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$139,000
Est. payment /mo
4 Beds
2 Baths
2,080 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,080 sqft
Price per Sqft $66
MLS Listing ID 835283
Bedrooms 4
Full Baths 2
Year Built 1910
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Multi-Unit
Property Description
1609 Jones Street presents a duplex investment opportunity featuring two, 2-bedroom, 1-bath units. The upper unit is currently occupied, while the vacant lower unit is ready for renovation, providing immediate value-add potential. Tenants are responsible for gas and electric utilities through MidAmerican Energy, while ownership pays water. Investors have the opportunity to increase rental income and overall property value through rehab and lease-up of the lower unit. This property can be bought as a portfolio along with 1519 Jones, 1521 Jones, and 1522-1524 Jones for $500,000. ***Square footage is approximate. Buyer to verify
Location
State IA
County Woodbury
Area Midtown
Zoning NC 5
Multi-Unit Info
Total Units 2
Unit 1 Information SqFt: 1040; Bedroom: 2; Bathroom: 1; FullBath: 1
Unit 2 Information SqFt: 1040; Bedroom: 2; Bathroom: 1; FullBath: 1
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Listed by NAI United
Nearby School & Business
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