$475,000
$75K PRICE DROP

807 3rd St Durant, IA 52747

Estimated payment $3,222/month

-- Bed
-- Bath
7,644 Sq Ft
$62 Price per Sq Ft

About This Home

Opportunity awaits with this 7,644sf multifamily property. Previously operated as a family-owned independent senior living facility, this recently updated property consists of 14 private units and updated common living areas. 13 units are considered studio apartments, and 1 unit is a two-bedroom apartment. The Main floor has a community laundry room and access to a full service elevator. There are two community kitchens located on the main and lowe levels.

Listing Agent

Jake Eikenberry

NAI Ruhl Commercial Company License #S69739000/ 475199521 Listed on: 07/18/2025

NAI Ruhl Commercial Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,708

Year Built

  • Built in 1982

Lot Details

  • 0.66 Acre Lot
  • Property fronts a county road

Home Design

  • 7,644 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Carpet
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 14 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,708

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Ownership Type: LLC
  • Year Built: 1982
  • Estimated Age: 36-50 Years
  • Sale Price Includes: Building,Land
  • Actual Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • OwnerPays: All Utilities
  • Possible Use: Other, Multi-Family

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Frontage Type: County Road

Utilities

  • Cooling: Central Air
  • Water Source: Municipal Water
  • Heat/Ventilation: Forced Air,Gas

Lot Info

  • Lot Size Acres: 0.66
  • Lot Size Sq Ft: 28750
  • Zoning: R-2
  • Property Offered: For Sale Only

Rental Info

  • Tenant Pays: None
  • Board Number: 30

Building Info

  • BuildingAreaTotal: 7644

Multi Family

  • NumberOfUnitsTotal: 14

Tax Info

  • Tax Annual Amount: 8708

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 $10,346 $594,730 $26,440 $568,290
2024 $10,346 $594,730 $26,440 $568,290
2023 $8,708 $518,970 $26,440 $492,530
2022 $7,236 $364,780 $26,440 $338,340
2021 $7,666 $364,780 $26,440 $338,340
2020 $8,296 $351,260 $26,450 $324,810
2019 $8,748 $349,350 $0 $0
2018 $9,044 $349,350 $0 $0
2017 $9,044 $363,660 $0 $0
2016 $10,628 $363,660 $0 $0
2015 $11,194 $363,660 $0 $0
2014 $11,194 $363,660 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2025 07/18/25 For Sale $550,000 +53.2% $72 / Sq Ft
06/01/2017 06/01/17 Sold $359,000 -2.9% -- View Prior Sale
02/24/2017 02/24/17 Pending -- -- --
11/29/2016 11/29/16 For Sale $369,900 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4265504

Midwest Real Estate Data (MRED)

APN: 040016364640050