$140,000

518 Central Ave E Hampton, IA 50441

Estimated payment $868/month

Total Views 11,108
-- Bed
-- Bath
2,224 Sq Ft
$63 Price per Sq Ft

About This Home

Cash flow, Cash Flow with 3 one-bedroom apartments rented at $600 per month and one at $650 per month. Units have a new 5 YEAR Rental certificate from the city. The leases are all month to month with a good track record of full capacity. Many are long term renters with one renter calling this "home" for over 10 years. The roof was replaced 2 years ago. Owner pays water ($120), garbage ($60) and gas ($121) while renters pay electricity.

Listing Agent

Kent Mollenbeck

Staley Real Estate Brokerage Phone: 641-456-3607 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Parking

  • 1

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 124 x 72
  • Forced Air Heating System

Community Details

  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Quadruplex
  • Year Built: 1890
  • Stories: 2
  • Property Type: Residential Income
  • Co List Office Mls Id: NOC27819
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Basement: Full, Stone/Rock, Unfinished
  • Fireplace: No

Exterior Features

  • Construction Type: Metal Siding

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: HRTI

Fee Information

  • Annual Fuel Expense: 2400
  • Trash Expense: 840
  • Annual Water Sewer Expense: 1440

Lot Info

  • Lot Dimensions: 124 x 72
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024

Multi Family

  • Annual Operating Expense: 29400

Map

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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
12/08/2025 12/08/25 For Sale $140,000 0.0% $63 / Sq Ft
11/30/2025 11/30/25 Off Market $140,000 -- --
05/29/2025 05/29/25 For Sale $140,000 -- $63 / Sq Ft
Source: NoCoast MLS

Source: NoCoast MLS

MLS Number: NOC6328245

NoCoast MLS