Listing Agency: Bogle Realty LLC r***@boglerealty.com Show Phone

Listed By: Rodney Bogle · License #IA S65326000

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:52PM

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Investment Insights

Based on property information with market context.

Completed in August 2022, this brand-new duplex features two separate residential units. Each unit offers two bedrooms and two bathrooms, along with an attached single-car garage and an appliance package. Unit interiors include new flooring and open floor plan layouts.

Both units are currently vacant and ready for immediate occupancy or leasing. The property is located at 411 W Lee St in Seymour, Iowa, with the public remarks noting proximity to Rathbun Lake, Corydon, Iowa, and Centerville, Iowa.

For flexibility, the duplex can be used as a residential income property with one or both sides leased, or as an owner-occupied option with rental income from the second unit.

Key Highlights

• Newly completed duplex in August 2022 with two separate, vacant units.
• Each unit features 2 bedrooms and 2 bathrooms with an attached single‑car garage.
• Both units include an appliance package and Berch brand cabinetry.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store Storage Facility Cafe & Coffee Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

61

Businesses Nearby

Explore this area Business Placement

Demographics for 52590, IA

1,503

Population

554

Households

2.7

Avg Household Size

29

Median Age

13%

College-Educated

69%

High-School Grad

81.4 sq mi

ZIP Area

18

Density / Sq Mi

$55,714

Median Household Income

$40,750

Median Earnings

$634

Median Rent

$128,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Completed in 2022, this vacant duplex offers two 2-bedroom, 2-bath units with attached single-car garages.

Where is this duplex located?

The property is located at 411 W Lee St Seymour, IA.

What are key features of this property?

This property features: Newly completed duplex in August 2022 with two separate, vacant units.; Each unit features 2 bedrooms and 2 bathrooms with an attached single‑car garage.; Both units include an appliance package and Berch brand cabinetry.