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2515 N 3RD Street Clinton, IA 52732

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For Sale
Under Contract
$385,000

MULTI_FAMILY - Clinton, IA

Added:
Sep 24, 2025
Days on Market:
190
Last Refresh:
Apr 1 at 7:06 am

Property Features for 2515 N 3RD Street

General Information

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

Taxes and HOA fees

TaxYear
2024
TaxDescription
BUELLS ELIJAH ADDN LOT 12 BLK 2 RG 8 & BUELLS ELIJAH ADDN S 60' OF LOT 11 BLK2 RG 8
TaxAnnualAmount
4998

Utilities

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

Building Details

Year built
1974
Number of units
8
Roof type
Shingle

We can help!

Listing Contact
Monica Laufenberg

Listing agent Monica Laufenberg License #S39064000/475.128496

Listing office Coldwell Banker Howes & Jefferies REALTORS 345 5th Avenue South, Clinton, IA

Listing date Sep 24, 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 Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Skin Care Clinic

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

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 Street 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.
More about this property
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