$229,900

316 S Boone St Boone, IA 50036

Estimated payment $1,525/month

Total Views 6,520
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Well-kept investment property! This 5-plex is an amazing value as it brings in close to $2800/month in income when fully occupied and has several long-term tenants! Oversized windows, leaded glass, some hardwood floors, a spacious front porch, and close to downtown make this a great property. Updates include refreshes in some of the units, some new flooring, a partial roof replacement, and a new furnace among others! Unit 2 is available for an opportunity to be an owner occupied investor!

Listing Agent

Patty Meese

Friedrich Iowa Realty Listed on: 10/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,804

Year Built

  • Built in 1890

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 088426281382056

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $13,380
  • Gross Income $34,368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,804

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 1
  • Stoves Total: 1
  • Kitchens: 1

Exterior Features

  • Exterior: See Remarks
  • Foundation: Brick, Tile

Garage/Parking

  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 13380

Lot Info

  • Lot Size: 10,800
  • Assessor Parcel Number: 088426281382056
  • Zoning: R

Tax Info

  • Gross Taxes: 3804.00
  • Net Taxes: 3804.00

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Boone

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 For Sale $229,900 +13.3% $70 / Sq Ft
06/01/2023 06/01/23 Sold $203,000 -7.7% $62 / Sq Ft View Prior Sale
04/24/2023 04/24/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $219,900 -- $67 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Source: Des Moines Area Association of REALTORS®

MLS Number: 729141

Des Moines Area Association of REALTORS®

APN: 088426284282108

Iowa Boone County Boone 50036

316 S Boone St, Boone, IA

For Sale

MultiFamily

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Patty Meese
Listing Agent
Patty Meese
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Friedrich Iowa Realty
(515) 474-7730