Building Details

Year Built 1925

Buildings 1

Listing Agency: Keller Williams Ankeny Metro Show Phone

Listed By: Home Sweet Des Moines Show Phone

Source: Homesweetdesmoines

Added: Jul 19 Changed: Aug 29 Last Checked: Aug 29 at 3:51PM

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Investment Insights

Based on property information with market context.

This 7-unit apartment property at 207 NW 2nd St in Greenfield, Iowa, was built in 1925 and contains 3,611 SF. The building includes coin-operated laundry on the main floor, providing a shared amenity for residents. Five tenants are identified as long-term occupants, while two apartments have been updated. A new roof is also in place. The property is located near the square in Greenfield and is offered for sale.

Key Highlights

• 7‑unit apartment property
• 3,611 SF building constructed in 1925
• Five long‑term tenants

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

7

Residential units

Location Intelligence

Trade Area within ½ mile

276

Businesses Nearby

Explore this area Business Placement

Demographics for 50849, IA

2,784

Population

1,239

Households

2.2

Avg Household Size

44

Median Age

25%

College-Educated

97%

High-School Grad

114.1 sq mi

ZIP Area

24

Density / Sq Mi

$60,375

Median Household Income

$45,039

Median Earnings

$597

Median Rent

$127,500

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 - Seven residential units include coin laundry, five long-term tenants, and recent updates to select apartments.

Where is this apartment building located?

The property is located at 207 NW 2nd St Greenfield, IA.

What is the asking price?

The asking price for this property is $159,900.

What are key features of this property?

This property features: 7‑unit apartment property; 3,611 SF building constructed in 1925; Five long‑term tenants