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Two-Unit Duplex Property
For Sale
$179,900

2514-2516 Sunset Drive, Iowa Falls, IA 50126

Residential Income, Iowa Falls, IA

Property Size1,632 SF
Lot Size0.21 Acres
Price / SF$110.23
Days on Market100

Property Features for 2514-2516 Sunset Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential-Multi-Family
Basement Full
Lot features Corner Lot
Directions while heading north on Oak St, turn left onto Washington Ave. Turn left onto Pleasant Drive (across from Immanuel Lutheran Church) , then left onto Sunset Drive. Property will be on the left hand side of the street.
Standard status Active
APN 892114406001
Size 1,632 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SUNSET ADD- LOT 14 & W27.48FT LOT 13 BLOCK 1
Tax Annual Amount 2446
Legal Description SUNSET ADD- LOT 14 & W27.48FT LOT 13 BLOCK 1

Utilities

Heating system Forced Air
Water source Public

Amenities

basement storage
detached garage

Building Details

Year built 1975
Floors in Building 1
Number of units 2
Building materials Wood Siding
Roof type Shingle
Listing Agency: Ferris Real Estate
Listed By: Doug Hatlevig · License #B11062
Added: May 18 Changed: Aug 24 Last Checked: Aug 25 at 11:06PM
MLS# 6338424

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.

Investment Insights

Based on property information with market context.

This side-by-side duplex contains two residential units, each with two bedrooms and one bathroom. The property provides 1,632 square feet of building area, with a basement serving each unit for storage. Wood siding, forced-air heating, a shingle roof, and public water complete the primary improvements. Built in 1975, the property is designated Residential-Multi-Family.

Utilities are separately metered and paid by the tenants. Each unit has access to one stall in the detached garage, with additional driveway or street parking available. The property occupies 0.21 acres in Iowa Falls, Iowa, within Hardin County.

Key Highlights

  • Two side‑by‑side units, each with 2 bedrooms and 1 bathroom
  • 1,632 square feet of building area on a 0.21‑acre lot
  • Separate utility metering with tenant‑paid utilities

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Building Supply Spa & Massage Center Restaurant Nail Salon Auto Repair Shop

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 50126, IA

6,576
Population
2,966
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
94%
High-School Grad
136.6 sq mi
ZIP Area
48
Density / Sq Mi
$61,711
Median Household Income
$36,702
Median Earnings
$904
Median Rent
$118,100
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 - Side-by-side residential units offer separate metering, individual storage, and detached-garage parking.
Where is this duplex located?
The property is located at 2514-2516 Sunset Drive Iowa Falls, IA.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Two side‑by‑side units, each with 2 bedrooms and 1 bathroom; 1,632 square feet of building area on a 0.21‑acre lot; Separate utility metering with tenant‑paid utilities
More about this property
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