For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Income-Producing 6-Plex Near Downtown Title is generated by Realmo AI

    306 Haskell St., Fort Dodge, IA 50501

    View on Map
    Claim this Listing
    Pending
    $314,900

    MULTI_FAMILY - Fort Dodge, IA

    Property size:
    3,250 SF
    Lot size:
    0.64 Acres
    Added:
    Mar 10, 2026
    Days on Market:
    95
    Last Refresh:
    Jun 12 at 1:06 am

    Property Features for 306 Haskell St.

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    11
    Bathrooms
    6
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 9, Bedroom 4, Bathroom 4, Bathroom 5, Bedroom 10, Bathroom 1, Bathroom 2, Bathroom 6, Bedroom 2, Bedroom 6, Bedroom 7, Bedroom 8, Bathroom 3, Bedroom 11
    Parking
    12
    Vegetation
    Wooded
    Exterior features
    Gravel Drive, Wooded
    Standard status
    Pending
    Size
    3,250 SF
    Lot size
    0.64 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5340

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Hot Water(Heating)
    Cooling system
    Window Unit(s), Wall Unit(s)
    Water source
    Public

    Building Details

    Number of units
    6
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Kyle Olson

    Listing agent Kyle Olson

    Listing office EXIT Country Realty 321 Central Avenue, Moorland, IA

    Listing date Mar 10, 2026

    MLS# 29728 Listing URL

    Copyright © 2026 Fort Dodge Board 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.

    HighLights

    • Income‑producing 6‑plex with 5 two‑bedroom units and 1 one‑bedroom unit
    • Wooded setting with views overlooking a nature trail
    • Public utilities: public water and public sewer
    • On‑site laundry on the property for tenant convenience
    • Large parking lot, plus an additional lot to the east for potential expansion
    • Heating: natural gas and hot water heat; cooling includes window and wall units; roof is asphalt

    Overview

    This income-producing 6-plex features a high occupancy rate and is situated close to downtown. The property includes five 2-bedroom units and one 1-bedroom unit, all described as spacious. The location offers a wooded view overlooking the nature trail and is near the new Rivers Edge Discovery Center. On-site laundry facilities provide tenants with a convenient way to wash clothes and generate additional income. A large parking lot offers ease of use, and an additional lot to the east provides expansion possibilities. The property is located in Fort Dodge, Iowa, within Webster County. The lot size is approximately 0.64 acres, and the property size is 3,250 square feet. The zoning is residential.

    Local Financial Insights For Apartment 5plus

    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 $47.2k $14.52
    − Vacancy −$3.0k −$0.91
    EGI $44.2k $13.61
    − OpEx −$19.9k −$6.12
    NOI $24.3k $7.48
    3,250 SF · lease $14.52/SF/yr · vacancy 6.30% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $347.4K
    $304.0K – $405.3K (±1% cap)
    NOI $24,319 @ 7.0% cap · market cap 7.72%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $585.7K
    $512.5K – $683.3K (±1% cap)
    NOI $40,997 @ 7.0% cap · market cap 13.02%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Dodge
    County
    Webster
    State
    Iowa
    Longitude
    -94.194251
    Latitude
    42.506467

    FAQs

    What type of property is this?
    Apartment building - Spacious 6-plex with high occupancy and additional expansion lot.
    Where is this apartment building located?
    The property is located at 306 Haskell St. Fort Dodge, IA.
    What is the asking price?
    The asking price for this property is $314,900.
    What are key features of this property?
    This property features: Income‑producing 6‑plex with 5 two‑bedroom units and 1 one‑bedroom unit; Wooded setting with views overlooking a nature trail; Public utilities: public water and public sewer
    More about this property
    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