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    311 Avenue C N Washington, IA 52353

    For Sale
    $140,000

    Multi Family - IA

    Property size:
    1,664 SF
    Days on Market:
    21
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 311 Avenue C N

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    R - Residential
    APN
    1117163005
    Parking features
    Off Street, On Street
    Size
    1,664 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1890
    Building materials
    Frame
    Architectural style
    Other

    RE/MAX Affiliates (319) 333-1213 [email protected]

    Listing agent Peter Schwartz (319) 333-1213

    Listing date Nov 16, 2025

    MLS# 202506534 Listing URL

    Copyright © 2025 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.

    Overview

    Washington Duplex Investment Opportunity

    This duplex in Washington presents an investment opportunity. Constructed in 1890, the property contains two separately metered units, each with private entrances at the front. Unit 1 features a 3-bedroom, 1-bath layout situated entirely on the main floor, with access to a small unfinished basement. Unit 2 includes a main-level entryway and living space, with the kitchen, bedroom, and bathroom located upstairs. Both units are currently tenant-occupied on month-to-month leases, providing immediate cash flow. The property offers walkable access to downtown Washington’s shops, restaurants, and schools. Each tenant is responsible for their own apartment's electric, gas, and water. The property size is 1664 square feet. The zoning is R - Residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sunny 7 Investigators Investment Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Washington
    State
    Iowa
    Longitude
    -91.695689
    Latitude
    41.301827

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    FAQs

    What type of property is this?
    Duplex - Duplex with two units, tenant-occupied, walkable to downtown.
    Where is this duplex located?
    The property is located at 311 Avenue C N Washington, IA.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Duplex with two separately metered units, offering immediate cash flow potential.; - Tenant-occupied units on month-to-month leases provide flexibility for investors or owner-occupants.; - **Prime location with walkable access to downtown Washington's shops, restaurants, and schools.**
    (319) 333-1213
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    311 Avenue C N Washington, IA 52353
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    Washington, IA 52353
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    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
    311 Avenue C N Washington, IA 52353
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