52401, IA homes for sale & real estate

52401, IA Homes for Sale

Excellent income-producing true multifamily property with a desirable low unit count. All units are spacious 2-bedroom, 1-bath layouts featuring open-concept designs and oversized kitchens. Each unit includes a dishwasher, full appliance package, central air, and central heat, with many units recently updated. Proximity to downtown, NewBo, Kirkwood, and highway access drives strong rental demand. Each unit includes a dedicated parking space near the owner-provided dumpster. Electric and gas are separately metered, with the owner responsible only for common-area lighting and gas for the common-area water heater. The building features a metal roof, vinyl windows, security cameras, and on- and

52401, IA Homes for Sale

A truly unique value-add investment opportunity with clear paths to achieving a valuation exceeding $700,000. The property features six residential rental units and two commercial spaces. All six residential units are currently leased, with significant potential for rent increases, while the lower level remains vacant—offering a new owner flexibility in determining the best renovation strategy. Potential uses include additional residential units, tenant storage, a shared washer/dryer facility, commercial leased space, or a combination of these options. Electrical fuse panels have been upgraded to modern breaker panels, improving safety and insurability. Additionally, the flat roof pro

52401, IA Homes for Sale

This duplex offers excellent flexibility for a new owner with existing leases in place. One unit features a newly signed one-year lease at $1,575 per month, while the second unit—occupied by a long-term tenant of over 10 years—currently rents for $525 per month. The lower-rent unit presents a strong value-add opportunity and could be converted into a furnished rental for traveling nurses or data-center professionals to significantly increase cash flow. The property sits high on the lot, providing excellent water drainage away from the foundation. The owner currently covers utilities; however, an additional value-add opportunity exists by separating the electric meters, finishing

52401, IA Homes for Sale

ACCEPTED OFFER will continue to show for back up offers. This updated and completely turnkey 2-story home offers comfortable, practical living with room to grow. The main floor features a spacious eat-in kitchen and a convenient main-level bedroom, while three additional bedrooms are located upstairs. With four total bedrooms and a full bathroom, the layout offers flexibility for a variety of living needs. Outside, you’ll find off-street parking with alley access, a backyard deck perfect for relaxing or entertaining, and a storage shed for added convenience. Thoughtful updates throughout make this home truly move-in ready. This home is being sold by the Affordable Housing Network and