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Brick Apartment Building with 10 Units
For Sale
$240,000

111 S Main Street, Woodward, IA 50276

MultiFamily, Woodward, IA

Property Size4,760 SF
Lot Size0.16 Acres
Price / SF$50.42
Days on Market126

Property Features for 111 S Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning M-R
Bedrooms 7
Rooms Bedroom 1, Basement, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 3
Appliances Refrigerator, Stove
Elementary school district Woodward-Granger
Middle school district Woodward-Granger
High school district Woodward-Granger
Directions From 141 take Woodward exit. Head north to downtown. Building on East side of Main St
Subdivision Woodward
Standard status Active
APN 0406256002
Size 4,760 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description COLTON LOT 11 & 12 BLK 5
Tax Annual Amount 1426
Legal Description COLTON LOT 11 & 12 BLK 5

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 10
Flooring type Tile, Carpet
Building materials Brick, Stone
Roof type Rubber
Architectural style Other
Listing Agency: RE/MAX Precision · RE/MAX International
Listed By: Holly Taylor · License #S56751000
Added: Apr 20 Changed: Aug 19 Last Checked: Aug 23 at 1:06PM
MLS# 738853

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.

Investment Insights

Based on property information with market context.

This apartment building offers 10 apartments with an established rental history. The property is situated on a 0.16-acre lot and includes 4,760 square feet. Constructed in brick and stone and built in 1900, the building features carpet and tile flooring.

For building systems, the home is heated with natural gas forced air and cooled with window unit(s). The roof is rubber, and the units include appliances such as a refrigerator and stove.

The property is served by public water and public sewer, supporting straightforward utility service for residential tenants. The property is zoned M-R.

Key Highlights

  • 10 apartments
  • Zoned M‑R
  • 0.16‑acre lot

Property Analytics

Current Use

Whistlin' Donkey Bar & Pub

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Electrical Service Garden Center Furniture & Home Goods Restaurant

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

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

Demographics for 50276, IA

2,454
Population
899
Households
2.7
Avg Household Size
40
Median Age
17%
College-Educated
97%
High-School Grad
82.4 sq mi
ZIP Area
30
Density / Sq Mi
$92,682
Median Household Income
$39,186
Median Earnings
$484
Median Rent
$243,400
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - 10-unit apartment building zoned M-R with public water and public sewer.
Where is this apartment building located?
The property is located at 111 S Main Street Woodward, IA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 10 apartments; Zoned M‑R; 0.16‑acre lot
More about this property
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