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Updated Two-Unit Duplex
New
For Sale
$169,000

420-422 S 12th Street, Albia, IA 52531

Residential Income, Albia, IA

Property Size1,488 SF
Price / SF$113.58
Days on Market2

Property Features for 420-422 S 12th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential-Multi-Family
Basement Crawl Space
Lot features Tree Coverage - Light
Directions Located in the SE part of Albia, travel from the SE corner of the Albia square, go 4 blocks South to 4th Ave. East, turn East, travel approximately 12 blocks East to South 12th Street, turn South go approximately 1 block, duplex is located on the East side of the Street, watch for sign.
Standard status Active
APN 210621016000000
Size 1,488 SF

Taxes and HOA fees

Tax Year 2026
Tax Description Lot 18 of Hardinger & Mick's Second Addition to the City of Albia, Monroe County, Iowa.
Tax Annual Amount 2198
Legal Description Lot 18 of Hardinger & Mick's Second Addition to the City of Albia, Monroe County, Iowa.

Utilities

Heating system Forced Air
Water source Public

Amenities

private deck
storage shed

Building Details

Year built 1975
Floors in Building 1
Number of units 2
Building materials Frame, Vinyl Siding
Roof type Metal
Listing Agency: Hawkeye Farm Mgmt & Real Estat
Listed By: Wanda Flahive
Added: Oct 13 Last Checked: Oct 14 at 5:06PM
MLS# 6343665

Copyright © 2026 NoCoast 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 1,488-square-foot duplex contains two units, each configured with two bedrooms and two bathrooms. Both residences have separate laundry rooms, a private deck opening to the backyard, and access to half of the outdoor storage shed. Interior features include carpet, soft-close kitchen cabinets, and ample closet and storage space.

Built in 1975, the frame building has vinyl siding and a metal roof. Improvements made approximately six years ago included the roof, furnaces, air-conditioning units, windows, electrical system, and water heaters. A bedroom and en suite bathroom were added to each unit during that work. The property is zoned Residential-Multi-Family and has public water service.

Key Highlights

  • Two units, each with 2 bedrooms and 2 bathrooms
  • 1,488 square feet total
  • Separate laundry room in each residence

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Law Firm Plumbing Service Bakery Grocery & Convenience Store Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

Demographics for 52531, IA

5,817
Population
2,724
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
96%
High-School Grad
223.0 sq mi
ZIP Area
26
Density / Sq Mi
$74,081
Median Household Income
$48,953
Median Earnings
$741
Median Rent
$140,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Each residence has private laundry, a rear deck, and a share of the outdoor storage shed.
Where is this duplex located?
The property is located at 420-422 S 12th Street Albia, IA.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 bathrooms; 1,488 square feet total; Separate laundry room in each residence
More about this property
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