Listing Agency: Wrage Realty w***@fctc.coop Show Phone

Listed By: David Wrage · License #*** Show Phone

Source: Exprealty

Added: Jul 16 Changed: Aug 8 Last Checked: Aug 10 at 7:56AM

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Investment Insights

Based on property information with market context.

Located at 205 W 5th St in Vinton, Iowa, this five-unit apartment property includes three one-bedroom units and two efficiency units. The building has received recent updates and improvements, with mostly newer windows throughout.

Dedicated off-street parking serves the property, which is situated close to downtown. The combination of varied unit layouts, recent property work, and on-site parking provides a straightforward multifamily configuration.

Key Highlights

• Five‑unit apartment property with three one‑bedroom units and two efficiency units
• Recent updates and improvements to the property
• Mostly newer windows

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Kitchen & Bath Showroom Parking Lot & Garage (Bike/Boat/Book/etc) 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

5

Residential units

Location Intelligence

Trade Area within ½ mile

424

Businesses Nearby

Explore this area Business Placement

Demographics for 52349, IA

7,405

Population

3,548

Households

2.1

Avg Household Size

44

Median Age

28%

College-Educated

91%

High-School Grad

149.6 sq mi

ZIP Area

49

Density / Sq Mi

$71,537

Median Household Income

$53,000

Median Earnings

$838

Median Rent

$173,800

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 - Unit mix includes one-bedroom and efficiency apartments with dedicated off-street parking.

Where is this apartment building located?

The property is located at 205 W 5th St Vinton, IA.

What is the asking price?

The asking price for this property is $149,500.

What are key features of this property?

This property features: Five‑unit apartment property with three one‑bedroom units and two efficiency units; Recent updates and improvements to the property; Mostly newer windows