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    431 5Th Ave South Clinton, IA 52732

    For Sale
    $645,000

    Residential Income - Clinton, IA

    Property size:
    7,687 SF
    Days on Market:
    114
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 431 5Th Ave South

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    80-1735-0000
    Parking
    11
    Exterior features
    Level
    Size
    7,687 SF

    Utilities

    Heating system
    Electric (Heating), Natural Gas

    Building Details

    Year built
    1916
    Number of units
    17
    Building materials
    Brick
    Roof type
    Rubber, Shingle
    Architectural style
    Other

    Howes & Jefferies Realtors (563) 242-3265 [email protected]

    Listing agent Dennis Lauver (563) 242-3265 License #B63532000/475.165634

    Listing date Aug 15, 2025

    MLS# QC4255612 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Clinton, IA Residential Income Property

    This residential income property in Clinton, IA, presents an investment opportunity with 9 of its 17 units currently leased. The apartments, totaling 7687 square feet, are in good condition and offer potential ROI for the owner. Since 2022, the property has undergone many updates and improvements, including the fire escape, electrical outlets, arc fault breakers, electric service, water lines, flooring, and an updated building exterior. All units have been recently painted and feature baseboard heating and updated appliances. The common area fire detection system has also been updated, and Units 1 through 5 have been completely refinished. Landlord is responsible for water, sewer, and a trash dumpster for the entire property. Unit 1 has a gas furnace paid for by the landlord, as well as an electric heater paid for by the tenant. A proforma showing financials when the property is fully leased and a copy of a recent property appraisal report are available by request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    Clinton
    County
    Clinton
    State
    Iowa
    Longitude
    -90.194692
    Latitude
    41.840828

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    FAQs

    What type of property is this?
    Apartment building - Residential income property with updates and improvements since 2022.
    Where is this apartment building located?
    The property is located at 431 5Th Ave South Clinton, IA.
    What is the asking price?
    The asking price for this property is $645,000.
    What are key features of this property?
    This property features: - Investment opportunity with 9 of 17 units currently leased.; - Significant updates and improvements since 2022 including fire escape, electrical, plumbing, and flooring.; - Units 1-5 completely refinished.
    (563) 242-3265
    Request Owner's contact information
    431 5Th Ave South Clinton, IA 52732
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    Clinton, IA 52732
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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
    431 5Th Ave South Clinton, IA 52732
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