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    708 Madison St Bedford, IA 50833

    Pending
    For Sale
    $190,000

    Apartment - Bedford, IA

    Type:Apartment
    Lot size:
    0.19 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 708 Madison St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Pending
    APN
    0423002008000
    Parking features
    Carport
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1920
    Number of units
    5
    Building materials
    Wood Siding
    Architectural style
    Other

    Trost Properties LLC (641) 344-5732

    Listing agent Kindra Coleman (641) 344-5732 License #***

    Listing date Nov 23, 2025

    MLS# 6329036 Listing URL

    Copyright © 2025 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.

    Overview

    Bedford Iowa Investment Opportunity

    This well-maintained 5-unit apartment building is located a couple of blocks from downtown Bedford and the local school. The building features 2 one-bedroom units and 3 two-bedroom units, providing a mix of rental options. Four of the five apartments are currently rented, with one vacant unit ready for a new tenant or owner-occupant. This property is a solid income-producing asset in a growing community. The lot size is 0.19 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Taylor
    State
    Iowa
    Longitude
    -94.721671
    Latitude
    40.668688

    Nearby Similar for Sale

    • $52,900
      1,920 SF

      Bedford Commercial Building - Main Street

      Turnkey Candy Shop w/ Apartment Potential
      411 Main St, Bedford, IA 50833
      View Details

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 5-unit apartment building in a prime location.
    Where is this apartment building located?
    The property is located at 708 Madison St Bedford, IA.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: - Prime location: close proximity to downtown Bedford and the local school.; - Income-producing asset: four of five units are currently rented.; - Mix of rental options: features both one-bedroom and two-bedroom units.
    (641) 344-5732
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    708 Madison St Bedford, IA 50833
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    Bedford, IA 50833
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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
    708 Madison St Bedford, IA 50833
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