Five-Unit Apartment
For Sale
$225,000
316 Boone Street, Boone, IA 50036
Residential Income, Boone, IA
Property Size3,269 SF
Lot Size0.25 Acres
Price / SF$68.83
Days on Market140
Property Features for 316 Boone Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Exterior features
Aluminum Siding
Basement
Full
Elementary school district
Boone
Middle school district
Boone
High school district
Boone
Subdivision
0006 - Boone
Standard status
Active
Size
3,269 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
LOT 8 BLOCK 140 SW NE
Tax Annual Amount
3804
Legal Description
LOT 8 BLOCK 140 SW NE
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s), Wall Unit(s)
Water source
Public
Building Details
Year built
1890
Floors in Building
2
Number of units
5
Flooring type
Vinyl, Laminate, Hardwood
Listing Agency:
Friedrich Realty
(515) 232-6175
Listed By:
Patty Meese · License #S61772
(515) 441-1243
Added: May 12
Changed: Sep 14
Last Checked: Sep 28 at 12:06AM
MLS# 70170
Copyright © 2026 Central Iowa Board 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.
Investment Insights
Based on property information with market context.
This 3,269-square-foot apartment property contains five units and was built in 1890. Interior features include oversized windows, leaded glass, selected hardwood flooring, vinyl and laminate flooring, and a spacious front porch. Some units have received interior refreshes and new flooring. The property also includes aluminum siding, a partially replaced roof, and a new furnace.
Located at 316 Boone Street in Boone, Iowa, the property is near downtown and has public water and public sewer service. Heating is provided by natural gas and forced air, while cooling is available through wall and window units. Several tenants have maintained long-term occupancy, adding established tenancy to the existing apartment configuration.
Located at 316 Boone Street in Boone, Iowa, the property is near downtown and has public water and public sewer service. Heating is provided by natural gas and forced air, while cooling is available through wall and window units. Several tenants have maintained long-term occupancy, adding established tenancy to the existing apartment configuration.
Key Highlights
- Five‑unit apartment property totaling 3,269 square feet
- Built in 1890 on a 0.2479‑acre lot
- 316 Boone Street location near downtown Boone
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
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Business Placement
Demographics for 50036, IA
16,203
Population
7,416
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
96%
High-School Grad
191.7 sq mi
ZIP Area
85
Density / Sq Mi
$74,107
Median Household Income
$42,453
Median Earnings
$804
Median Rent
$172,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with refreshed interiors, a spacious front porch, and public water and sewer service.
Where is this apartment building located?
The property is located at 316 Boone Street Boone, IA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Five‑unit apartment property totaling 3,269 square feet; Built in 1890 on a 0.2479‑acre lot; 316 Boone Street location near downtown Boone
