Building Details

Buildings 1

Listing Agency: Stewart Realty Company l***@stewartrealtysells.com Show Phone

Listed By: Lori Stewart · License #B56877 Show Phone

Source: Exprealty

Added: Jun 1 Changed: Aug 29 Last Checked: Aug 29 at 2:21PM

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Investment Insights

Based on property information with market context.

Located at 6-135 W Main Ave in Rockford, Iowa, this six-unit apartment building contains 12 bedrooms and six bathrooms. The unit mix includes one- to two-bedroom and three-bedroom apartments, along with two one-stall garages and a full basement.

Each apartment has separate utility metering for gas service through Black Hills and electric service through the City of Rockford. Regional access is provided by the Avenue of Saints, a four-lane highway connecting Rockford with Mason City, Clear Lake, Waterloo, Cedar Falls, and intervening communities.

Key Highlights

• Six‑unit apartment building with 12 bedrooms and six bathrooms
• Unit mix includes one- to two‑bedroom and three‑bedroom apartments
• Two one‑stall garages and a full basement

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Auto Repair Shop (Bike/Boat/Book/etc) Store Hair Salon Restaurant Catering Service

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

6

Residential units

Yes

Highway access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

89

Businesses Nearby

Explore this area Business Placement

Demographics for 50468, IA

1,497

Population

739

Households

2

Avg Household Size

45

Median Age

20%

College-Educated

95%

High-School Grad

98.6 sq mi

ZIP Area

15

Density / Sq Mi

$63,485

Median Household Income

$42,292

Median Earnings

$776

Median Rent

$139,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Individually metered apartments include garages and a full basement.

Where is this apartment building located?

The property is located at 6-135 W Main Ave Rockford, IA.

What is the asking price?

The asking price for this property is $190,000.

What are key features of this property?

This property features: Six‑unit apartment building with 12 bedrooms and six bathrooms; Unit mix includes one- to two‑bedroom and three‑bedroom apartments; Two one‑stall garages and a full basement