Updated Fully Occupied
For Sale
$189,000
415 E Main St, Montezuma, IA 50171
Three separately metered units offer individual HVAC systems, kitchens, full baths, and laundry hookups.
Property Size2,798 SF
Price / SF$67.55
Days on Market126
Property Features for 415 E Main St
General Information
Standard status
Active
Size
2,798 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$1,632
Listing Agency:
AE Realty, Inc
(641) 623-2639
Listed By:
Andy Erselius · License #B458265
(641) 226-2639
Source:
Exprealty
Added: Jul 1
Changed: Oct 25
Last Checked: Nov 1 at 10:49AM
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 AE Realty, Inc
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Investment Insights
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This 2,798-square-foot triplex contains three occupied units with a mix of two one-bedroom residences and one three-bedroom upper-level unit. Each apartment includes a full bathroom, kitchen with owner-owned appliances, individual electric metering, its own HVAC system, and laundry hookups. Tenants pay their own utilities, while ownership handles mowing and snow removal.
Property improvements include work to portions of all three units within the last 24 months, including a main-level kitchen update, an upstairs shower and kitchen-floor refresh, interior painting, replacement windows, and renovation of the upper unit’s third bedroom to add living space. The building also features vinyl siding, a metal roof, circuit breaker panels, and maintained HVAC systems.
The property sits one block from the Montezuma square, combining a central setting with a three-unit residential income configuration.
Property improvements include work to portions of all three units within the last 24 months, including a main-level kitchen update, an upstairs shower and kitchen-floor refresh, interior painting, replacement windows, and renovation of the upper unit’s third bedroom to add living space. The building also features vinyl siding, a metal roof, circuit breaker panels, and maintained HVAC systems.
The property sits one block from the Montezuma square, combining a central setting with a three-unit residential income configuration.
Key Highlights
- 2,798‑square‑foot triplex with three occupied units
- Unit mix includes two 1‑bedroom units and one 3‑bedroom upper‑level unit
- Each unit has its own electric meter, HVAC system, full bath, kitchen, and laundry hookups
Property Analytics
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Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
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Business Placement
Demographics for 50171, IA
2,703
Population
1,592
Households
1.7
Avg Household Size
47
Median Age
17%
College-Educated
96%
High-School Grad
109.8 sq mi
ZIP Area
25
Density / Sq Mi
$55,944
Median Household Income
$42,356
Median Earnings
$822
Median Rent
$188,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered units offer individual HVAC systems, kitchens, full baths, and laundry hookups.
Where is this triplex located?
The property is located at 415 E Main St Montezuma, IA.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 2,798‑square‑foot triplex with three occupied units; Unit mix includes two 1‑bedroom units and one 3‑bedroom upper‑level unit; Each unit has its own electric meter, HVAC system, full bath, kitchen, and laundry hookups
