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Duplex with Updated Interiors
New
For Sale
$260,000

424 Mamie Eisenhower Avenue, Boone, IA 50036

Residential Income, Boone, IA

Property Size2,240 SF
Lot Size0.23 Acres
Price / SF$116.07
Days on Market4

Property Features for 424 Mamie Eisenhower Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Exterior features Stucco
Basement Full
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 0006 - 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
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Number of units 2
Flooring type Vinyl, Hardwood, Carpet
Building materials Stucco
Listing Agency: RE/MAX Concepts- Waukee
Listed By: Aaron O'Tool · License #S68290
Added: Oct 30 Changed: Nov 2 Last Checked: Nov 2 at 2:06PM
MLS# 71714

Copyright © 2026 Central Iowa Board 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 Boone duplex contains 2,240 square feet across two units, with one apartment currently rented. Built in 1920, the property has stucco construction, vinyl, hardwood, and carpet flooring, forced-air heat, and central air conditioning. Public water and sewer serve the building, which sits on a 0.23-acre lot zoned Residential.

Work across the property includes bathroom finish updates, window coverings, and interior improvements. In 2023, unit #420 received a refreshed stairway, new dining-room ceiling texture, a replacement medicine cabinet, and fresh bathroom paint; its flooring and carpet were replaced in 2021. Further work in 2022 included basement windows, water heaters, flue liners, PEX plumbing, window screens, parking-area aggregate, and basement sealing.

Key Highlights

  • Two‑unit property with one apartment rented
  • 2,240 square feet on a 0.23‑acre lot
  • Residential zoning in Boone, IA

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

147
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 - One unit is rented, and both apartments have received interior and building-system improvements.
Where is this duplex located?
The property is located at 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 property with one apartment rented; 2,240 square feet on a 0.23‑acre lot; Residential zoning in Boone, IA
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