7-Unit Apartment
For Sale
$159,900
207 NW 2nd Street, Greenfield, IA 50849
MultiFamily, Greenfield, IA
Property Size3,611 SF
Price / SF$44.28
Days on Market48
Property Features for 207 NW 2nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
res+3
Bedrooms
7
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 5, Bedroom 6, Bathroom 1, Bathroom 6, Bedroom 3, Bathroom 7, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 2
Parking features
Garage
Elementary school district
Nodaway Valley
Middle school district
Nodaway Valley
High school district
Nodaway Valley
Directions
92 to sw 2nd
Subdivision
Greenfield
Standard status
Active
APN
1107402001
Size
3,611 SF
Taxes and HOA fees
Tax Description
per abstract
Tax Annual Amount
2466
Legal Description
per abstract
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Baseboard, Forced Air, Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Amenities
coin laundry
Building Details
Year built
1925
Number of units
7
Roof type
Asphalt, Shingle
Listing Agency:
Progressive Real Estate RN,LLC · RE/MAX International
(515) 382-2605
Listed By:
Randy Rudolf
(515) 370-2590
Added: Jul 17
Changed: Sep 1
Last Checked: Sep 2 at 7:06AM
MLS# 650680
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.
Investment Insights
Based on property information with market context.
This 7-unit apartment property contains 3611 square feet across a building constructed in 1925. Five units are occupied by long-term tenants, while two apartments have been updated. A coin-operated laundry area is located on the main floor, and garage parking is included. The building has asphalt shingle roofing, window-unit cooling, and heating systems that include electric, baseboard, forced-air, and natural gas components.
The property is located at 207 NW 2nd Street in Greenfield, Iowa, within Adair County. Public water and public sewer serve the building, and the property carries res+3 zoning. The combination of existing occupancy, apartment improvements, on-site laundry, and garage parking provides a clear overview of the asset’s current configuration.
The property is located at 207 NW 2nd Street in Greenfield, Iowa, within Adair County. Public water and public sewer serve the building, and the property carries res+3 zoning. The combination of existing occupancy, apartment improvements, on-site laundry, and garage parking provides a clear overview of the asset’s current configuration.
Key Highlights
- 7‑unit apartment building with 3611 square feet
- Five long‑term tenants occupy units
- Two units have been updated
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing residential property with coin-operated laundry, updated apartments, a newer roof, and garage parking.
Where is this apartment building located?
The property is located at 207 NW 2nd Street 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 building with 3611 square feet; Five long‑term tenants occupy units; Two units have been updated
