OFF MARKET

Off Market Mar 2025 for $365K

—

Est. refi paymentEst. refi $1,046/mo

—

•

— ba

•

5,108

sq ft

420 Water St, Center Point, IA 52213

About this home

Hard to find 8 plex in Center Point IA. This property has one large 2 bedroom unit, three regular 2 bedroom units, and four 1 bedroom units. It also has a 1 stall garage. This building has great rental history. Tenants have been long term and the owner-manager has done a very good job placing tenants. Currently all but one apartment are occupied and the final apartment is undergoing renovations. Tons of updates and Capex improvements have been made by the current owner. This includes new kitchens, bathrooms, fixtures, etc. There is a laundry room on site that is plumbed and wired for two washers and two dryers. The owner was planning on installing a Shinepay/Smart Coin Box type system. Between the below market rents and the laundry addition this property has plenty of room to increase monthly income!"

Multi-familyProperty Type

1948Year Built

0.58 acresLot Size

$71Price/Sq.Ft.

Listed by Nick Wallraff • KW Red Heartland

Bought with Ron Pollard • Pinnacle Realty LLC

Redfin checked: 3 minutes ago

•Source:CRAAR, CDRMLS #2403461

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 52213, IA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.4%

0.0% MoM

Median sale price

$325K

$73K MoM

Avg. days on market

67d

0 days MoM

Recently sold homes

6 MoM

New listings for sale

FOR SALE BY OWNER
$250,000
3 beds3 baths1,408 sq ft
210 Water St, Center Point, IA 52213
FOR SALE BY OWNER
$470,000
4 beds3 baths1,920 sq ft
100 S Hillcrest Cir, Center Point, IA 52213
See all

Provided by Redfin

Sale history for 420 Water St

Date

Event

Price

CRAAR, CDRMLS #2403461

Mar 7, 2025

Sold

$365,000

$71/sq ft

Feb 6, 2025

Pending

—

Dec 6, 2024

Price Changed

$375,000

$73/sq ft

Oct 23, 2024

Relisted

—

Oct 6, 2024

Delisted

—

Sep 15, 2024

Relisted

—

Sep 5, 2024

Delisted

—

May 17, 2024

Listed

$395,000

$77/sq ft

Public Records

Apr 4, 2022

Sold

$190,000

$37/sq ft

CRAAR, CDRMLS #2001962

Jul 24, 2020

Sold

$230,000

$45/sq ft

Mar 16, 2020

Listed

$229,950

$45/sq ft

Public Records

Dec 29, 2005

Sold

$155,000

$30/sq ft

Tax history for 420 Water St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.58 Acres

Year renovated

—

Sq. Ft.

5,108

Year built

—

Style

Other

County

Linn County

APN

05094-29006-00000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 2, 2023.

Property details

Parking

Parking/Garage Information
Has Garage

Interior

Virtual Tour

Interior Features
Interior Features: Storage

Exterior

Building Information
Construction Materials: Frame

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Family

Lot Information
Lot Size : 0.579
Lot Size Dimensions: 25200
Lot Size Area: 0.579
Lot Size Units: Acres
Lot Size Acres: 0.579

Financial

Tax Information
Tax Annual Amount: $4,635

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

Schools Information
Elementary School: CenterPt/Urbana
Middle Or Junior School: CenterPt/Urbana
High School: CenterPt/Urbana

Location Information
Directions: North on 380, Take Center point exit north onto Lewis Access Rd., Turn left onto Water St.

Public facts

Beds: —
Baths: —
Sq. Ft.: 5,108
Stories: —
Lot Size: 0.58 acres
Style: Other
Year Built: —
Year Renovated: —
County: Linn County
APN: 05094-29006-00000

Home facts updated by county records on Oct 2, 2023

Other

Listing Information
List AOR: CedarRapidsAreaAssociationOfRealtors

Around this home

Schools

Center Point-Urbana Primary School

Public PreK-2 • Assigned • 0.3mi

Center Point-Urbana Middle School

Public 6-8 • Assigned • 0.2mi

9/10

Center Point-Urbana High School

Public 9-12 • Assigned • 0.5mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 103° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Center Point, IA • 52213

Average low and high temperatures (°F)

Jan

Feb

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Apr

May

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Jul

Aug

Sep

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Nov

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Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Sell confidently with a local market expert in Center Point. 3 minutes to get started.

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New listings for sale in 52213

FOR SALE BY OWNER

$250,000

3 beds3 baths1,408 sq ft

210 Water St, Center Point, IA 52213

FOR SALE BY OWNER

$470,000

4 beds3 baths1,920 sq ft

100 S Hillcrest Cir, Center Point, IA 52213

Home values near 420 Water St

Data from public records.

Address	Redfin Estimate
503 Water Street, Center Point, IA 4 Beds \| 2.5 Baths \| 1726 Sq. Ft.	$240,110
522 Water Street, Center Point, IA 4 Beds \| 2 Baths \| 1380 Sq. Ft.	$148,212

Address	Redfin Estimate
409 Water Street, Center Point, IA 5 Beds \| 2 Baths \| 1556 Sq. Ft.	$246,958
315 Water Street, Center Point, IA 2 Beds \| 1 Baths \| 837 Sq. Ft.	$99,723

Address	Redfin Estimate
309 Water Street, Center Point, IA 3 Beds \| 2 Baths \| 1710 Sq. Ft.	$213,027
520 Water Street, Center Point, IA 3 Beds \| 2 Baths \| 1778 Sq. Ft.	$186,687

Property information provided by CRAAR, CDRMLS when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 52213, IA

Sale history for 420 Water St

Tax history for 420 Water St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 52213

Home values near 420 Water St

More real estate resources