
311 E Joy St Red Oak, IA 51566
Estimated payment $259/month
About This Home
Investor Special - 4-Plex with Huge Potential!Fantastic opportunity to restore and revitalize this classic 4-plex! Each unit offers 1 bedroom, 1 bathroom, a dedicated dining and living room area, plus a separate kitchen and bath. All units include two points of access, adding convenience and flexibility for tenants.This property is a true diamond in the rough - perfect for an investor looking to add value with some sweat equity. Whether you're looking to renovate and rent, or fix and flip, this is a solid investment. Property is Sold as-is. Bring your tools and your vision - this one won't last long!
Listing Agent
Better Homes and Gardens Real Estate The Good Life Group License #S65916000 Listed on: 04/23/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $560
Year Built
- Built in 1900
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 2-Story Property
Schools
- Inman Primary Elementary School
- Red Oak Middle School
- Red Oak High School
Utilities
- Air Conditioning
- Heat Pump System
Map
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 | $560 | $24,840 | $5,140 | $19,700 |
2023 | $84 | $24,840 | $5,140 | $19,700 |
2022 | $802 | $25,170 | $5,140 | $20,030 |
2021 | $802 | $25,170 | $5,140 | $20,030 |
2020 | $802 | $25,170 | $5,140 | $20,030 |
2019 | $874 | $25,170 | $5,140 | $20,030 |
2018 | $902 | $25,170 | $0 | $0 |
2017 | $902 | $25,170 | $0 | $0 |
2015 | $722 | $19,450 | $0 | $0 |
2014 | $1,552 | $34,520 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/23/2025 04/23/25 | For Sale | $39,000 | -- | $13 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $225,000 | New Conventional |
About the Listing Agent

Mobile: 402-660-9078
Email: lisa.zimmerman@betteromaha.com
Lisa is a Realtor with Better Homes and Gardens Real Estate The Good Life Group in Omaha, NE. She got into real estate because she has a passion for working with people and believe in the benefits of home ownership. Whether you are buying or selling your home her goal is to provide you with the highest level of customer service to make the transaction smooth and easy. She has a keen eye for staging and can offer advise on
Lisa's Other Listings
Source: Southwest Iowa Association of Realtors®
MLS Number: 25-696

APN: 600-62-81-200120-00
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