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20-Unit Apartment Building
New
For Sale
$1,600,000

410 Talbott Street, Iowa Falls, IA 50126

Residents have central air, private outdoor space, secure entry, and in-unit washer and dryer connections.

Property Size19,630 SF
Lot Size0.95 Acres
Price / SF$81.51
Days on Market4

Property Features for 410 Talbott Street

General Information

Standard status Active
Size 19,630 SF
Net Rentable 19,630 SF
Elevators Yes
Lot size 0.95 Acres
Property subtype Multifamily
Occupancy 100%

Financials

Asking Price $1,600,000
Average Monthly Rent $848

Units

Unit Mix 19 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units 20

Additional Details

Highway Access Yes

Amenities

in-unit washer/dryer connections
central air
private patios/balconies
secure building access

Building Details

Year Built 1994
Buildings 1
Listed By: Ray Hamilton
Source: Cbre
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 2:40AM

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 Ray Hamilton

Rey
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Investment Insights

Based on property information with market context.

Rock Run is a 20-unit apartment property at 410 Talbott Street in Iowa Falls. Constructed in 1994, the single residential building contains 19 two-bedroom, two-bathroom apartments and one three-bedroom, two-bathroom apartment. Units average 981 square feet, with 19,630 square feet of total rentable area. Features include central air, washer and dryer connections, private patios or balconies, and controlled building access. The 0.95-acre property also has 19 detached garages and surface parking. Residents cover the majority of utility costs, and occupancy is 100%.

Iowa Falls is served by Highways 20 and 65 and by the Canadian National and Union Pacific railroads. Ellsworth Community College and employers in agriculture, biofuels, manufacturing, and distribution are among the city’s institutions and industries.

Key Highlights

  • 20 units in a single residential building; 100% occupancy
  • 19,630 SF of rentable area on a 0.95‑acre parcel
  • Unit mix: 19 two‑bedroom/two‑bathroom units and 1 three‑bedroom/two‑bathroom unit

Property Analytics

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Lease Details

20
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

391
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Residents have central air, private outdoor space, secure entry, and in-unit washer and dryer connections.
Where is this apartment building located?
The property is located at 410 Talbott Street Iowa Falls, IA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 20 units in a single residential building; 100% occupancy; 19,630 SF of rentable area on a 0.95‑acre parcel; Unit mix: 19 two‑bedroom/two‑bathroom units and 1 three‑bedroom/two‑bathroom unit
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