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Zoned R-3 Townhome Development Lot
For Sale
$99,000

1631 S Ave. E, Washington, IA 52353

Residential lot zoned R-3, currently set up for six townhomes with utility taps and city-provided addresses.

Property SizeContact for details
Days on Market1006

Property Features for 1631 S Ave. E

General Information

Standard status Active
Property subtype Lot-Land
Zoning R3

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $324

Amenities

Cleared
135' x 200'
0.62
Paved
Listing Agency: Keller Williams Legacy Group- Cedar Rapids
Listed By: Jaime Hymer
Source: Pinnaclerealtyia
Added: Nov 9, 2023 Changed: Aug 8 Last Checked: Jul 10 at 10:57AM

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 Keller Williams Legacy Group- Cedar Rapids

Investment Insights

Based on property information with market context.

This R-3 zoned residential lot is currently laid out for six townhomes and includes the installed infrastructure needed to support the planned development. Six water and sewer taps have already been installed, and the City has provided six addresses. The lot also has Restrictive Covenants and plat materials available for review, including plat maps and the plat layout.

The development is described as a 31-lot subdivision located within the City limits, with city water, city sewer, natural gas/electric, paved streets, sidewalks, and streetlights. Development utilities are reported as installed, and the area is positioned in the southern part of Washington near Washington Golf & Country Club and Washington High School. The seller notes that some lots may offer walk-out basement options.

In addition to the current six-townhome setup, the property is described as allowing for alternative housing configurations such as a fourplex or duplex on the lot. Views of the golf course are noted for the property.

Key Highlights

  • Residential lot (0.62 acres) with 135' x 200' dimensions in a 31‑lot subdivision within city limits
  • Zoned R‑3 and currently set up for 6 townhomes; city‑provided 6 addresses and 6 water/sewer taps installed
  • City utilities available: city water, city sewer, natural gas/electric, plus paved streets, sidewalks, and streetlights

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Restaurant Auto Repair Shop Law Firm Pharmacy Garden Center

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

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot zoned R-3, currently set up for six townhomes with utility taps and city-provided addresses.
Where is this residential land & home lot located?
The property is located at 1631 S Ave. E Washington, IA.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Residential lot (0.62 acres) with 135' x 200' dimensions in a 31‑lot subdivision within city limits; Zoned R‑3 and currently set up for 6 townhomes; city‑provided 6 addresses and 6 water/sewer taps installed; City utilities available: city water, city sewer, natural gas/electric, plus paved streets, sidewalks, and streetlights
More about this property
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