$140,000

518 Central Ave E Hampton, IA 50441

Estimated payment $876/month

Total Views 8,748
-- 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
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
Iowa Franklin County Hampton 50441

518 Central Ave E, Hampton, IA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NoCoast MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Kent Mollenbeck
Section Image
Staley Real Estate
(641) 931-4362