NOT LISTED FOR SALE

405 W Plum St West Union, IA 52175

-- Bed
-- Bath
1,564 Sq Ft
0.38 Acres

Last Sold August 19, 2022

Last sale price $225,000 $144 Per Sq Ft

Highlights

  • Deck
  • Landscaped
  • Forced Air Heating System
  • Corner Lot

About This Home

As of August 2022

Newly Updated Six Unit Apartment Building! Several units have fresh paint and doorknobs. Units have luxury vinyl tile, ceramic tile and/or carpet. Several new windows, appliances, faucets, toilets, and toilet seats. Newer metal roof and new gutters. Freshly painted deck in back and new concrete pad in front. New rock in parking lot, trees will be trimmed and large tree in front will be removed. Currently fully rented with good renters, several long-term. Washer and dryer on site for additional income. Security system is negotiable and can be expanded. This is the investment property you have been looking for! Call to see it today.

Last Agent to Sell the Property

Molly Juergens

American Realty of Dubuque License #S67397000 Listed on: 07/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 1968

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 132.75x123
  • Landscaped
  • Corner Lot

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Laundry on lower level

Parking

  • 8 Open Parking Spaces
  • No Garage
  • Parking Available

Outdoor Features

  • Deck

Schools

  • North Fayette Elementary And Middle School
  • North Fayette High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 0717254006

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $792
  • Water Sewer Expense $1,834
  • Operating Expense $9,582
  • Gross Income $32,630
  • Net Operating Income $23,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,904

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Parcel Number: 0717254006
  • Year Built: 1968
  • Property Sub-Type: Multi-Family 5+
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.38
  • Road Frontage Type: Paved Road
  • Co List Office Phone: 563-556-4577
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1564
  • Architectural Style: Two Story
  • Reso Roof: Metal
  • ImprovementRating: Updated
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 1564

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Landscaping
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 8
  • Parking Features: None, Parking Space

Utilities

  • Cooling: Window Unit(s), None
  • Heating: Forced Air
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Garbage in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 1834

Schools

  • Elementary School: North Fayette
  • High School: North Fayette
  • Middle Or Junior School: North Fayette

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 132.75x123
  • Lot Size Sq Ft: 16328
  • Additional Parcels: No

Rental Info

  • Tenant Pays: Electricity, Gas, Heat
  • Lease Term: Month To Month

Multi Family

  • Gross Income: 32630
  • Operating Expense: 9582
  • Number Of Units Total: 6
  • Electric Expense: 792
  • Net Operating Income: 23048

Tax Info

  • Tax Annual Amount: 2904

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
08/19/2022 08/19/22 Sold $225,000 0.0% $144 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $225,000 +38.5% $144 / Sq Ft
09/08/2020 09/08/20 Sold $162,500 -7.1% $35 / Sq Ft View Prior Sale
07/06/2020 07/06/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $174,900 +47.0% $37 / Sq Ft
07/31/2017 07/31/17 Sold $118,950 -33.9% $76 / Sq Ft View Prior Sale
05/24/2017 05/24/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $180,000 -- $115 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Molly Juergens

    American Realty of Dubuque

    Section Image
  • Jeff Bradley

    Seller's Agent in 2017

    Jeff Bradley

    Volga River Realty

    (563) 419-7900

    74 Total Sales

    Jeff Bradley
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223207

Northeast Iowa Regional Board of REALTORS®
Iowa Fayette County West Union 52175

405 W Plum St, West Union, IA

Not Listed for Sale

MultiFamily

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