

  • Gross Income $46,500
  • Net Operating Income $36,241

Additional Features

  • 5 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,215

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Legal Description: RENNISON S 1/2 LOT 2 BLK 1 LOT 3 BLK 1
  • Year Built: 1910
  • Audio Surveillance: No
  • Current Leases Available: Yes
  • School Middle Junior: North Middle
  • Video Surveillance: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 3579
  • Main Level Sq Ft: 1358
  • Sq Ft 2nd Level: 1518
  • Sq Ft 3rd Level: 703
  • Price Per Sq Ft: 106.17

Garage/Parking

  • Garage Type: Detached
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 1
  • Off Street Parking: 2

Utilities

  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City
  • Coin Operated Laundry: Yes

Schools

  • Elementary School: Bryant
  • Middle School: North Middle
  • High School: North High

Lot Info

  • Acres: 0.21
  • Lot Sq Ft: 9450
  • Parcel Number: 432825
  • Zoning: NC.4
  • Land Assessment: 30400

Rental Info

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

Tax Info

  • Year: 2023
  • Gross Taxes: 4215
  • Tax Class: Res

Multi Family

  • Rental Income: 3900
  • Electric Separate By Unit: Yes
  • Gross Income: 46500
  • Heat Separate By Unit: Yes
  • Number Of Units: 5

MLS Schools

  • School Elementary: Bryant
  • School High: North 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

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 For Sale $320,000 +150.0% $89 / Sq Ft
01/29/2018 01/29/18 Sold $128,000 -8.5% $26 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
12/07/2017 12/07/17 Price Changed $139,900 -6.7% $29 / Sq Ft
07/18/2017 07/18/17 For Sale $149,900 -- $31 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

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Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 827572

Northwest Iowa Regional Board of REALTORS®