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Three-Unit Residential Income

209 N Walnut Street Avoca, IA 51521

209 N Walnut Street, Avoca, IA, 51521
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For Sale
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Three leased units include two 1BR/1BA and one 2BR/1BA, with basement storage and an on-site garage.

Days on Market17

Property Features for 209 N Walnut Street

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1920
Listing agency Realty One Group Sterling - Woodbine
Listed by Patty Reisz · License #B62979000
Source Crexi
Added: Jul 5 Updated: Jul 20 at 3:02PM Checked: Jul 20 at 3:02PM

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 Realty One Group Sterling - Woodbine


Investment Insights

Based on property information with market context.

This three-unit residential income property is configured with two 1BR/1BA apartments and one 2BR/1BA apartment, with all units currently occupied and on year leases running December to December. The building includes a garage and basement storage, providing practical space for residents. Updates include a roof under 8 years old, newer main-level windows, and a boiler less than 10 years old.

Owner-paid utilities are noted as main-floor utilities averaging approximately $206 per month, with the owner also paying water, sewer, and trash. Upper-level utilities are paid by the tenant and average approximately $121 per month. Showings require 48-hour notice.

Key Highlights

  • 3‑unit apartment building built in 1920 with 2 one‑bedroom/one‑bath units and 1 two‑bedroom/one‑bath unit
  • All units are currently occupied on year leases running December to December
  • Roof is less than 8 years old, and there are newer main‑level windows

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Dental Office HVAC Service Electrical Service Storage Facility Plumbing Service Garden Center Hair Salon (Bike/Boat/Book/etc) Store Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three leased units include two 1BR/1BA and one 2BR/1BA, with basement storage and an on-site garage.
Where is this triplex located?
The property is located at 209 N Walnut Street Avoca, IA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 3‑unit apartment building built in 1920 with 2 one‑bedroom/one‑bath units and 1 two‑bedroom/one‑bath unit; All units are currently occupied on year leases running December to December; Roof is less than 8 years old, and there are newer main‑level windows
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