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1833 Curtis Avenue, Chariton, IA 50049

Two-building multifamily property with one-, two-, and three-bedroom units and partially completed construction.

Property Size52,980 SF
Price / SF$113.25
Days on Market119

Property Features for 1833 Curtis Avenue

General Information

Standard status Active
Size 52,980 SF
Class B
Property subtype Multifamily
Zoning RG-20
Occupancy 50%
Investment Type Value Add
Net Operating Income $404,236

Additional Details

Multifamily Units 52

Building Details

Year Built 2023
Buildings 2
Stories 3
Units 52
Tenancy Multi
Listing Agency: Stanbrough Realty
Listed By: Ross Quintero · License #S63415000
Source: Crexi
Added: May 4 Changed: Aug 29 Last Checked: Aug 29 at 7:46PM

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 Stanbrough Realty

Investment Insights

Based on property information with market context.

Northridge Apartments is a 52-unit multifamily property at 1833 Curtis Avenue in Chariton, Iowa. The unit mix includes one-, two-, and three-bedroom residences distributed between two buildings. Building B has been framed, with electrical and plumbing installed; drywall and interior finish work remain to complete the building. The property is zoned RG-20 and includes 1.73 acres of excess land that may support additional development, subject to applicable approvals.

The site is located less than one mile north of the Hy-Vee Distribution Center, a 1.2 million-square-foot warehouse facility. The property also benefits from Tax Increment Financing. The existing improvements and unfinished second building provide a defined construction scope for the next owner.

Key Highlights

  • 52 units across two apartment buildings
  • One-, two-, and three‑bedroom unit mix
  • Building B is framed with electrical and plumbing in place

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Auto Parts Store Hair Salon Nail Salon Pharmacy

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

52
Residential units

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 50049, IA

6,433
Population
2,869
Households
2.2
Avg Household Size
43
Median Age
16%
College-Educated
93%
High-School Grad
208.6 sq mi
ZIP Area
31
Density / Sq Mi
$66,750
Median Household Income
$39,411
Median Earnings
$731
Median Rent
$123,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily property with one-, two-, and three-bedroom units and partially completed construction.
Where is this apartment building located?
The property is located at 1833 Curtis Avenue Chariton, IA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 52 units across two apartment buildings; One-, two-, and three‑bedroom unit mix; Building B is framed with electrical and plumbing in place
(515) 689-2612 Call to check price and availability
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