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    400 Long Ave Lost Nation, IA 52254

    Sponsored
    For Sale
    Under Contract
    $94,500

    DUPLEX, 2 Story - Lost Nation, IA

    Type:Duplex
    Property size:
    2,868 SF
    Days on Market:
    6
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 400 Long Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active Under Contract
    Zoning
    Residential
    Rooms
    Basement
    APN
    5001930000
    Parking
    2
    Parking features
    None, Off Street, On Street
    Basement Y/N
    1
    Appliances
    Dishwasher, Range, Refrigerator, Washer
    Size
    2,868 SF

    Taxes and HOA fees

    Expense value
    595
    Expense
    Security Deposit

    Utilities

    Heating system
    Forced Air
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1890
    Number of units
    2
    Roof type
    Composition, Shingle
    Architectural style
    Other

    Nemmers Realty (563) 590-5640 [email protected]

    Listing agent Heather Hafner (563) 872-3490

    Listing date Jan 3, 2026

    MLS# 153617 Listing URL

    Copyright © 2026 East Central Iowa 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

    Lost Nation Duplex with Garage

    This two-story duplex in Lost Nation, Iowa, presents an opportunity to start or expand an investment portfolio. The main floor unit features 3 to 4 bedrooms, 1 bathroom, a dining room, and laundry hookups. Some appliances are included. A new water heater has been installed. The long-term tenant is currently paying $595, which includes water and electricity. The second-floor unit offers 2 bedrooms, 1 bathroom, and an open kitchen and living room area. Laundry hookups are available, and some appliances are included. Improvements have been made, including new flooring, fans, and trim. The unit is ready for a tenant and could generate $750 in monthly rent plus utilities. The property includes a decent-sized yard and a 2-car garage. New shingles were installed in 2020. The property size is 2868 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Hair Salon Nail Salon Storage Facility Convenience Store Bar & Pub Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lost Nation
    County
    Clinton
    State
    Iowa
    Longitude
    -90.816952
    Latitude
    41.964086

    FAQs

    What type of property is this?
    Duplex - Two-story duplex in Lost Nation, Iowa with investment potential.
    Where is this duplex located?
    The property is located at 400 Long Ave Lost Nation, IA.
    What is the asking price?
    The asking price for this property is $94,500.
    What are key features of this property?
    This property features: - Duplex property ideal for investment portfolio.; - Main floor unit has a long-term tenant paying $595/month including water and electric.; - Second floor unit recently renovated with new flooring, fans, and trim, ready for tenant at $750/month plus utilities.
    (563) 590-5139
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    Lost Nation, IA 52254
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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
    400 Long Ave Lost Nation, IA 52254
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