6-Unit Apartment Building with
For Sale
$395,000
306 S 5th St, Guthrie Center, IA 50115
Fully occupied multifamily property with private outdoor areas, storage, garage access, and additional parking.
Property Size7,440 SF
Price / SF$53.09
Days on Market20
Property Features for 306 S 5th St
General Information
Standard status
Active
Size
7,440 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Amenities
deck or patio
lower-level storage
Building Details
Year Built
1977
Buildings
1
Listing Agency:
Lake Panorama Realty
(641) 757-1409
Listed By:
Rod Robson (641) 757-1409
Source:
Desmoineshomesforsale
Added: Aug 9
Changed: Aug 27
Last Checked: Aug 28 at 12:20PM
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 Lake Panorama Realty
Investment Insights
Based on property information with market context.
This 7,440-square-foot apartment building, constructed in 1977, contains six two-bedroom units, each with one full bathroom and an open-concept layout. Individual units include either a deck or patio, lower-level storage, and access to one stall in the detached six-stall garage. Additional parking is also available on the property.
The building is 100% occupied and has a documented history of rental performance. Its Guthrie Center location places the property minutes from downtown, a walking trail, ACGC schools, and local ballfields. The combination of six residential units, assigned garage parking, private outdoor space, and on-site storage supports a practical multifamily configuration.
The building is 100% occupied and has a documented history of rental performance. Its Guthrie Center location places the property minutes from downtown, a walking trail, ACGC schools, and local ballfields. The combination of six residential units, assigned garage parking, private outdoor space, and on-site storage supports a practical multifamily configuration.
Key Highlights
- Six‑unit apartment building with 7,440 SF of total property size
- Each unit includes 2 bedrooms, 1 full bath, and an open‑concept layout
- Deck or patio and lower‑level storage provided with each unit
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 50115, IA
2,571
Population
1,344
Households
1.9
Avg Household Size
45
Median Age
23%
College-Educated
93%
High-School Grad
172.2 sq mi
ZIP Area
15
Density / Sq Mi
$70,952
Median Household Income
$42,132
Median Earnings
$797
Median Rent
$139,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with private outdoor areas, storage, garage access, and additional parking.
Where is this apartment building located?
The property is located at 306 S 5th St Guthrie Center, IA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Six‑unit apartment building with 7,440 SF of total property size; Each unit includes 2 bedrooms, 1 full bath, and an open‑concept layout; Deck or patio and lower‑level storage provided with each unit
