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12-Unit Apartment Building with Solar
For Sale
$600,000

206 Weaver Road, Bloomfield, IA 52537

Updated kitchens with appliances and shared coin-operated laundry serve the property's studio through three-bedroom units.

Property Size7,478 SF
Lot Size1.25 Acres
Price / SF$80.24
Days on Market531

Property Features for 206 Weaver Road

General Information

Standard status Active
Size 7,478 SF
Lot size 1.25 Acres
Property subtype Commercial

Additional Details

Road Access Yes
Multifamily Units 12

Taxes and HOA fees

Annual Taxes $7,020

Amenities

coin-operated laundry

Building Details

Building Size 7,478 SF
Year Built 1960
Units 12
Listing Agency: Bogle Realty LLC
Listed By: Lori Bogle · License #***
Source: Davisandpalmer
Added: May 12, 2025 Changed: Oct 23 Last Checked: Oct 23 at 5:39PM

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 Bogle Realty LLC

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Investment Insights

Based on property information with market context.

This 12-unit apartment property at 206 Weaver Road in Bloomfield, Iowa, contains 7,478 square feet on nearly 1.25 acres. The unit mix includes studios and one-, two-, and three-bedroom apartments. Each apartment has an updated kitchen with appliances, and residents have access to coin-operated laundry on site. Improvements include new siding, a replacement roof, and solar panels; the building dates to 1960.

An adjacent lot is included and has separate access from a side street, with space for future expansion.

Key Highlights

  • 12 apartments across 7,478 square feet
  • Nearly 1.25 acres, including an adjacent lot with side‑street access
  • Mix of studio, one-, two-, and three‑bedroom units

Property Analytics

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Lease Details

12
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby

Demographics for 52537, IA

7,248
Population
2,778
Households
2.6
Avg Household Size
37
Median Age
16%
College-Educated
81%
High-School Grad
338.5 sq mi
ZIP Area
21
Density / Sq Mi
$82,713
Median Household Income
$43,826
Median Earnings
$900
Median Rent
$153,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Updated kitchens with appliances and shared coin-operated laundry serve the property's studio through three-bedroom units.
Where is this apartment building located?
The property is located at 206 Weaver Road Bloomfield, IA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 12 apartments across 7,478 square feet; Nearly 1.25 acres, including an adjacent lot with side‑street access; Mix of studio, one-, two-, and three‑bedroom units
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