8-Unit Apartment
For Sale
$559,000
501 N Taylor Street, Mount Ayr, IA 50854
COMMERCIAL - Mount Ayr, IA
Property SizeContact for details
Lot Size0.23 Acres
Days on Market27
Property Features for 501 N Taylor Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning
Residential-Multi-Family
Appliances
Cooktop, Microwave, Refrigerator
Directions
from US -169 head west on E Columbus st. then right on Taylor st
Standard status
Active
APN
006381
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 136 M & A ADD
Tax Annual Amount
4572
Legal Description
LOT 136 M & A ADD
Utilities
Heating system
Baseboard
Cooling system
Window Unit(s)
Water source
Public
Amenities
coin-op laundry
Building Details
Year built
1984
Number of units
8
Building materials
Brick, Vinyl Siding
Roof type
Shingle
Listing Agency:
Creston Realty
(641) 278-1484
Listed By:
Dino Groumoutis · License #B41731000
(641) 202-0156
Added: Jul 28
Changed: Aug 19
Last Checked: Aug 23 at 12:06PM
MLS# 6340876
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 1984 apartment property contains eight units arranged across upper and garden-level areas, with a covered exterior entry serving the upper residences. The unit mix includes four two-bedroom, one-bath apartments and four one-bedroom, one-bath apartments. Construction combines brick and vinyl siding, while individual units feature electric baseboard heat and window air conditioning. Select appliances include cooktops, microwaves, and refrigerators.
The property occupies 0.23 acres at 501 N Taylor Street in Mount Ayr, Iowa. Open parking provides 12 spaces, with additional green space on the site. On-site coin-operated laundry supports the residential configuration. Public water serves the property, and water and trash removal are included. The roof, siding, gutters, and soffits were completed in 2025.
The property occupies 0.23 acres at 501 N Taylor Street in Mount Ayr, Iowa. Open parking provides 12 spaces, with additional green space on the site. On-site coin-operated laundry supports the residential configuration. Public water serves the property, and water and trash removal are included. The roof, siding, gutters, and soffits were completed in 2025.
Key Highlights
- Eight‑unit apartment property built in 1984
- Four two‑bedroom/one‑bath units and four one‑bedroom/one‑bath units
- 12 spaces of open parking with green space
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
Explore this area
Business Placement
Demographics for 50854, IA
2,223
Population
1,070
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
95%
High-School Grad
138.9 sq mi
ZIP Area
16
Density / Sq Mi
$69,352
Median Household Income
$41,122
Median Earnings
$712
Median Rent
$151,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight apartments offer a mix of one- and two-bedroom layouts with on-site laundry and open parking.
Where is this apartment building located?
The property is located at 501 N Taylor Street Mount Ayr, IA.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Eight‑unit apartment property built in 1984; Four two‑bedroom/one‑bath units and four one‑bedroom/one‑bath units; 12 spaces of open parking with green space
