Mixed-Use Income
For Sale
$375,000
Pending
503 E 1st St, Carroll, IA 51401
Three apartments are currently in place, with an attached 2,300 SF garage and additional flex space plus a full basement.
Property SizeContact for details
Days on Market441
Property Features for 503 E 1st St
General Information
Standard status
Pending
Taxes and HOA fees
Annual Taxes
$5,460
Listing Agency:
Kanne Realty & Associates
(712) 792-2776
Listed By:
Joel Running
(712) 790-4805
Source:
Exprealty
Added: Jun 24, 2025
Changed: Aug 21
Last Checked: Sep 6 at 12:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kanne Realty & Associates
Investment Insights
Based on property information with market context.
This property offers multiple configuration options, currently featuring three apartments, including one that is updated and move-in ready. In addition to the apartment space, the property includes an attached 2,300 SF garage and more than 3,400 SF of additional space that could be adapted for office, apartment, or home use. A full basement is also included.
The property is offered for sale with the flexibility to operate as residential income, office space, or a combination of uses, depending on the buyer’s plans.
The property is offered for sale with the flexibility to operate as residential income, office space, or a combination of uses, depending on the buyer’s plans.
Key Highlights
- Three apartments currently in place, including one updated and move‑in ready unit
- Attached 2,300 SF garage
- Over 3,400 SF additional flex space for offices, apartments, or a home configuration
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
Explore this area
Business Placement
Demographics for 51401, IA
12,248
Population
5,576
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
95%
High-School Grad
168.6 sq mi
ZIP Area
73
Density / Sq Mi
$64,458
Median Household Income
$45,938
Median Earnings
$720
Median Rent
$192,100
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?
Triplex - Three apartments are currently in place, with an attached 2,300 SF garage and additional flex space plus a full basement.
Where is this triplex located?
The property is located at 503 E 1st St Carroll, IA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three apartments currently in place, including one updated and move‑in ready unit; Attached 2,300 SF garage; Over 3,400 SF additional flex space for offices, apartments, or a home configuration
