Three-Unit Multifamily
For Sale
$130,000
404 Third Street, Clearfield, IA 50840
Residential Income, Clearfield, IA
Property SizeContact for details
Lot Size0.29 Acres
Days on Market140
Property Features for 404 Third Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Standard status
Active
Lot size
0.29 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Amenities
private parking
shared yard
Building Details
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
Preferred Properties of Iowa, Inc.
(641) 333-2705
Listed By:
Maury Moore
(712) 621-1455
Added: Apr 29
Changed: Sep 4
Last Checked: Sep 15 at 3:06PM
MLS# 11878426
Copyright © 2026 My State 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 multifamily property includes three manufactured homes positioned on a shared 0.29-acre parcel. Each residence offers 2 bedrooms and 1 bathroom, creating three distinct rental units within one site. One home features an updated bathroom and newer flooring. Private parking serves each residence, and the shared yard provides common exterior space.
Located at 404 Third Street in Clearfield, Iowa, the property is connected to public water and public sewer. Improvements include vinyl siding, asphalt roofing, and natural gas heat. The three-home configuration combines separate living spaces with shared site infrastructure and a single parcel.
Located at 404 Third Street in Clearfield, Iowa, the property is connected to public water and public sewer. Improvements include vinyl siding, asphalt roofing, and natural gas heat. The three-home configuration combines separate living spaces with shared site infrastructure and a single parcel.
Key Highlights
- Three manufactured homes on a shared 0.29‑acre lot
- Each residence includes 2 bedrooms and 1 bathroom
- Private parking provided for each unit
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 50840, IA
437
Population
339
Households
1.3
Avg Household Size
44
Median Age
15%
College-Educated
94%
High-School Grad
46.2 sq mi
ZIP Area
9
Density / Sq Mi
$76,161
Median Household Income
$45,227
Median Earnings
$650
Median Rent
$147,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three separate rental homes share one lot, with private parking provided for each residence.
Where is this multifamily property located?
The property is located at 404 Third Street Clearfield, IA.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Three manufactured homes on a shared 0.29‑acre lot; Each residence includes 2 bedrooms and 1 bathroom; Private parking provided for each unit
