507 S Greene Street, Rock Rapids, IA 51246
MULTI_FAMILY - Rock Rapids, IA
- Added:
- Sep 10, 2025
- Days on Market:
- 277
- Last Refresh:
- Jun 13 at 1:06 pm
Property Features for 507 S Greene Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- residentia
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
- Standard status
- Active
- APN
- 350000041100000
- Size
- 2,220 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SMITHS ADD LOT 4 & N 30' OF LOT 5, BLK 42
- Tax Annual Amount
- 2530
Building Details
- Year built
- 1930
- Number of units
- 2
Listing agent Jessica Mogler (507) 220-8891
Listing office Ameri/Star Real Estate, Inc 5900 S Western Ave Suite 200, Sioux Falls, IA
Listing date Sep 10, 2025
Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully renovated duplex with year built 1930 in Rock Rapids, IA
- 2 units, each with 1,110 sq ft living space featuring 3 bedrooms and 2 bathrooms
- Both units have separate HVAC systems, water heaters, and individual utility meters
- Lower unit includes an attached, insulated, heated 2‑stall garage with a floor drain
- Upper unit includes a detached, insulated, heated 2‑stall garage
- Appliances, including kitchen appliances plus washer and dryer, were new or refurbished in 2024 and included
Overview
Garage and mechanical features support comfortable year-round use. The lower unit has an attached, insulated, and heated 2-stall garage with a convenient floor drain. The upper unit includes a detached, insulated, and heated 2-stall garage. Both units are currently occupied.
For buyers seeking either an investor setup or owner-occupancy, the configuration allows one unit to be rented while living in the other. The listing also notes a tax incentive: the property currently qualifies for a 100% tax exemption on the first $75,000 of improvements for five years, with the first year calculated based on the 2024 tax assessment. Zoned residentia, this duplex is offered as a turnkey income-producing property in Rock Rapids, IA.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rock Rapids
- County
- Lyon
- State
- Iowa
- Longitude
- -96.171464
- Latitude
- 43.426626
