$120,000
SOLD MAY 7, 2026

518 Central Ave E Hampton, IA 50441

-- Bed
-- Bath
2,224 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: May 7, 2026

$54 Per Sq Ft

14% Below List Price

299 Days on Market

About This Home

As of May 2026

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.

Last Agent to Sell the Property

Kent Mollenbeck

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

Last Buyer's Agent

Brad Staley

Staley Real Estate License #***

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

9,148 Sq Ft Lot

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

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2026 05/07/26 Sold $120,000 -14.3% $54 / Sq Ft
03/24/2026 03/24/26 Pending -- -- --
03/03/2026 03/03/26 For Sale $140,000 +16.7% $63 / Sq Ft
03/01/2026 03/01/26 Off Market $120,000 -- --
12/08/2025 12/08/25 For Sale $140,000 +16.7% $63 / Sq Ft
11/30/2025 11/30/25 Off Market $120,000 -- --
05/29/2025 05/29/25 For Sale $140,000 -- $63 / Sq Ft
Source: NoCoast MLS

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6328245

NoCoast MLS
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