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Duplex with Recent Improvements
New
For Sale
$260,000

420/424 Mamie Eisenhower Avenue, Boone, IA 50036

MultiFamily, Duplex, Boone, IA

Property Size2,240 SF
Lot Size0.23 Acres
Price / SF$116.07
Days on Market1

Property Features for 420/424 Mamie Eisenhower Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Res
Bedrooms 8
Bathrooms 3
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 8, Bedroom 4, Bedroom 5, Basement
Parking features Garage
Lot features Rectangular Lot
Elementary school district Boone
Middle school district Boone
High school district Boone
Directions Take US-30 West toward Boone. Continue on US-30 West and take the exit toward Boone. Follow Mamie Eisenhower Avenue / 4th Street into town. Turn right onto Story Street Turn left onto 5th Street. Continue to the address at 424 Mamie Eisenhower Avenue.
Subdivision Boone
Standard status Active
APN 088426282482040
Size 2,240 SF
Lot size 0.23 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description W 85' OF LOTS 1 & 2 BLOCK 136 SE NW
Tax Annual Amount 3213
Legal Description W 85' OF LOTS 1 & 2 BLOCK 136 SE NW

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Tile
Building materials Stucco
Architectural style Other
Listing Agency: RE/MAX Concepts · RE/MAX International
Listed By: O'Tool, Aaron
Added: Nov 2 Last Checked: Nov 2 at 2:06PM
MLS# 752309

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-unit residential property contains 2,240 square feet across a 0.23-acre lot. Built in 1920, the duplex has stucco exterior construction, tile flooring, forced-air natural gas heat, central air conditioning, and garage parking. Public water and sewer serve the property, which is zoned Res.

Improvement work spans both units, including bathroom updates and window-covering changes. Work in 2022 included basement windows, water heaters, flue liners, PEX plumbing, window screens, basement sealing, and added aggregate in the parking area. Unit #420 received new flooring and carpet in 2021, followed by dining-room ceiling texture, a medicine cabinet, bathroom paint, and stairway work in 2023. Further interior work was completed in 2026.

Key Highlights

  • Two‑unit duplex with one unit currently rented
  • 2,240 square feet on a 0.23‑acre lot
  • 2022 work included water heaters, flue liners, PEX plumbing, and basement windows

Property Analytics

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Lease Details

2
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

714
Businesses Nearby

Demographics for 50036, IA

16,203
Population
7,416
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
96%
High-School Grad
191.7 sq mi
ZIP Area
85
Density / Sq Mi
$74,107
Median Household Income
$42,453
Median Earnings
$804
Median Rent
$172,900
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?
Duplex - Two rental units offer established residential income, with one currently occupied.
Where is this duplex located?
The property is located at 420/424 Mamie Eisenhower Avenue Boone, IA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑unit duplex with one unit currently rented; 2,240 square feet on a 0.23‑acre lot; 2022 work included water heaters, flue liners, PEX plumbing, and basement windows
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