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    316 S 16Th St Fort Dodge, IA 50501

    New
    Under Contract
    For Sale
    $54,700

    Income Property, 2 Story - Fort Dodge, IA

    Property size:
    1,824 SF
    Lot size:
    0.06 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 316 S 16Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Basement, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Parking features
    None, On Street
    Basement Y/N
    1
    Appliances
    Refrigerator
    Size
    1,824 SF
    Lot size
    0.06 Acres

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Floors in Building
    2
    Number of units
    2
    Flooring type
    Other
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    Re/Max of Fort Dodge, Inc. (515) 955-3828 [email protected]

    Listing agent Edward Johll (515) 955-3828

    Listing date Dec 5, 2025

    MLS# 26563 Listing URL

    Copyright © 2025 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.

    Overview

    Fort Dodge Income Property

    This two-story income property, located in Fort Dodge, Iowa, presents an investment opportunity. The property includes updates and features a long-term tenant. The building has a size of 1824 square feet and is situated on a lot of 0.06 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    Fort Dodge
    County
    Webster
    State
    Iowa
    Longitude
    -94.1763313
    Latitude
    42.5024308

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    FAQs

    What type of property is this?
    Duplex - Two-story income property in Fort Dodge, Iowa.
    Where is this duplex located?
    The property is located at 316 S 16Th St Fort Dodge, IA.
    What is the asking price?
    The asking price for this property is $54,700.
    What are key features of this property?
    This property features: - Long-term tenant already in place providing instant income.; - Budget-friendly property offering great value.; - Includes a refrigerator.
    (515) 955-3828
    Request Owner's contact information
    316 S 16Th St Fort Dodge, IA 50501
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    Fort Dodge, IA 50501
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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
    316 S 16Th St Fort Dodge, IA 50501
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