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Multifamily Property
New
For Sale
$1,440,000

520/522 13th Street, Wellman, IA 52356

The residential property is zoned Res and is offered with additional properties in Wellman.

Property Size19,993 SF
Price / SF$72.03
Days on Market6

Property Features for 520/522 13th Street

General Information

Standard status Active
Size 19,993 SF
Property subtype Multi-Family
Zoning Res

Taxes and HOA fees

Annual Taxes $37,550

Amenities

See Remarks
Yes
Public
2.35
2.35 Acre

Building Details

Year Built 1990
Listing Agency:
Listed By: Livia Mettler
Source: Pinnaclerealtyia
Added: Oct 2 Changed: Oct 6 Last Checked: Oct 5 at 3:51PM

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 Livia Mettler

Investment Insights

Based on property information with market context.

The multifamily property at 520/522 13th Street is in Wellman, Iowa, and was built in 1990. The property is zoned Res and includes 2.35 acres.

The sale package also includes properties at 1302, 1304, 1306, and 1308 6th Ave N; 1416 and 1418 6th Ave N; 1502 and 1504 6th Ave N; 1417 and 1419 6th Ave N; 1503 and 1505 6th Ave N; and 508 14th St in Wellman.

Key Highlights

  • 2.35 acres
  • Built in 1990
  • Zoned Res

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop HVAC Service Plumbing Service Hair Salon Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - The residential property is zoned Res and is offered with additional properties in Wellman.
Where is this multifamily property located?
The property is located at 520/522 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: 2.35 acres; Built in 1990; Zoned Res
More about this property
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