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Mixed-Use Property with Apartments
For Sale
$89,900

210 W Montgomery Street, Creston, IA 50801

Residential Income, Creston, IA

Property Size5,600 SF
Lot Size0.07 Acres
Price / SF$16.05
Days on Market138

Property Features for 210 W Montgomery Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking features On Street
Basement Unfinished
Directions USHwy 34 (Taylor St) into Creston. North on Elm Street to Montgomery St. Right. Building on south side by alley
Standard status Active
APN 0501461004
Size 5,600 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description OP E 40 FT of N 22 FT LOT 195 & E 40 FT LOT 196
Tax Annual Amount 1255
Legal Description OP E 40 FT of N 22 FT LOT 195 & E 40 FT LOT 196

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1910
Floors in Building 2
Number of units 5
Building materials Brick
Roof type Rubber, Flat
Listing Agency: R Realty
Listed By: Retta Ripperger
Added: Jun 11 Changed: Oct 12 Last Checked: Oct 26 at 10:06PM
MLS# 6339264

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 5,600-square-foot mixed-use property combines a ground-floor retail storefront with four apartments on the upper level. The main floor includes two toilet rooms and a full basement that is also used for retail. Upstairs, each apartment includes a three-fixture bath, kitchenette, living room or dining room, and separate bedrooms. Appliances are included. The building does not have central air on the upper floor.

Constructed in 1910, the property features brick construction, forced-air heating, a flat rubber roof, public water, and on-street parking. It occupies 0.07 acres in uptown Creston at 210 W Montgomery Street. Three of the four upstairs apartments and the storefront are identified as rented, while the landlord pays gas and water.

Key Highlights

  • 5,600‑square‑foot mixed‑use building with retail and residential components
  • Four upstairs apartments with kitchenettes, living or dining rooms, separate bedrooms, and three‑fixture baths
  • Ground‑floor storefront plus a full basement used for retail

Property Analytics

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Current Use

Life's Leftoves & Rustic ... Home Decor Store

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Barber Shop (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby

Demographics for 50801, IA

9,245
Population
4,566
Households
2
Avg Household Size
41
Median Age
26%
College-Educated
95%
High-School Grad
207.2 sq mi
ZIP Area
45
Density / Sq Mi
$55,453
Median Household Income
$35,522
Median Earnings
$676
Median Rent
$120,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick uptown property combining a retail storefront with four upstairs apartments and a full basement.
Where is this mixed-use property located?
The property is located at 210 W Montgomery Street Creston, IA.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: 5,600‑square‑foot mixed‑use building with retail and residential components; Four upstairs apartments with kitchenettes, living or dining rooms, separate bedrooms, and three‑fixture baths; Ground‑floor storefront plus a full basement used for retail
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