$200,000

325 E Main St Washington, IA 52353

Estimated payment $1,309/month

Total Views 303
5 Beds
4 Baths
3,199 Sq Ft
$63 Price per Sq Ft

Highlights

  • 2 Fireplaces
  • Property is near schools
  • Forced Air Heating and Cooling System
  • Living Room

About This Home

Fully rented triplex close to downtown featuring a new roof (2021), two furnaces (2019), and freshly repainted exterior. The upstairs 3-bedroom unit renting for $1,050 has been updated with a new kitchen, LVP flooring throughout, and in-unit laundry. The two main-level units rent for $775, and $625.

Listing Agent

Mike Pilarczyk

Keller Williams Legacy Group Listed on: 08/30/2025

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,648

Year Built

  • Built in 1896

Lot Details

  • Lot Dimensions are 72 x 140

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 3,199 Sq Ft Home
  • 2 Fireplaces
  • Living Room
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Location

  • Property is near schools
  • Property is near shops

Schools

  • Washington Elementary And Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 11-17-411-004

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $2,358
  • Insurance Expense $2,648
  • Water Sewer Expense $3,300
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,648

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: Fully rented triplex close to downtown featuring a new roof (2021), two furnaces (2019), and freshly repainted exterior. The upstairs 3-bedroom unit renting for $1,050 has been updated with a new kitchen, LVP flooring throughout, and in-unit laundry. The two main-level units rent for $775, and $625.
  • Year Built: 1896
  • Tax Year Report: 2024
  • Rental Permit: Yes
  • Water Annually: 3300
  • Directions: From downtown E on Main Street, property is on corner of E Main & S 4th Ave.
  • L O1 Dues Paid: y
  • Amenities: Close to School, Close to Shopping
  • Basement Remarks: Unfinished, See Remarks
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Microwave, Washer
  • Sq Ft Above: 3199
  • Number of Fireplaces: 2

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 3 Car

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Gas Annually: 2358
  • Heating Cooling: Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: Washington
  • Middle School: Washington
  • High School: Washington
  • High School: Washington
  • Jr Middle School: Washington
  • Elementary School: Washington

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 72 x 140
  • Zoning: Res 3+

Tax Info

  • Gross Tax County City: 2708
  • Assessor Parcel Number: 11-17-411-004

Multi Family

  • Units Total: 3

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

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 $2,648 $127,800 $24,200 $103,600
2023 $3,406 $127,800 $24,200 $103,600
2022 $3,882 $141,300 $24,200 $117,100
2021 $3,882 $141,300 $24,200 $117,100
2020 $3,816 $126,800 $24,200 $102,600
2019 $3,670 $116,300 $0 $0
2018 $3,772 $114,800 $0 $0
2017 $3,772 $112,600 $0 $0
2016 $3,992 $112,500 $0 $0
2015 $3,992 $94,600 $0 $0
2014 $3,412 $94,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 For Sale $200,000 +58.7% $63 / Sq Ft
08/11/2022 08/11/22 Price Changed $126,000 0.0% $84 / Sq Ft
08/02/2022 08/02/22 Sold $126,000 -10.0% $84 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $140,000 -- $94 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $126,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $113,400 New Conventional
Previous Owner $96,105 Credit Line Revolving
Source: Public Records

Source: Iowa City Area Association of REALTORS®

MLS Number: 202505497

Iowa City Area Association of REALTORS®

APN: 11-17-411-004