$39,000

311 E Joy St Red Oak, IA 51566

Estimated payment $259/month

Total Views 128,517
-- Bed
-- Bath
3,104 Sq Ft
$13 Price per Sq Ft

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

Lisa Zimmerman

Better Homes and Gardens Real Estate The Good Life Group License #S65916000 Listed on: 04/23/2025

Better Homes and Gardens Real Estate The Good Life Group

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$560

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Inspections: Self Inspected
  • Miscellaneous: Other - See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2.0
  • Stories: Two
  • Appliances: Other
  • Features: Other

Beds/Baths

  • Half Bathrooms: None
  • Full Bathrooms: Four
  • Sleeping Rooms: Four

Exterior Features

  • Roof: Composition
  • Exterior: Frame

Garage/Parking

  • Garage: None
  • Parking: See Remarks

Utilities

  • Heat Cooling: Central A/C, Heat Pump
  • Utilities Paid by Owner: None
  • Utilities Paid by Renter: Other - See Remarks

Schools

  • School District: Red Oak
  • Elementary School: Inman Primary
  • Middle School: Red Oak
  • High School: Red Oak
  • Elementary School: Inman Primary
  • High School: Red Oak
  • Jr High: Red Oak
  • School District: Red Oak

Lot Info

  • Lot Size: 0.11 Acres;4,680 SF

Building Info

  • Year Built: 1900
  • Building Sq Ft: 3104.00

Tax Info

  • Current REIDS Year Paid: N
  • Gross Taxes: 559.47
  • Net Taxes: 560.00
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $39,000 -- $13 / Sq Ft
Source: Southwest Iowa Association of Realtors®

Mortgage History

Date Status Loan Amount Loan Type
Closed $225,000 New Conventional
Source: Public Records

About the Listing Agent

Lisa Zimmerman

Better Homes and Gardens Real Estate The Good Life Group

(712) 423-6377

Section Image

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

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Source: Southwest Iowa Association of Realtors®

MLS Number: 25-696

Southwest Iowa Association of Realtors®

APN: 600-62-81-200120-00