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Apartment Building with Laundry
New
For Sale
$160,000

218 4th S, Rockwell, IA 50469

MULTI-FAMILY, ROCKWELL, IA

Property SizeContact for details
Days on Market3

Property Features for 218 4th S

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 4, Bathroom 6, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 5, Bedroom 2, Bedroom 1, Bedroom 6
Parking features Off Street
Appliances Appliances Negotiable
Elementary school district Rockwell
Middle school district Rockwell
High school district Rockwell
Subdivision Outside MC
Standard status Active

Taxes and HOA fees

Tax Description Lts 7-8 Blk 5 Rockwell
Tax Annual Amount 2124
Legal Description Lts 7-8 Blk 5 Rockwell

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

token operated lanudry

Building Details

Year built 1900
Number of units 7
Building materials Wood Siding
Roof type Asphalt
Listing Agency: AMERICAN REALTY & MGMT CO
Listed By: CONNIE SPRINGER · License #110
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 11:06PM
MLS# 260794

Copyright © 2026 Greater Mason City Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This Rockwell apartment property includes a token-operated laundry area in the lower level. Unit 7 is configured with two bedrooms and one bathroom, and a main-floor apartment is currently being renovated. The building dates to 1900 and has wood siding, an asphalt roof, forced-air natural gas heat, and central air conditioning. Off-street parking is available.

Key Highlights

  • Token‑operated laundry in the lower level
  • Unit 7 has 2 bedrooms and 1 bathroom
  • One main‑floor apartment is undergoing renovation

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop HVAC Service Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store Hair Salon

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

87
Businesses Nearby

Demographics for 50469, IA

1,629
Population
703
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
97%
High-School Grad
86.6 sq mi
ZIP Area
19
Density / Sq Mi
$70,682
Median Household Income
$37,227
Median Earnings
$543
Median Rent
$188,900
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?
Apartment building - Unit 7 has two bedrooms and one bathroom, with a separate apartment on the main floor being renovated.
Where is this apartment building located?
The property is located at 218 4th S Rockwell, IA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Token‑operated laundry in the lower level; Unit 7 has 2 bedrooms and 1 bathroom; One main‑floor apartment is undergoing renovation
More about this property
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