$245,000
SOLD OCT 18, 2024
-- Bed
-- Bath
2,832 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

3 Days on Market

About This Home

As of October 2024

This cash cow investment property offers 6 one bedroom apartments. 5 of the units are occupied with rents ranging from $650-725/month and the 6th is in need of renovation. A new roof was installed in 2024, the building is all electric with each apartment having it's own meter and the house meter for common areas. Although there is some work to be done on this property, it will cash flow from day one, and a savvy investor can get it across the finish line to produce an impressive return!

Last Agent to Sell the Property

Mark Hanwright

Heartland Properties License #B61001000 Listed on: 09/05/2024

Co-Listed By

Hanwright-Edwards Group

Heartland Properties License #00000000000

Last Buyer's Agent

Jeremy Harper

Evolve Realty License #B70308000

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Home Design

  • Composition Roof

Schools

  • Hoover Elementary School
  • Gerald W Kirn Middle School
  • Abraham Lincoln High School

Additional Features

  • 1-Story Property
  • Lot Dimensions are 54x103

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for common area only, water, garbage, electric

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Inspections: City Inspected
  • Miscellaneous: Individual Elec Mtrs, Security Deposit
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Stories: One
  • Appliances: Refrigerator, Stove
  • Features: Other, Private Entrance

Beds/Baths

  • Half Bathrooms: None
  • Full Bathrooms: Six
  • Sleeping Rooms: Six

Exterior Features

  • Roof: Composition
  • Exterior: Stucco

Garage/Parking

  • Garage: None
  • Parking: 1 - 3

Utilities

  • Heat Cooling: Ductless Heat Pump
  • Utilities Paid by Owner: Common Area Only, Water, Garbage, Electric
  • Utilities Paid by Renter: Electric

Schools

  • School District: Council Bluffs
  • Elementary School: Hoover
  • Middle School: Gerald W Kirn
  • High School: Abraham Lincoln
  • Elementary School: Hoover
  • High School: Abraham Lincoln
  • Jr High: Gerald W Kirn
  • School District: Council Bluffs

Lot Info

  • Lot Size: 54x103

Building Info

  • Year Built: 1900
  • Building Sq Ft: 2832.00

Tax Info

  • Current REIDS Year Paid: N/A
  • Gross Taxes: 2660.00
  • Net Taxes: 2660.00
  • Tax Year: 2022

Similar Homes in Council Bluffs, IA

  • 757 1st Ave, Council Bluffs, IA 51501

    $275,000

    • 4 Beds
    • 2 Baths
    • 1,755 Sq Ft
    • 757 1st Ave
    • Council Bluffs, IA

    Habitat for Humanity of Council Bluffs is proud to present Baldwin Court, a new development featuring six 4-bedroom, 2- bathroom townhomes. These spacious homes are designed with comfort, practicality, and affordability in mind, making homeownership achievable for qualified buyers.Benefit from LOW MORTGAGE INTEREST RATES tailored for affordability and up to $75,000 in DOWN PAYMENT ASSISTANCE

    Lyndsay Schaben Better Homes and Gardens Real Estate The Good Life Group

    Section Image
  • 745 1st Ave, Council Bluffs, IA 51501

    $275,000

    • 4 Beds
    • 2 Baths
    • 1,755 Sq Ft
    • 745 1st Ave
    • Council Bluffs, IA

    Habitat for Humanity of Council Bluffs is proud to present Baldwin Court, a new development featuring six 4-bedroom, 2- bathroom townhomes. These spacious homes are designed with comfort, practicality, and affordability in mind, making homeownership achievable for qualified buyers.Benefit from LOW MORTGAGE INTEREST RATES tailored for affordability and up to $75,000 in DOWN PAYMENT ASSISTANCE

    Lyndsay Schaben Better Homes and Gardens Real Estate The Good Life Group

    Section Image
  • 753 1st Ave, Council Bluffs, IA 51501

    $275,000

    • 4 Beds
    • 2 Baths
    • 1,755 Sq Ft
    • 753 1st Ave
    • Council Bluffs, IA

    Habitat for Humanity of Council Bluffs is proud to present Baldwin Court, a new development featuring six 4-bedroom, 2- bathroom townhomes. These spacious homes are designed with comfort, practicality, and affordability in mind, making homeownership achievable for qualified buyers.Benefit from LOW MORTGAGE INTEREST RATES tailored for affordability and up to $75,000 in DOWN PAYMENT ASSISTANCE

    Lyndsay Schaben Better Homes and Gardens Real Estate The Good Life Group

    Section Image
  • 741 1st Ave, Council Bluffs, IA 51501

    $275,000

    • 4 Beds
    • 2 Baths
    • 1,755 Sq Ft
    • 741 1st Ave
    • Council Bluffs, IA

    Habitat for Humanity of Council Bluffs is proud to present Baldwin Court, a new development featuring six 4-bedroom, 2- bathroom townhomes. These spacious homes are designed with comfort, practicality, and affordability in mind, making homeownership achievable for qualified buyers.Benefit from LOW MORTGAGE INTEREST RATES tailored for affordability and up to $75,000 in DOWN PAYMENT ASSISTANCE

    Lyndsay Schaben Better Homes and Gardens Real Estate The Good Life Group

    Section Image
  • 103 S 24th St, Council Bluffs, IA 51501

    $279,000

    • 4 Beds
    • 2.5 Baths
    • 1,723 Sq Ft
    • 103 S 24th St
    • Council Bluffs, IA

    $5000 Seller credit offered towards closing costs or rate buy-down! Introducing a rare opportunity to own one of these newly built row-style homes, designed with convenience and modern living in mind. This unit in this three-home development features 4 bedrooms, 2.5 bathrooms, and a wonderful open floor plan on the main. This phenomenal location provides pedestrian-friendly living, and is 1 block

    Mark Hanwright Heartland Properties

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2025 06/29/25 For Sale $375,000 +53.1% --
10/18/2024 10/18/24 Sold $245,000 0.0% $87 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $245,000 -- $87 / Sq Ft
Source: Southwest Iowa Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southwest Iowa Association of Realtors®

MLS Number: 24-1733

Southwest Iowa Association of Realtors®