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Bloomfield Duplex Investment Opportunity
For Sale
$149,000

402 S Columbia Street, Bloomfield, IA 52537

MULTI_FAMILY - Bloomfield, IA

Property Size1,044 SF
Price / SF$142.72
Days on Market123

Property Features for 402 S Columbia Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Full
Directions 402 S Columbia
Standard status Active
APN 01011070
Size 1,044 SF

Taxes and HOA fees

Tax Year 2024
Tax Description ORIG TOWN N 1/2 LOTS 1 & 2 BLOCK 48
Tax Annual Amount 2996
Legal Description ORIG TOWN N 1/2 LOTS 1 & 2 BLOCK 48

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1980
Floors in Building 1
Number of units 2
Building materials Fiber Cement
Listing Agency: Lynch Realty Inc
Listed By: Lincoln Lynch · License #S60347000
Added: Mar 30 Changed: Jul 18 Last Checked: Jul 30 at 5:06PM
MLS# 6336773

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex in Bloomfield, Iowa, presents an investment opportunity. The property is fully occupied with tenants and generates a gross annual income of $17,700. Each of the two units includes 2 bedrooms and 1 bathroom. Tenants are responsible for covering all utility costs. The property has a size of 1,044 square feet.

Key Highlights

  • Fully occupied duplex providing immediate rental income.
  • Generates $17,700 gross annual income.
  • Tenants pay all utilities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon Law Firm Furniture & Home Goods Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

Demographics for 52537, IA

7,248
Population
2,778
Households
2.6
Avg Household Size
37
Median Age
16%
College-Educated
81%
High-School Grad
338.5 sq mi
ZIP Area
21
Density / Sq Mi
$82,713
Median Household Income
$43,826
Median Earnings
$900
Median Rent
$153,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied duplex in Bloomfield, Iowa with strong rental income.
Where is this duplex located?
The property is located at 402 S Columbia Street Bloomfield, IA.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Fully occupied duplex providing immediate rental income.; Generates $17,700 gross annual income.; Tenants pay all utilities.
More about this property
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