Building Details

Year Built 1890

Listing Agency: Wayne Hansen Real Estate Llc a***@gmail.com Show Phone

Listed By: Abby Rasmussen

Source: Crexi

Added: Jun 12 Changed: Aug 10 Last Checked: Aug 11 at 9:28AM

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Investment Insights

Based on property information with market context.

This triplex offers three separate apartments, each with its own entrance, and all units are currently fully occupied. Each apartment has separate meters, and tenants are responsible for their own utilities. Kitchen appliances are included, and window AC units are provided for in-unit cooling. The owner is responsible for insurance, taxes, and lawn and snow removal. Off-street parking is available for residents, adding to the overall convenience of the property.

The property is located at 1006 Main St in Anita, Iowa. A major improvement was completed with a new roof installed in 2019. Exterior maintenance is supported by the steel siding, helping reduce ongoing exterior upkeep compared with traditional materials.

For buyers seeking a turnkey residential income property, the current occupancy and separate metering structure can support straightforward operations. With three apartments already in place and ongoing expenses identified for the owner (insurance, taxes, and yard and snow care), the property may fit well for an owner-operator or an investor looking for an income-producing triplex with minimal immediate capital needs.

Key Highlights

• 3 separate apartments, all fully occupied and each with its own separate meter
• Rents total $1,400/mo; tenants pay their own utilities while the owner pays insurance and taxes
• New roof installed in 2019

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Storage Facility Carpet & Flooring Store Building Supply Law Firm

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

98

Businesses Nearby

Explore this area Business Placement

Demographics for 50020, IA

1,375

Population

618

Households

2.2

Avg Household Size

47

Median Age

16%

College-Educated

94%

High-School Grad

96.3 sq mi

ZIP Area

14

Density / Sq Mi

$67,125

Median Household Income

$42,530

Median Earnings

$681

Median Rent

$121,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Triplex - Three fully occupied apartments with separate meters, off-street parking, and independent entrances for tenant convenience.

Where is this triplex located?

The property is located at 1006 Main St Anita, 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: 3 separate apartments, all fully occupied and each with its own separate meter; Rents total $1,400/mo; tenants pay their own utilities while the owner pays insurance and taxes; New roof installed in 2019