8-Unit Apartment
For Sale
Contact for pricing
Pending
532 5th St, Boone, IA 50036
Updated multifamily property with separate gas and electric metering for each residence.
Property SizeContact for details
Days on Market142
Property Features for 532 5th St
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
6 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units
8
Additional Details
Utilities to Site
Yes
Building Details
Buildings
1
Listing Agency:
KW Commercial Greater Des Moines
Listed By:
Krystal Williams · License #505199
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 6:49PM
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 KW Commercial Greater Des Moines
Investment Insights
Based on property information with market context.
This multifamily property contains eight apartments: six one-bedroom, one-bath units and two two-bedroom, one-bath units. Improvements include a roof replacement completed in 2021, new plumbing installed in 2022, interior paint, LVP flooring, and fascia and gutter work completed in 2022. Renovation work is continuing as units are prepared for occupancy.
Each apartment has its own gas and electric meter, with residents responsible for those services. Ownership pays for water and garbage. The property is near a high school, downtown, and the city of Ames. Washer and dryer installations are identified as a potential additional property feature.
Each apartment has its own gas and electric meter, with residents responsible for those services. Ownership pays for water and garbage. The property is near a high school, downtown, and the city of Ames. Washer and dryer installations are identified as a potential additional property feature.
Key Highlights
- Eight apartments: six 1‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units
- Roof updated in 2021
- New plumbing installed in 2022
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated multifamily property with separate gas and electric metering for each residence.
Where is this apartment building located?
The property is located at 532 5th St Boone, IA.
What are key features of this property?
This property features: Eight apartments: six 1‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units; Roof updated in 2021; New plumbing installed in 2022
