$145,000
SOLD JUN 30, 2025

915 3rd St Allison, IA 50602

8 Beds
4 Baths
1,632 Sq Ft
0.83 Acres

Recently Sold

$89 Per Sq Ft

4 Days on Market

Highlights

  • Laundry Room
  • Baseboard Heating
  • Garage

About This Home

As of June 2025

This split-level fourplex offers four 2-bedroom, 1-bathroom units—two on the lower level and two above. Each unit has separate utilities, and tenants have access to a shared, coin-operated laundry facility on the lower level, installed just two years ago. Each unit includes a dedicated garage stall, with additional parking available in the gravel lot at the front of the property. The building has a stable rental history, with two tenants having occupied their units for over 20 years and the remaining two for more than five years. Conveniently located near the local swimming pool, school, and ball fields, this property offers a practical option for those looking to add to their rental portfolio.

Last Agent to Sell the Property

David Kelm

Century 21 Signature Real Estate-Waverly License #B42023 Listed on: 06/01/2025

Century 21 Signature Real Estate-Waverly

Last Buyer's Agent

Jolene Sullivan

Century 21 Signature Real Estate-Waverly License #S621300

Century 21 Signature Real Estate-Waverly

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,455

Year Built

  • Built in 1977

Lot Details

  • 0.83 Acre Lot

Home Design

  • Split Foyer
  • Concrete Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Parking

  • Garage
  • 10 Open Parking Spaces

Schools

  • North Butler Elementary And Middle School
  • North Butler High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 0625178010

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $180
  • Gross Income $1,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,455

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Parcel Number: 0625178010
  • Year Built: 1977
  • Property Sub-Type: Quadruplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Laundry Room, Lower Level
  • Lot Size Acres: 0.827
  • Road Frontage Type: Gravel
  • Co List Office Phone: 319-352-1157
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1632
  • Architectural Style: Split Foyer
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Total Bedrooms: 8
  • Below Grade Sq Ft: 1632

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 10
  • Parking Features: Garage, Gravel, Parking Pad, Detached

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Utilities: Elec Individual Meters, Water - Multiple Meters
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 180

Schools

  • Elementary School: North Butler
  • High School: North Butler
  • Middle Or Junior School: North Butler

Lot Info

  • Zoning: R-1
  • Lot Dimensions: Irreg
  • Lot Size Sq Ft: 26002

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Month To Month

Multi Family

  • Gross Income: 1625
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3454.57

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $145,000 0.0% $89 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
06/01/2025 06/01/25 For Sale $145,000 -- $89 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

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 $2,294 $140,180 $32,400 $107,780
2024 $2,294 $131,750 $32,400 $99,350
2023 $2,052 $131,750 $32,400 $99,350
2022 $2,296 $105,760 $32,400 $73,360
2021 $2,296 $105,760 $32,400 $73,360
2020 $2,548 $105,760 $32,400 $73,360
2019 $2,806 $105,760 $0 $0
2018 $3,006 $98,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20252546

Northeast Iowa Regional Board of REALTORS®

APN: 0625178004