Building Details

Buildings 1

Listing Agency: Elliott Realty Group

Listed By: Tim Zear · License #IA S58197

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:21PM

Report an Issue

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 Elliott Realty Group

Investment Insights

Based on property information with market context.

This vacant duplex contains two residential units that have received fresh paint and new flooring. The interiors are positioned for occupancy, with separate gas and electric meters serving the units. Water service is paid by the owner.

The property is located a couple of blocks from Stewart Elementary and near downtown Washington. Its existing two-unit configuration and recent interior work provide a straightforward residential income property setup.

Key Highlights

• Duplex with two residential units
• Fresh paint and new flooring in each unit
• Separate gas and electric meters

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Bakery Grocery & Convenience Store Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

2

Residential units

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

507

Businesses Nearby

Explore this area Business Placement

Demographics for 52353, IA

9,416

Population

3,995

Households

2.4

Avg Household Size

41

Median Age

22%

College-Educated

93%

High-School Grad

157.4 sq mi

ZIP Area

60

Density / Sq Mi

$63,232

Median Household Income

$36,062

Median Earnings

$912

Median Rent

$155,700

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Multi-Unit Retail Office Building

1054 W Madison St, Washington, IA 52353

$220,000

4,216 SF

View details

Flex Office and Heated Shop

214 Airport Road, Washington, IA 52353

$729,000

3,600 SF

View details

Two-Story Flex Space with Heated Shop

214 Airport Road, Washington, IA 52353

$729,000

1.36 Acres

View details

Duplex With Four-Car Garage

106-108 S Avenue B, Washington, IA 52353

$129,000

1,874 SF

View details

Live-Work Space with Separate Entrances

315 S Iowa Ave, Washington, IA 52353

$159,000

0.13 Acres

View details

Live-Work Space with Separate Entrances

315 S Iowa Avenue, Washington, IA 52353

$159,000

0.14 Acres

View details

Duplex with Four-Car Garage

106-108 S Avenue B, Washington, IA 52353

$129,000

View details

Office Building with Apartments

109 S Marion Ave, Washington, IA 52353

$175,000

0.06 Acres

View details

Frequently Asked Questions

What type of property is this?

Duplex - Two residential units feature separate gas and electric metering, with water service paid by the owner.

Where is this duplex located?

The property is located at 620 N Marion Ave Washington, IA.

What are key features of this property?

This property features: Duplex with two residential units; Fresh paint and new flooring in each unit; Separate gas and electric meters