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Triplex with Detached Garage
For Sale
$195,000

527 Boone St, Boone, IA 50036

Three-unit property with central air, updated exterior components, basement laundry, and off-street parking near downtown.

Property Size2,024 SF
Price / SF$96.34
Days on Market104

Property Features for 527 Boone St

General Information

Standard status Active
Size 2,024 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Amenities

coin-operated laundry
Listing Agency: iHome Realty
Listed By: Dori Burma (515) 432-2353 · License #S5744658
Source: Desmoineshomesforsale
Added: Jul 5 Changed: Oct 1 Last Checked: Oct 16 at 9:39AM

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 iHome Realty

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Investment Insights

Based on property information with market context.

This 2,024-square-foot triplex provides three residential units within a well-maintained property. Recent improvements include vinyl siding, windows, and roofing, while a newer furnace and central air support building systems. The full basement contains coin-operated laundry, and residents have access to off-street parking.

A detached two-car garage adds flexible storage or parking capacity. The property is positioned near downtown Boone, with shopping, dining, services, and other local amenities nearby. Its three-unit configuration may suit an owner-occupant seeking on-site living alongside rental units or an investor evaluating a multifamily property.

Key Highlights

  • Three‑unit multifamily property totaling 2,024 SF
  • Detached two‑car garage
  • Newer furnace and central air

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Dental Office Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Building Supply

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby

Demographics for 50036, IA

16,203
Population
7,416
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
96%
High-School Grad
191.7 sq mi
ZIP Area
85
Density / Sq Mi
$74,107
Median Household Income
$42,453
Median Earnings
$804
Median Rent
$172,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with central air, updated exterior components, basement laundry, and off-street parking near downtown.
Where is this triplex located?
The property is located at 527 Boone St Boone, IA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Three‑unit multifamily property totaling 2,024 SF; Detached two‑car garage; Newer furnace and central air
More about this property
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