$1,180,000
SOLD FEB 10, 2025

511 State St Tiffin, IA 52340

10 Beds
6 Baths
-- Sq Ft
0.67 Acres

Recently Sold

6% Below List Price

0 Day on Market

Highlights

  • Brick or Stone Mason
  • Park
  • Forced Air Heating and Cooling System
  • Living Room
  • Property is near schools and shops
  • 4-minute walk to Potter Park

About This Home

As of February 2025

10 different parcel numbers 8 Residential Units Two 3 bedroom units and Six 2 bedroom units (Fully Rented) 2 Commercial Spaces (Fully Leased) Building is always fully rented! This mixed use building is close to schools, parks, grocery store, bank and post office. Plenty of free parking for this building.

Last Agent to Sell the Property

Cindy Clark

Urban Acres Real Estate Listed on: 09/16/2024

Urban Acres Real Estate

Last Buyer's Agent

Cindy Clark

Urban Acres Real Estate Listed on: 09/16/2024

Urban Acres Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Parking

  • 4 Parking Spaces

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Frame Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Cca - Tiffin Elementary School
  • Clear Creek Middle School
  • Clear Creek High School

Utilities

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

Additional Features

  • Living Room
  • Property is near schools and shops

Listing and Financial Details

  • Assessor Parcel Number Multiple Parcels

Community Details

Overview

  • 10 Units
  • State Street Condos Subdivision

Recreation

  • Park

Building Details

  • Gross Income $138,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Assoc Take Photo
  • Remarks: 10 different parcel numbers 8 Residential Units Two 3 bedroom units and Six 2 bedroom units (Fully Rented) 2 Commercial Spaces (Fully Leased) Building is always fully rented! This mixed use building is close to schools, parks, grocery store, bank and post office. Plenty of free parking for this building.
  • Year Built: 2014
  • Subdivision: State Street Condos
  • Rental Permit: Yes
  • Directions: Hwy 6 to Croelle Ave to State St
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Park, Sidewalks, Street Lights, Close to School, Close to Shopping
  • Basement Remarks: Slab
  • Possession R: Negotiable
  • Possible Finance R: 1031 Exchange, Cash, Conventional
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Microwave, Washer

Exterior Features

  • Construction: Brick, Frame

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

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

Condo/Co-op/Association

  • Fees Include: None

Schools

  • High School: Clear Creek
  • Jr Middle School: Clear Creek
  • Elementary School: CCA - Tiffin

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: Condos
  • Zoning: C-2

Tax Info

  • Assessor Parcel Number: Multiple Parcels

Multi Family

  • Units Total: 10
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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
02/10/2025 02/10/25 Sold $1,180,000 -5.6% --
02/05/2025 02/05/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $1,250,000 +34.4% --
12/15/2023 12/15/23 Sold $930,000 -25.6% -- View Prior Sale
11/30/2023 11/30/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $1,250,000 -- --
Source: Iowa City Area Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202500901

Iowa City Area Association of REALTORS®