18900 Wendover Avenue, Granger, IA 50109
MULTI_FAMILY - Modern, Ranch - Granger, IA
- Added:
- Jul 6, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 8 at 6:06 pm
Property Features for 18900 Wendover Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 2
- Parking features
- Garage
- Patio and Porch features
- Deck
- Exterior features
- Deck
- Appliances
- Dryer, Dishwasher, Refrigerator, Stove, Washer
- Standard status
- Active
- APN
- 0802451015
- Size
- 2,000 SF
Taxes and HOA fees
- Tax Description
- REPLAT OF GRANGER HOMESTEAD UNIT 6 LOT 1
- Tax Annual Amount
- 3848
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1998
- Floors in Building
- 1
- Flooring type
- Tile, Carpet
- Roof type
- Asphalt, Shingle
- Architectural style
- Modern, Ranch
Listing agent Julie Blaker License #S68775000 (515) 480-4547
Listing office RE/MAX Precision 2202 Woodlands Parkway, Clive, IA (515) 223-9492
Listing date Jul 6, 2026
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1998 modern ranch duplex with 2 bedrooms and 1 full bathroom per unit, including living and dining areas and a full kitchen
- Each unit has an attached garage and its own 8x10 concrete patio
- Nearly an acre lot with nice landscaping
- Central air cooling with forced‑air natural gas heating
- Appliances included: refrigerator, stove/oven, dishwasher, washer and dryer
- Roof is asphalt shingles; exterior features include a deck
Overview
The property is located at 18900 Wendover Avenue in Granger, Iowa, within Dallas County. The public remarks note convenience to Saylorville Lake, and that Des Moines is approximately 15 minutes to the southeast. The listing is identified under zoning R.
For tenants or owner-operators seeking a straightforward residential income setup, the unit layouts are consistent across both sides, with full kitchens, private back patios, and attached garages. The combination of separate patios and garages can support resident convenience while keeping day-to-day living space practical and self-contained within each unit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.6k | $13.80 |
| − Vacancy | −$1.8k | −$0.90 |
| EGI | $25.8k | $12.90 |
| − OpEx | −$7.7k | −$3.87 |
| NOI | $18.1k | $9.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Granger
- County
- Dallas
- State
- Iowa
- Longitude
- -93.843156
- Latitude
- 41.763135
