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Residential Land in Established Neighborhood
For Sale
$43,000

2 Lots E 5th St, Tipton, IA 52772

LAND - Tipton, IA

Property SizeContact for details
Lot Size0.37 Acres
Days on Market294

Property Features for 2 Lots E 5th St

General Information

Property type Land
Property subtype Other
Zoning RES
Elementary school Tipton
Middle school Tipton
Directions Hwy 38/Cedar St to 5th St, E to property
Subdivision NEQuadrant
Standard status Active
APN 048011062050060/04801106250070
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2021
Tax Annual Amount 420
Listing Agency: Cornerstone Real Estate Consultants
Listed By: Teresa Horton · License #B41734000
Added: Oct 28, 2025 Changed: Jun 30 Last Checked: Aug 17 at 3:06AM
MLS# 202506676

Copyright © 2026 Iowa City Area Association of REALTORS®. 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.

This property features two lots available for the price of one in an established neighborhood with mature trees and tree-lined streets. Located near Tipton's 'Boulevard', City Park, school, Aquatic Center, and shopping, the land offers convenient access to local amenities. The city of Tipton is offering a 100% property tax reduction for up to 7 years, subject to city qualifications and details. The combined lot size is 0.37 acres. The zoning is residential.

Key Highlights

  • Two building lots for the price of one.
  • Potential for 7 years of property tax reduction.
  • Located in an established neighborhood with mature trees.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Bakery Law Firm Skin Care Clinic Furniture & Home Goods Garden Center

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

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby

Demographics for 52772, IA

5,129
Population
2,334
Households
2.2
Avg Household Size
45
Median Age
20%
College-Educated
95%
High-School Grad
130.2 sq mi
ZIP Area
39
Density / Sq Mi
$80,997
Median Household Income
$49,820
Median Earnings
$812
Median Rent
$213,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Two lots near park, school, and aquatic center.
Where is this land located?
The property is located at 2 Lots E 5th St Tipton, IA.
What is the asking price?
The asking price for this property is $43,000.
What are key features of this property?
This property features: Two building lots for the price of one.; Potential for 7 years of property tax reduction.; Located in an established neighborhood with mature trees.
More about this property
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