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Mixed-Use Income Property

503 E 1st St Carroll, IA 51401

503 E 1st St, Carroll, IA, 51401
$375,000
Pending
For Sale
$375,000
Pending

Three apartments are currently in place, with an attached 2,300 SF garage and additional flex space plus a full basement.

Days on Market395

Property Features for 503 E 1st St

General Information

Standard status
Pending
Listing agency Kanne Realty & Associates
Listed by Joel Running
Source Exprealty
Added: Jun 24, 2025 Updated: Jul 22 at 7:02PM Checked: Jul 22 at 7:02PM

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.

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

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
Contact an agent
More about this property
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