102 E Walnut Street, Roland, IA 50236
MULTI_FAMILY - Other - Roland, IA
- Added:
- Jun 30, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 9 at 6:06 am
Property Features for 102 E Walnut Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 1
- Parking features
- Garage
- Standard status
- Active
- APN
- 0214350115
- Size
- 2,400 SF
Taxes and HOA fees
- Tax Description
- O T PARCEL D LOTS 4 & 5 BLK 4 SLIDE 440 PG 2
- Tax Annual Amount
- 4104
Building Details
- Year built
- 2013
- Architectural style
- Other
Listing agent Heather Schmidt (515) 729-4735
Listing office RE/MAX Precision 709 SW 3rd Street, Clive, IA (515) 223-9492
Listing date Jun 30, 2026
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Ranch‑style duplex with convenient single‑level living
- Each side has 3 bedrooms and 1 full bathroom
- Attached single‑stall garage for each side
- Built in 2013
- Located in the Nevada, Roland, and Baxter communities
- Available for purchase individually or as a package
Overview
The property is located at 102 E Walnut Street in Roland, Iowa, in Story County. The listing notes the duplexes are available for purchase individually or as part of a package, which may offer flexibility for buyers seeking one property or multiple locations.
From a tenant or owner-operator perspective, the unit mix supports straightforward residential use, with comparable bedroom and bath counts on each side. The attached garage and single-level configuration may appeal to residents looking for convenient access and low-effort daily living. For investors, the ability to purchase either individually or as a package can align with different ownership and portfolio strategies, based on the availability described in the public remarks.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.6k | $11.52 |
| − Vacancy | −$1.4k | −$0.58 |
| EGI | $26.3k | $10.94 |
| − OpEx | −$7.9k | −$3.28 |
| NOI | $18.4k | $7.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Roland
- County
- Story
- State
- Iowa
- Longitude
- -93.501659
- Latitude
- 42.16971
