REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jill Sorrellof Mel Foster Co. Clinton
$ 245,000
Est. payment | /mo
0.25 Acres Lot
$ 245,000
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12581962
Year Built 1980
Annual Tax Amount $3,196
Tax Year 2024
Lot Size 10,890 Sqft
Property Sub-Type Multi Family 5+
Property Description
Expand Your Investment Portfolio with This 5-Unit Apartment Complex. Don't miss this excellent opportunity to own a well-maintained 5-unit apartment building with numerous recent updates. Over the past two years, the property has seen significant improvements, helping to reduce future maintenance costs and increase tenant appeal. Recent upgrades include: 3 new furnaces, 2 new water heaters, 4 fully remodeled bathrooms, new toilets, faucets, exterior doors and 7 new windows. With most major mechanical systems and interior updates already completed, this property is primed for steady cash flow and long-term growth. Whether you're adding to your portfolio or starting your investment journey, this is a smart addition with solid upside potential. 48 hour notice needed.
Location
State IA
County Clinton
Interior
Cooling Central Individual
Fireplace N
Exterior
View Y/N true
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.