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Three-Unit Residential Property
For Sale
$180,000

420 N Grand Street, Chariton, IA 50049

MultiFamily, Chariton, IA

Property Size1,500 SF
Lot Size0.25 Acres
Price / SF$120
Days on Market196

Property Features for 420 N Grand Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Res
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 5, Bedroom 2, Basement, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 1
Parking features Garage
Interior features WindowTreatments
Appliances Refrigerator, Stove
Elementary school district Chariton
Middle school district Chariton
High school district Chariton
Directions Coming into town on HWY 14 take a right on Osage Ave. Then take a left onto N grand street and it will be the second property on your left.
Subdivision Chariton
Standard status Active
APN 0720308004
Size 1,500 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description 20-72-21 STAFFORDS LOT 3
Tax Annual Amount 2738
Legal Description 20-72-21 STAFFORDS LOT 3

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1900
Floors in Building 2
Flooring type Vinyl, Carpet, Laminate
Building materials MetalSiding
Roof type Asphalt, Shingle
Architectural style Other
Listing Agency: Iowa Realty Indianola
Listed By: Sandy Delzell
Added: Feb 13 Changed: Aug 27 Last Checked: Aug 28 at 9:06PM
MLS# 734435

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.

Investment Insights

Based on property information with market context.

This triplex property contains three apartment units within a 1,500-square-foot residential building on a 0.25-acre lot. The layout includes five bedrooms, three bathrooms, and a basement. Interior finishes include laminate, vinyl, and carpet flooring, along with window treatments. Each unit is supported by refrigerators and stoves, while natural-gas forced-air heat and window-unit cooling serve the property.

Located at 420 N Grand Street in Chariton, the property has public water and public sewer service. Exterior features include metal siding and an asphalt shingle roof. A garage provides on-site parking, and the home was built in 1900.

Key Highlights

  • Three apartment units in a 1,500‑square‑foot residential building
  • 0.25‑acre lot in Chariton, IA
  • Five bedrooms and three bathrooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby

Demographics for 50049, IA

6,433
Population
2,869
Households
2.2
Avg Household Size
43
Median Age
16%
College-Educated
93%
High-School Grad
208.6 sq mi
ZIP Area
31
Density / Sq Mi
$66,750
Median Household Income
$39,411
Median Earnings
$731
Median Rent
$123,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Residential investment property with three apartment units, public utilities, and a garage.
Where is this triplex located?
The property is located at 420 N Grand Street Chariton, IA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Three apartment units in a 1,500‑square‑foot residential building; 0.25‑acre lot in Chariton, IA; Five bedrooms and three bathrooms
More about this property
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