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Residential Income Property with Garage
For Sale
$159,900

211 3rd Street, Melcher Dallas, IA 50062

Single-family income-style property on a double lot with an open living/kitchen area, central air, and a three-door garage.

Property Size1,014 SF
Price / SF$157.69
Days on Market207

Property Features for 211 3rd Street

General Information

Standard status Active
Size 1,014 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $1,580

Amenities

Central Air, Gas
Unfinished Basement
3
Laminate, Carpet
Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
Asphalt, Shingle
3 Garage Spaces. Garage, 3 Car Garage.
Vinyl
100X142
Asphalt.

Building Details

Year Built 1929
Listing Agency: Iowa Realty Knoxville
Listed By: Arvin Van Waardhuizen
Source: Xome
Added: Jan 13 Changed: Aug 8 Last Checked: Aug 8 at 4:22AM

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 Iowa Realty Knoxville

Investment Insights

Based on property information with market context.

This residential income property features a main home with approximately 1,014 sq ft of living space and an open-concept living room and kitchen. The kitchen includes ample cabinetry, two pantries, and all appliances, along with laundry units. A flexible non-conforming bedroom/office sits off the living area, and there is another bedroom near the kitchen. A full bath and laundry are centrally located, and the primary bedroom offers a large closet plus carpeting and a ceiling fan.

The unfinished basement provides storage and includes a newer furnace and central air. Outside, a concrete front porch adds comfortable outdoor space. The property also includes a large, 836 sq ft, three-door garage with vinyl siding and dual concrete driveways, offering practical room for vehicles and additional storage.

Set on a spacious double lot on a quiet Iowa street, this home combines comfortable indoor living with substantial covered parking and storage to support everyday use.

Key Highlights

  • 1,014 sq ft home built in 1929 on a double lot with concrete front porch
  • Open‑concept living room and kitchen with laminate and carpet flooring
  • Kitchen includes ample cabinets, two pantries, and all appliances: dishwasher, washer/dryer, stove, microwave, refrigerator

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Garden Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Hair Salon Nail Salon Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

Demographics for 50062, IA

778
Population
330
Households
2.4
Avg Household Size
41
Median Age
18%
College-Educated
96%
High-School Grad
30.6 sq mi
ZIP Area
25
Density / Sq Mi
$70,714
Median Household Income
$46,750
Median Earnings
$163,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Single-family income-style property on a double lot with an open living/kitchen area, central air, and a three-door garage.
Where is this duplex located?
The property is located at 211 3rd Street Melcher Dallas, 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: 1,014 sq ft home built in 1929 on a double lot with concrete front porch; Open‑concept living room and kitchen with laminate and carpet flooring; Kitchen includes ample cabinets, two pantries, and all appliances: dishwasher, washer/dryer, stove, microwave, refrigerator
More about this property
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