$79,900

407 N Frederick Ave Oelwein, IA 50662

Estimated payment $552/month

Total Views 798
-- Bed
-- Bath
1,416 Sq Ft
$56 Price per Sq Ft

About This Home

Great investment property or convert into a single family residence. Needs some tlc but good bones. Each unit has 2 bedrooms and 1 bath. Previously rented for $850/unit. Detached garage. Priced to sell! Selling AS IS. Square footages approximate. Call your favorite local agent for your personal showing today!

Listing Agent

Kara Bartels

RE/MAX Alliance License #B44491000 Listed on: 11/03/2025

RE/MAX Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1910

Lot Details

  • 10,434 Sq Ft Lot
  • Lot Dimensions are 74x141

Home Design

  • Duplex
  • Brick Exterior Construction
  • Concrete Foundation
  • Asphalt Roof

Parking

  • Garage
  • 4 Open Parking Spaces

Schools

  • Oelwein Elementary And Middle School
  • Oelwein High School

Additional Features

  • Laundry on lower level
  • Central Air

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1821208004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,572

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Parcel Number: 1821208004
  • Year Built: 1910
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Co List Office Phone: 319-984-5600
  • MLS Status: ACTIVE
  • Above Grade Finished Sq Ft: 1416
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Below Grade Sq Ft: 1416

Exterior Features

  • Construction Type: Brick
  • Siding: Brick

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Garage, Detached

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Schools

  • Elementary School: Oelwein
  • High School: Oelwein
  • Middle Or Junior School: Oelwein

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 74x141
  • Lot Size Sq Ft: 10434

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Trash Collection, Water
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1572

Map

Range of Values:

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Average Value
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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
2025 $1,572 $87,700 $11,320 $76,380
2024 $1,572 $81,180 $11,320 $69,860
2023 $1,639 $81,180 $11,320 $69,860
2022 $1,432 $66,560 $9,440 $57,120
2021 $23 $66,560 $9,440 $57,120
2020 $1,642 $74,380 $6,790 $67,590
2019 $1,546 $70,060 $0 $0
2018 $1,512 $70,060 $0 $0
2017 $1,432 $63,380 $0 $0
2016 $1,398 $63,380 $0 $0
2015 $1,398 $0 $0 $0
2014 $1,378 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 For Sale $79,900 -- $56 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 --
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Source: Public Records

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20255413

Northeast Iowa Regional Board of REALTORS®

APN: 18-21-208-004