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Listed by Lisa Marie Pringle Better Homes and Gardens Real Estate The Good Life Group
$ 275,000
Est. payment | /mo
3,303 SqFt
$ 275,000
Est. payment | /mo
3,303 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,303 sqft
Price per Sqft $83
MLS Listing ID 26-2398
Year Built 1900
Property Sub-Type Triplex
Source Southwest Iowa Association of REALTORS®
Land Area 3303
Property Description
Well-kept 3-unit investment property with $82,000+ in improvements since 2022: new roof (2025), HVAC (2022), upper windows (2024), mini-split AC (2026) and water heaters. Remodeled upper unit: 2 bed, 1 bath, gas range and dishwasher; currently operates as a furnished mid-term rental on monthly leases, furniture included. Main-level 2 bed, 1 bath with large eat-in kitchen, front porch and a 10+ year tenant. Lower-level studio with breakfast bar, sitting room and large laundry/storage room. Each unit has its own kitchen, bath and laundry. Recently passed city inspection. Rents total $2,880/mo ($34,560/yr); main and lower units are month-to-month. Built c. 1900 on a 0.20-acre lot with 1-car garage, off-street parking and storage shed.
Location
State IA
County Pottawattamie
Interior
Heating Forced Air
Cooling Central Air
Appliance Refrigerator, Dryer, Washer, Dishwasher, Stove
Exterior
Roof Type Composition
Building
Story 2
Schools
Elementary Schools Hoover
Middle Schools Gerald W Kirn
High Schools Abraham Lincoln