Two Residential Building
For Sale
$43,000
2 Lots E 5th Street, Tipton, IA 52772
Two adjacent residential lots in an established neighborhood with mature trees and tree-lined streets.
Property SizeContact for details
Days on Market628
Property Features for 2 Lots E 5th Street
General Information
Standard status
Active
Property subtype
Land
Lease Term
[]
Listing Agency:
Cornerstone Real Estate Consultants
Listed By:
Teresa Horton
(319) 364-8121
Source:
Cbhrealty
Added: Dec 22, 2024
Changed: Sep 10
Last Checked: Sep 10 at 6:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cornerstone Real Estate Consultants
Investment Insights
Based on property information with market context.
This offering includes two building lots sold together, providing a single package for residential development. The lots are located in an established neighborhood, characterized by matured trees and tree-lined streets that can support a residential streetscape.
The property is positioned near key community amenities, including Tipton’s Boulevard, City Park, a school, an Aquatic Center, and shopping. It is also described as being in close proximity to additional local services, which can be relevant for prospective homeowners and builders planning an owner-occupied or speculative build.
For developers and homebuilders, the two-lot configuration can allow for flexible planning depending on how you choose to use the combined site. The remarks also reference a potential Tipton program for property tax reduction for up to seven years after construction, with qualification details to be confirmed with the city. Prospective buyers should verify eligibility and any terms directly with Tipton to understand how the program would apply to their specific project.
The property is positioned near key community amenities, including Tipton’s Boulevard, City Park, a school, an Aquatic Center, and shopping. It is also described as being in close proximity to additional local services, which can be relevant for prospective homeowners and builders planning an owner-occupied or speculative build.
For developers and homebuilders, the two-lot configuration can allow for flexible planning depending on how you choose to use the combined site. The remarks also reference a potential Tipton program for property tax reduction for up to seven years after construction, with qualification details to be confirmed with the city. Prospective buyers should verify eligibility and any terms directly with Tipton to understand how the program would apply to their specific project.
Key Highlights
- Two adjacent residential building lots in an established neighborhood
- Lot sizes total 0.37 acres with dimensions of 125 x 129 x 125 x 130
- Paved road frontage
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
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Business Placement
Demographics for 52772, IA
5,129
Population
2,334
Households
2.2
Avg Household Size
45
Median Age
20%
College-Educated
95%
High-School Grad
130.2 sq mi
ZIP Area
39
Density / Sq Mi
$80,997
Median Household Income
$49,820
Median Earnings
$812
Median Rent
$213,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two adjacent residential lots in an established neighborhood with mature trees and tree-lined streets.
Where is this residential land & home lot located?
The property is located at 2 Lots E 5th Street Tipton, IA.
What is the asking price?
The asking price for this property is $43,000.
What are key features of this property?
This property features: Two adjacent residential building lots in an established neighborhood; Lot sizes total 0.37 acres with dimensions of 125 x 129 x 125 x 130; Paved road frontage
