Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2515 N 3Rd St Clinton, IA 52732

    Sponsored
    For Sale
    Under Contract
    $385,000

    MULTI_FAMILY - Clinton, IA

    Days on Market:
    24
    Last Refresh:
    Jan 9 at 12:06 pm

    Property Features for 2515 N 3Rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    8605100000/8605090000
    Parking
    8

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1974
    Number of units
    8
    Roof type
    Shingle

    Howes & Jefferies Realtors (563) 242-3265 [email protected]

    Listing agent Monica Laufenberg

    Listing date Dec 17, 2025

    MLS# QC4267739 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Clinton Multifamily Investment Opportunity

    This multifamily property in Clinton, Iowa, presents an income opportunity with two separate buildings located at 2515 and 2517 North 3rd Street. The property features eight units, with most being 2-bedroom units and one 1-bedroom unit, each with 1 full bathroom. Rents range from $700 to $800 per unit. Each unit is equipped with central air, its own furnace, electric meter, and water heater. Five of the units have been recently updated. The roofs were replaced approximately in 2015. The property includes a private driveway leading to a tenant parking lot. All electric utilities are paid by the tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Clinton
    State
    Iowa
    Longitude
    -90.182702
    Latitude
    41.875052

    Nearby Similar for Sale

    • $115,000

      Versatile Duplex with Income Potential

      Well-maintained duplex with flexible living options and a 3-car garage.
      633 4Th Ave South, Clinton, IA 52732
      View Details
    • $645,000

      Clinton Multifamily Investment Opportunity

      Multifamily property with updates and potential for high ROI.
      431 5Th Ave South, Clinton, IA 52732
      View Details
    • $110,000
      0.16 Acres

      Banquet/Bar/Restaurant on Highway 67

      Banquet/bar/restaurant on high traffic US Highway 67.
      222 S 2Nd St, Clinton, IA 52732
      View Details
    • $94,900
      0.16 Acres

      Commercial Property with Apartment, Clinton

      Commercial shop with apartment in high-traffic Clinton, Iowa area.
      1802 Camanche Ave, Clinton, IA 52732
      View Details
    • $99,900
      Pending

      Retail/Office Space on Camanche Avenue

      High visibility retail/office space on Highway 30/67.
      1630 Camanche Ave, Clinton, IA 52732
      View Details
    • $100,000
      0.15 Acres

      Clinton Iowa Tri-Plex For Sale

      Tri-Plex income property near Downtown Clinton, Iowa.
      519 4Th Ave South, Clinton, IA 52732
      View Details
    • $122,000
      0.12 Acres

      Commercial Building on N 2nd

      Commercial building with warehouse space on a busy street.
      110 N 2Nd St, Clinton, IA 52732
      View Details
    • $2,230,000
      1.64 Acres

      Clinton Commercial Condominiums For Sale

      Four commercial condominiums ideal for distribution, office, or retail.
      2301 Manufacturing Dr, Clinton, IA 52732
      View Details
    • $79,000
      0.04 Acres

      Commercial Building in Lyon's District

      Commercial building with updated features in Clinton, Iowa's Lyon's district.
      208 Main Ave, Clinton, IA 52732
      View Details
    • $2,000,000
      2.38 Acres

      Clinton Industrial Facility For Sale

      State-of-the-art industrial facility in Lyons Business and Technology Park.
      1310 19Th Ave Northwest, Clinton, IA 52732
      View Details
    • $65,000
      Pending

      Turn-Key Service Shop in Clinton

      Centrally located service shop with visible signage on high traffic street.
      201 N 3Rd St, Clinton, IA 52732
      View Details
    • $59,000
      0.07 Acres

      Retail Property in Lyons District

      Retail property with existing tenant in Clinton, Iowa.
      2323 N 2Nd St, Clinton, IA 52732
      View Details

    FAQs

    What type of property is this?
    Apartment building - Eight-unit multifamily property in Clinton, Iowa with updated units.
    Where is this apartment building located?
    The property is located at 2515 N 3Rd St Clinton, IA.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - 8-unit income property with strong rental income potential ($700-800 per unit).; - All electric utilities are paid by tenants, reducing owner expenses.; - Each unit has its own furnace, electric meter, and water heater.
    (563) 242-3265
    Request Owner's contact information
    2515 N 3Rd St Clinton, IA 52732
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2515 N 3Rd St
    Clinton, IA 52732
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2515 N 3Rd St Clinton, IA 52732
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.