416 Michigan, Storm Lake, IA 50588
MULTI_FAMILY - Storm Lake, IA
- Added:
- Jul 3, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 9 at 6:06 pm
Property Features for 416 Michigan
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Res
- Bedrooms
- 10
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bathroom 3, Bathroom 4, Bedroom 7, Bedroom 9, Bathroom 5, Bedroom 10, Bedroom 5, Bedroom 6, Bedroom 8, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2
- Standard status
- Active
- APN
- 1403186015
- Size
- 5,015 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 10-32 STORM LAKE CORP HAYES 93'
- Tax Annual Amount
- 5650
Utilities
- Heating system
- Baseboard
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1955
- Number of units
- 6
Listing agent Adam Doughan License #S64819 (712) 441-6097
Listing office Real Broker, LLC 699 Walnut St 4th Floor, Des Moines, IA (515) 305-2577
Listing date Jul 3, 2026
Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 6‑unit property with 100% occupied status
- Unit mix: 2 one‑bedroom/1‑bath units and 4 two‑bedroom/1‑bath units
- Kitchen/dining and living space in all units; separate shared coin‑operated washer/dryer in basement
- MarketRent Roll and Actual Rent Roll are both $4,400
- Baseboard heat and window unit cooling; exterior parking for tenants
- Year built: 1955
Overview
Located in Storm Lake, Iowa, the building sits on a smaller lot that supports tenant-focused parking and on-site shared amenities. The listing reports 100% occupancy and matching MarketRent Roll and Actual Rent Roll figures at the time of listing.
For prospective owners or operators, the unit configuration provides straightforward household mix across one- and two-bedroom demand. The reported rent and operating setup also defines who pays what: tenants pay electric, while the owner pays electric for common space, water/sewer, gas, and garbage. Lawn and snow removal are listed as part of monthly expenses, and security deposits are noted as being included upon closing.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Storm Lake
- County
- Buena Vista
- State
- Iowa
- Longitude
- -95.202382
- Latitude
- 42.641831
