225 Clymer Road Hiawatha, IA 52233
MULTI_FAMILY - Other - Hiawatha, IA
Property size:
5,250 SFLot size:
0.22 AcresPrice / SF:
$161/SF- Added:
- Feb 17, 2026
- Days on Market:
- 78
- Last Refresh:
- May 6 at 12:06 pm
Property Features for 225 Clymer Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- Res3+
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 1, Bedroom 9, Bedroom 5, Bedroom 4, Bedroom 7, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3
- Appliances
- Dishwasher, Microwave, Refrigerator, Stove
- Standard status
- Active
- APN
- 113322900200000
- Size
- 5,250 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- As Per Abstract
- Tax Annual Amount
- 464
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Hardwood, Carpet
- Building materials
- VinylSiding
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agent JJ Johannes (712) 264-5678
Listing office Epique Realty 4515 N River Blvd NE #200, Spencer, IA (319) 540-1002
Listing date Feb 17, 2026
MLS# 734600
Listing URL
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.
HighLights
- New Construction: Brand‑new multifamily property built in 2026.
- Immediate Income: Current rent roll of $6,500/month and $78,000 gross annual income.
- Attractive Cap Rate: Positioned at an approximately 7.72% cap rate.
- Spacious Units: Each unit offers approximately 1,750 finished square feet with 3 bedrooms and 2.5 bathrooms.
- Modern Finishes: Units feature open‑concept layouts, modern kitchens with white cabinetry, quartz countertops, stainless steel appliances, and durable LVP flooring.
- Desirable Amenities: Each unit includes a main‑level half bath and sliding patio doors.
Overview
New Multifamily Property in Hiawatha
This brand-new multifamily property in Hiawatha offers investors the opportunity to acquire a newly constructed, income-producing asset. The property has a current rent roll of $6,500 per month and approximately $78,000 in gross annual income. Based on a purchase price of $850,000 and NOI of $65,600, the property is positioned at an approximately 7.72% cap rate. The property consists of three two-story units, each offering approximately 1,750 finished square feet with 3 bedrooms and 2.5 bathrooms. Units feature open-concept main levels, spacious living areas, modern kitchens, and dining spaces, along with white cabinetry, quartz countertops, stainless steel appliances, and durable LVP flooring. Each unit also includes a main-level half bath and sliding patio doors. The property is located at 225 Clymer Road in Hiawatha, Iowa, with a lot size of 0.219 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Hiawatha
- County
- Linn
- State
- Iowa
- Longitude
- -91.673416
- Latitude
- 42.049459
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Newly constructed triplex with immediate income and strong hold potential.
Where is this triplex located?
The property is located at 225 Clymer Road Hiawatha, IA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: New Construction: Brand‑new multifamily property built in 2026.; Immediate Income: Current rent roll of $6,500/month and $78,000 gross annual income.; Attractive Cap Rate: Positioned at an approximately 7.72% cap rate.
