$149,000

557 6th Ave S Clinton, IA 52732

Estimated payment $882/month

Total Views 120
5 Beds
-- Bath
2,950 Sq Ft
$51 Price per Sq Ft

About This Home

Welcome to a well-cared-for triplex that offers dependable income and low-maintenance ownership—perfect for both new investors entering the market and seasoned buyers seeking strong cash flow. 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 gross 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 with a low-down-payment loan.

Listing Agent

Brian Thomas

Ruhl&Ruhl REALTORS Clinton Brokerage Phone: 563-441-1776 License #S73326000 Listed on: 12/15/2025

Ruhl&Ruhl REALTORS Clinton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 1900

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Level Lot

Home Design

  • 2,950 Sq Ft Home
  • Stone Foundation
  • Shingle Roof
  • Wood Siding

Parking

  • 3 Parking Spaces
  • Alley Access

Schools

  • Clinton High School

Additional Features

  • 5 Bedrooms
  • Heating System Uses Natural Gas
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 80-2000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,188

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1900
  • New Construction: No
  • Structure Type: Apartment Building
  • Attribution Contact: Customer: 563-441-1776
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: Level
  • Construction Type: Wood Siding
  • Foundation Details: Stone
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access
  • Total Parking Spaces: 3

Utilities

  • Heating: Natural Gas
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Clinton High

Lot Info

  • Lot Size Acres: 0.161
  • Lot Size: 50x140
  • Parcel #: 80-2000-0000

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1188
  • TaxExemptions: None

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
2020 $1,430 $51,780 $8,750 $43,030
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2025 12/15/25 For Sale $149,000 +282.1% --
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
Source: RMLS Alliance

Purchase History

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: QC4270061

RMLS Alliance

APN: 80-2000-0000