557 6th Ave S Clinton, IA 52732
Estimated payment $787/month
About This Home
Welcome to a well-cared-for triplex that offers dependable income and low-maintenance ownership. Located close to major employment centers, shopping, dining, the YWCA, and the community pool, this property consistently attracts renters looking for convenience and accessibility. With a current monthly income of $2,000, plus long-term tenants in two units and a newly placed tenant at $800/month, this building provides immediate revenue with room for upside. Utilities are simple, with water averaging $50/month, sewer $99/month (including trash), and the common area electric averaging only $25/month. Gas is billed back to tenants via RUBS, keeping owner expenses predictable. The property has been well-maintained over the years, benefiting from less deferred maintenance compared to similar buildings. Recent updates include fresh interior paint throughout-Unit 3 received a full repaint-as well as new bathroom flooring in Unit 3. The exterior has also been completely painted, and the deck was recently replaced (per the city inspector) and newly sealed with wood stain. The roof was inspected during another project and confirmed to be in good condition, with no replacement needed. This is an excellent opportunity for investors looking for a stable, well-kept asset or those considering house hacking.
Listing Agent
Ruhl&Ruhl REALTORS Clinton Brokerage Phone: (563) 495-1741 License #S73326000 Listed on: 12/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,188
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x140
- Level Lot
Home Design
- Stone Foundation
- Vinyl Siding
Interior Spaces
- 2,950 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Full Bathrooms
Parking
- 2 Parking Spaces
- Parking Available
- Alley Access
Utilities
- Heating System Uses Natural Gas
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $300
- Insurance Expense $2,000
- Water Sewer Expense $1,788
- Gross Income $24,000
- Net Operating Income $18,724
Map
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 | $1,188 | $42,140 | $10,060 | $32,080 |
| 2024 | $1,188 | $63,800 | $10,060 | $53,740 |
| 2023 | $1,170 | $63,800 | $10,060 | $53,740 |
| 2022 | $1,302 | $50,540 | $8,750 | $41,790 |
| 2021 | $1,430 | $50,540 | $8,750 | $41,790 |
| 2019 | $1,626 | $51,780 | $0 | $0 |
| 2018 | $1,702 | $51,780 | $0 | $0 |
| 2017 | $1,790 | $51,780 | $0 | $0 |
| 2016 | $1,854 | $51,780 | $0 | $0 |
| 2015 | $1,854 | $51,780 | $0 | $0 |
| 2014 | $1,940 | $51,780 | $0 | $0 |
| 2013 | $2,068 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/22/2026 04/22/26 | Price Changed | $129,000 | -7.2% | $44 / Sq Ft | |
| 02/16/2026 02/16/26 | Price Changed | $139,000 | -6.7% | $47 / Sq Ft | |
| 12/15/2025 12/15/25 | For Sale | $149,000 | +282.1% | $51 / Sq Ft | |
| 02/14/2024 02/14/24 | Sold | $39,000 | -13.1% | $13 / Sq Ft | View Prior Sale |
| 01/17/2024 01/17/24 | Pending | -- | -- | -- | |
| 10/27/2023 10/27/23 | Price Changed | $44,900 | -10.0% | $15 / Sq Ft | |
| 09/25/2023 09/25/23 | For Sale | $49,900 | 0.0% | $16 / Sq Ft | |
| 09/11/2023 09/11/23 | Pending | -- | -- | -- | |
| 08/21/2023 08/21/23 | For Sale | $49,900 | -- | $16 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $39,000 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: QC4270061
APN: 80-2000-0000
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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