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Five-Unit Brick Apartment Building
For Sale
$195,000

1410 7th Street, Harlan, IA 51537

Commercial Sale, Harlan, IA

Property Size2,688 SF
Lot Size0.15 Acres
Price / SF$72.54
Days on Market58

Property Features for 1410 7th Street

General Information

Property type Commercial Sale
Property subtype Duplex
Parking features Garage - Detached
Subdivision LONGS ADDITION
Directions From Cyclone, take 7th Street south. 1410 is on your left.
Standard status Active
APN 833112070072
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LONGS ADD N 50' LTS 7, 8 & 9 BLK 70
Tax Annual Amount 2428
Legal Description LONGS ADD N 50' LTS 7, 8 & 9 BLK 70

Utilities

Heating system Oil
Water source Public

Building Details

Year built 1941
Number of units 5
Building materials Brick
Listing Agency: Fah Realty Group
Listed By: Jeff Fah
Added: Aug 1 Changed: Sep 8 Last Checked: Sep 27 at 5:06PM
MLS# 6341109

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1941, this two-story brick apartment building contains five one-bedroom, one-bathroom units totaling 2,688 above-ground square feet. The layout includes two units on each above-ground floor and one additional unit at the basement level, with front and rear entrances serving the building. A detached four-stall garage adds dedicated parking and storage capacity for residents.

Four of the five units are currently occupied. The property sits on a 0.15-acre lot near downtown Harlan and is served by public water. Oil heating and brick construction complete the building's primary physical profile.

Key Highlights

  • Five one‑bedroom, one‑bathroom apartment units
  • 2,688 above‑ground square feet across two stories
  • Four of five units currently occupied

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Dental Office Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
80%
Occupancy

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby

Demographics for 51537, IA

6,509
Population
2,893
Households
2.2
Avg Household Size
46
Median Age
24%
College-Educated
94%
High-School Grad
163.8 sq mi
ZIP Area
40
Density / Sq Mi
$62,353
Median Household Income
$40,585
Median Earnings
$854
Median Rent
$161,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story rental property with detached garage parking and convenient access to downtown Harlan.
Where is this apartment building located?
The property is located at 1410 7th Street Harlan, IA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Five one‑bedroom, one‑bathroom apartment units; 2,688 above‑ground square feet across two stories; Four of five units currently occupied
More about this property
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