Historic Mixed-Use
For Sale
$879,900
Pending
1217 & 1221 2nd Street, Perry, IA 50220
CommercialSale, Perry, IA
Property SizeContact for details
Lot Size0.32 Acres
Days on Market201
Property Features for 1217 & 1221 2nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COM
Elementary school district
Perry
Middle school district
Perry
High school district
Perry
Directions
Take W Ave to IA-141 W/141st St Turn left onto IA-141 W/141st St Continue on 10th St. Take Willis Ave to 2nd St
Subdivision
Perry
Standard status
Pending
APN
0210309012
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
S1/2 LOT 5 BLK 38 & LOT 6 & N1/2 LOT 5 BLK 38
Tax Annual Amount
7808
Legal Description
S1/2 LOT 5 BLK 38 & LOT 6 & N1/2 LOT 5 BLK 38
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
west-side deck
Building Details
Building materials
Frame
Listing Agency:
Century 21 Signature · Century 21 Real Estate
(515) 224-4002
Listed By:
Amy Lucht
(515) 402-7796
Added: Feb 3
Changed: Aug 19
Last Checked: Aug 23 at 4:06PM
MLS# 733822
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 historic mixed-use building combines five renovated apartments with more than 10,000 square feet of commercial space on the main level. Residential layouts range from a 900-square-foot one-bedroom apartment to a 3,000-square-foot four-bedroom, three-bath residence, with three additional two-bedroom units of approximately 1,800 square feet. Select residential features include premium appliances, butcher-block countertops, vaulted living areas, exposed brick, oak woodwork, maple flooring, and custom blinds. Each apartment has its own HVAC, water, and electric systems.
The commercial level is currently occupied and includes two bathrooms, a loft office, and storage in a clean, dry basement. Building updates include plumbing and electrical improvements, newer efficient windows, roof and structural work completed in 2023, tuck-pointing, LED lighting, and a west-side deck. Nine dedicated tenant parking spaces are included.
The commercial level is currently occupied and includes two bathrooms, a loft office, and storage in a clean, dry basement. Building updates include plumbing and electrical improvements, newer efficient windows, roof and structural work completed in 2023, tuck-pointing, LED lighting, and a west-side deck. Nine dedicated tenant parking spaces are included.
Key Highlights
- Five renovated apartments with layouts from 900 sq ft to 3,000 sq ft
- Main floor provides over 10,000 sq ft of currently occupied commercial space
- Residential mix includes one-, two-, and four‑bedroom apartments
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
Explore this area
Business Placement
Demographics for 50220, IA
9,045
Population
3,925
Households
2.3
Avg Household Size
37
Median Age
17%
College-Educated
87%
High-School Grad
100.5 sq mi
ZIP Area
90
Density / Sq Mi
$68,750
Median Household Income
$38,195
Median Earnings
$883
Median Rent
$146,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated apartments sit above an occupied commercial floor with dedicated tenant parking and separate utility systems.
Where is this mixed-use property located?
The property is located at 1217 & 1221 2nd Street Perry, IA.
What is the asking price?
The asking price for this property is $879,900.
What are key features of this property?
This property features: Five renovated apartments with layouts from 900 sq ft to 3,000 sq ft; Main floor provides over 10,000 sq ft of currently occupied commercial space; Residential mix includes one-, two-, and four‑bedroom apartments
