520 13th Street, Wellman, IA 52356

Building Details

Buildings 8 More

Listing Agency: Heartland Investment Real Estate

Listed By: Isaiah Garman · License IA S72613000 Show Phone

Source: Crexi

Added: Oct 6 Changed: Nov 8 Last Checked: Nov 8 at 5:59PM

Report an Issue

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 Heartland Investment Real Estate

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This residential portfolio comprises 8 duplex buildings and 16 units in Wellman, Iowa. Each residence has 2 bedrooms and 1 bathroom, and each building is served by 1 meter. Construction dates range from 1990 to 2000.

Four of the 16 units are vacant. The owner currently pays utilities.

Key Highlights

• 8 duplex buildings totaling 16 residential units
• Each unit has 2 bedrooms and 1 bathroom
• One utility meter per building; owner currently pays utilities

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

16

Residential units

Location Intelligence

Trade Area within ½ mile

78

Businesses Nearby

Explore this area Business Placement

Demographics for 52356, IA

2,833

Population

1,228

Households

2.3

Avg Household Size

39

Median Age

19%

College-Educated

94%

High-School Grad

95.0 sq mi

ZIP Area

30

Density / Sq Mi

$54,659

Median Household Income

$41,366

Median Earnings

$844

Median Rent

$205,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Similar For Sale Nearby

See more

Leased Office Condominium Suites

217 8th Ave, Wellman, IA 52356

$224,900

1,845 SF

View details

Downtown Retail Storefront

230-234 8th Ave, Wellman, IA 52356

$140,000

5,310 SF

View details

Downtown Retail and Office Condo

221 8th Ave, Wellman, IA 52356

$85,000

1,109 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - Eight separate buildings contain two-bedroom, one-bath residences, with one utility meter serving each building.

Where is this duplex located?

The property is located at 520 13th Street Wellman, IA.

What is the asking price?

The asking price for this property is $1,440,000.

What are key features of this property?

This property features: 8 duplex buildings totaling 16 residential units; Each unit has 2 bedrooms and 1 bathroom; One utility meter per building; owner currently pays utilities