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Two-Story Duplex
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601-603 15th Street SE, Altoona, IA 50009

Leased units offer separate living, dining, and kitchen areas in a residential setting.

Property SizeContact for details
Days on Market142

Property Features for 601-603 15th Street SE

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2

Amenities

storage shed

Building Details

Buildings 1
Stories 2
Listing Agency: BH&G Real Estate Innovations
Listed By: Misty Soldwisch · License #IA B40909
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 3:27PM

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 BH&G Real Estate Innovations

Investment Insights

Based on property information with market context.

This two-level duplex sits on a corner lot and contains two residential units. Each unit provides two bedrooms, one bathroom, a living room, a dining area, and a kitchen. A storage shed adds supplemental space for tenant belongings and outdoor storage needs.

Both units are currently leased, providing an in-place rental arrangement. The property is located within the SEP School District and near Hy-Vee, local schools, parks, and restaurants. Its residential setting combines neighborhood surroundings with access to everyday amenities.

Key Highlights

  • Two‑story duplex with two residential units
  • Each unit includes 2 bedrooms and 1 bathroom
  • Separate living room, dining area, and kitchen in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Parking Lot & Garage Law Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Garden Center

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 50009, IA

21,230
Population
8,829
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
96%
High-School Grad
27.9 sq mi
ZIP Area
761
Density / Sq Mi
$90,393
Median Household Income
$52,227
Median Earnings
$1,201
Median Rent
$261,800
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?
Duplex - Leased units offer separate living, dining, and kitchen areas in a residential setting.
Where is this duplex located?
The property is located at 601-603 15th Street SE Altoona, IA.
What are key features of this property?
This property features: Two‑story duplex with two residential units; Each unit includes 2 bedrooms and 1 bathroom; Separate living room, dining area, and kitchen in each unit
More about this property
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