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Two-Bedroom Residential Income Property
For Sale
$192,000

301 E Butternut Lane, Mount Pleasant, IA 52641

Residential, Mount Pleasant, IA

Property Size1,237 SF
Lot Size0.13 Acres
Price / SF$155.21
Days on Market120

Property Features for 301 E Butternut Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 1
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Directions Turn right onto N Grand Ave, then left on Mapleleaf Dr, Right on N Lincoln St, and Right onto E Butternut Ln. First home on the left.
Standard status Active
APN 412080447706000
Size 1,237 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description W PT PCL B OF OL 72
Tax Annual Amount 2676
Legal Description W PT PCL B OF OL 72

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

patio access

Building Details

Year built 2002
Building materials Vinyl Siding
Listing Agency: Meadow and Main Inc.
Listed By: Steve Francis
Added: Jun 17 Changed: Oct 12 Last Checked: Oct 14 at 3:06PM
MLS# 6339444

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 ranch-style condominium offers 1,237 square feet arranged with two bedrooms, two full bathrooms, a living area, and a kitchen. The step-free floor plan provides direct access to a patio, while an attached garage adds dedicated parking and storage. Appliances are included with the sale. Built in 2002, the home has vinyl siding, forced-air heating, central air, and public water service.

The property is located at 301 E Butternut Lane in Mount Pleasant, Iowa, within ZIP Code 52641. The parcel encompasses 0.13 acres. Snow removal expenses are shared among tenants, while tenants handle maintenance and upkeep responsibilities.

Key Highlights

  • 1,237‑square‑foot ranch‑style condominium
  • Two bedrooms and two full bathrooms
  • Step‑free layout with direct patio access

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Dental Office Barber Shop Electrical Service

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby

Demographics for 52641, IA

12,920
Population
5,326
Households
2.4
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
211.8 sq mi
ZIP Area
61
Density / Sq Mi
$63,406
Median Household Income
$35,608
Median Earnings
$812
Median Rent
$164,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Ranch-style condominium with an accessible layout, attached garage, patio connection, and included appliances.
Where is this residential income property located?
The property is located at 301 E Butternut Lane Mount Pleasant, IA.
What is the asking price?
The asking price for this property is $192,000.
What are key features of this property?
This property features: 1,237‑square‑foot ranch‑style condominium; Two bedrooms and two full bathrooms; Step‑free layout with direct patio access
More about this property
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