208 S Main Street, Baxter, IA 50028
MULTI_FAMILY - Ranch - Baxter, IA
- Added:
- Jun 30, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 9 at 5:06 am
Property Features for 208 S Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- R
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 5
- Parking features
- Garage
- Standard status
- Active
- APN
- 0214153032
- Size
- 2,616 SF
Taxes and HOA fees
- Tax Description
- ORIGINAL PLAT PARCEL C WITHIN LOTS 13, 14, 15 & S 1/2 OF ALLEY BLK 4
- Tax Annual Amount
- 5801
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2018
- Floors in Building
- 1
- Number of units
- 2
- Architectural style
- Ranch
Listing agent Heather Schmidt (515) 729-4735
Listing office RE/MAX Precision 709 SW 3rd Street, Clive, IA (515) 223-9492
Listing date Jun 30, 2026
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Ranch‑style duplex with 3 bedrooms and 1 full bath on each side
- Attached single‑stall garage on each side
- Single‑level living with a functional layout
- Heating: natural gas forced air; cooling: central air
- Public water and public sewer
- Available for purchase individually or as a package
Overview
The property is located at 208 S Main Street in Baxter, Iowa, within Jasper County. It is offered as a duplex for sale, with the option to purchase individually or as part of a package.
The layout is well suited for a variety of residential income and owner-occupant strategies, including living in one unit while renting the other. With consistent unit design and attached garages on both sides, the property offers practical maintenance considerations and a straightforward tenant-ready configuration for prospective buyers looking to add a low-maintenance duplex to their residential portfolio. All information is as reported by the seller and public records.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.7k | $10.20 |
| − Vacancy | −$2.2k | −$0.84 |
| EGI | $24.5k | $9.36 |
| − OpEx | −$7.3k | −$2.81 |
| NOI | $17.1k | $6.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baxter
- County
- Jasper
- State
- Iowa
- Longitude
- -93.152392
- Latitude
- 41.827994
