Seller's Agent in 2025
Ryan Rohlf
Keller Williams Legacy Group
(515) 442-0625
4 in this area
264 Total Sales
742 S 17th Ave W Newton, IA 50208
--
Bed
2
Baths
2,352
Sq Ft
0.31
Acres
Highlights
- 2 Kitchens
- No HOA
- Storage
- Ranch Style House
- Laundry Room
- Baseboard Heating
About This Home
As of June 2025Discover a fantastic investment opportunity in Newton with this solid income-producing duplex located at 742 S 17th Ave W. This well-maintained property features two spacious 3-bedroom, 1-bath units—each with its own attached 2-car garage, a rare amenity for a multifamily home in the area. Both units are currently tenant-occupied by long-term residents, each paying $850 per month on month-to-month leases, providing immediate cash flow and flexibility for future plans.
Whether you’re an investor looking to add value through cosmetic updates and increase rents, or a buyer wanting to live in one unit while renting out the other, this property offers great potential. For those considering owner-occupancy, this duplex qualifies for FHA, VA, and USDA financing options—provided the buyer resides in one of the units, making it an excellent choice for house hacking or first-time homeownership with income support.
With a total current rental income of $1,700 per month and room to grow, this property offers a strong foundation for building wealth through real estate in a stable and growing community. Don’t miss your chance to own a duplex with great layout, solid structure, and built-in upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,502
Year Built
- Built in 1997
Lot Details
- 0.31 Acre Lot
Home Design
- Ranch Style House
- Block Foundation
- Slab Foundation
- Asphalt Shingled Roof
- Cement Board or Planked
Interior Spaces
- 2 Full Bathrooms
- 2,352 Sq Ft Home
- Storage
Kitchen
- 2 Kitchens
- Stove
- Microwave
Flooring
- Carpet
- Vinyl
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Driveway
Utilities
- Window Unit Cooling System
- Baseboard Heating
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 1304205006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2025
Closed on
Jun 15, 2025
Sold by
Vancleave Zachary and Vancleave Jacqueline
Bought by
Kading Properties Llc
Seller's Agent
Ryan Rohlf
Keller Williams Legacy Group
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,464
Avg. Annual Appreciation
482.26%
Original Mortgage
$180,000
Outstanding Balance
$179,299
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$309,165
Purchase Details
Closed on
Jun 21, 2021
Sold by
Silvan Properties Inc
Bought by
Vancleave Zachary Van and Vancleave Jacqueline Van
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,250
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | None Listed On Document | |
| Warranty Deed | $179,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | Credit Line Revolving | |
| Previous Owner | $134,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $225,000 | -6.2% | $96 / Sq Ft |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | For Sale | $239,900 | -- | $102 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $4,526 | $261,310 | $59,290 | $202,020 |
| 2024 | $4,526 | $238,960 | $59,290 | $179,670 |
| 2023 | $4,502 | $238,960 | $59,290 | $179,670 |
| 2022 | $4,256 | $206,770 | $59,290 | $147,480 |
| 2021 | $4,038 | $191,330 | $59,290 | $132,040 |
| 2020 | $4,038 | $172,180 | $46,700 | $125,480 |
| 2019 | $3,600 | $149,120 | $0 | $0 |
| 2018 | $3,600 | $149,120 | $0 | $0 |
| 2017 | $3,520 | $149,120 | $0 | $0 |
| 2016 | $3,604 | $149,120 | $0 | $0 |
| 2015 | $3,518 | $149,120 | $0 | $0 |
| 2014 | $3,382 | $149,120 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Rohlf
-
Jonathan Curry
J
Seller Co-Listing Agent in 2025
Jonathan Curry
Keller Williams Legacy Group
(515) 451-5386
2 in this area
12 Total Sales
-
OUTSIDE AGENT
O
Buyer's Agent in 2025
OUTSIDE AGENT
OTHER
137 in this area
5,678 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 717065
APN: 13-04-205-006
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