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Triple Manufactured Home Income
For Sale
$130,000

404 Third Street, Clearfield, IA 50840

MULTI_FAMILY - Clearfield, IA

Property SizeContact for details
Lot Size0.29 Acres
Days on Market126

Property Features for 404 Third Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Standard status Active
Lot size 0.29 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: Preferred Properties of Iowa, Inc.
Listed By: Maury Moore
Added: Apr 29 Changed: Jul 26 Last Checked: Sep 1 at 7:06PM
MLS# 11878426

Copyright © 2026 My State 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 for-sale income property includes three separate manufactured homes on a shared lot. Each unit is configured with 2 bedrooms and 1 bathroom. Unit 1 includes interior improvements, with an updated bathroom and newer flooring.

The property is located at 404 Third Street in Clearfield, IA (Taylor County). Private parking is available for each unit, and the homes share a yard.

The overall layout provides multiple rental income streams within a single property footprint, with three self-contained residential units already established on-site.

Key Highlights

  • Income‑producing property with three manufactured homes on a shared lot
  • Each unit features 2 bedrooms and 1 bathroom
  • Unit 1 includes updated bathroom and newer flooring

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store Veterinary Clinic Hair Salon Nail Salon Grocery & Convenience Store Food Market

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

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 50840, IA

437
Population
339
Households
1.3
Avg Household Size
44
Median Age
15%
College-Educated
94%
High-School Grad
46.2 sq mi
ZIP Area
9
Density / Sq Mi
$76,161
Median Household Income
$45,227
Median Earnings
$650
Median Rent
$147,100
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?
Triplex - Three separate manufactured homes with private parking for each unit on a shared lot in Clearfield, IA.
Where is this triplex located?
The property is located at 404 Third Street Clearfield, IA.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Income‑producing property with three manufactured homes on a shared lot; Each unit features 2 bedrooms and 1 bathroom; Unit 1 includes updated bathroom and newer flooring
More about this property
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