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Washington, Iowa Multi-Family Property
For Sale
$120,000

508 N Iowa Avenue, Washington, IA 52353

MULTI_FAMILY - Washington, IA

Property Size2,146 SF
Lot Size0.20 Acres
Price / SF$55.92
Days on Market168

Property Features for 508 N Iowa Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Basement Unfinished, Full
Subdivision DENNYS ADD
Directions North of Iowa Ave. from main square. Head north, go a few blocks until you reach the 500 block. House on right side.
Standard status Active
APN 1117181003
Size 2,146 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 06 11 DENNYS ADD
Tax Annual Amount 2300
Legal Description 06 11 DENNYS ADD

Utilities

Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1900
Floors in Building 2
Number of units 3
Building materials Wood Siding
Listing Agency: Century 21 Trinity
Listed By: Parnell Davis
Added: Feb 25 Changed: Jul 18 Last Checked: Aug 11 at 11:06PM
MLS# 6335906

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 multi-family property is located in Washington, Iowa. The property has a size of 2,146 square feet and is situated on a lot of 0.2 acres. The property is listed for sale and is classified as a triplex, multifamily property, and residential income property.

Key Highlights

  • Year built: 1900
  • Wood siding exterior
  • Forced air heating

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Real Estate Agency Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

Demographics for 52353, IA

9,416
Population
3,995
Households
2.4
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
157.4 sq mi
ZIP Area
60
Density / Sq Mi
$63,232
Median Household Income
$36,062
Median Earnings
$912
Median Rent
$155,700
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
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Frequently Asked Questions

What type of property is this?
Triplex - Multi-family property in Washington, Iowa, with 2,146 square feet.
Where is this triplex located?
The property is located at 508 N Iowa Avenue Washington, IA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Year built: 1900; Wood siding exterior; Forced air heating
More about this property
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