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Downtown Mixed-Use Buildings
For Sale
Contact for pricing
Pending

610 & 612 Washington Ave, Iowa Falls, IA 50126

Two renovated apartments accompany multi-level retail space.

Property SizeContact for details
Days on Market143

Property Features for 610 & 612 Washington Ave

General Information

Standard status Pending
Property subtype Multifamily, Mixed Use

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

laundry hookups
rooftop garden
stainless appliances

Building Details

Year Renovated 2017
Buildings 2
Tenancy Multi
Listing Agency: Jennings Real Estate
Listed By: Lori Krause · License #IA S38341000
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:00PM

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 Jennings Real Estate

Investment Insights

Based on property information with market context.

The offering includes two downtown buildings at 610 and 612 Washington Avenue, with two one-bedroom, one-bath apartments and a large retail area. Each apartment was remodeled in 2017 and features abundant natural light, tall ceilings, laundry hookups, hardwood and luxury vinyl flooring, stainless appliances, and an open kitchen layout. One apartment overlooks Washington Avenue, while the other faces a rooftop garden and includes access to the green roof.

The retail component spans multiple levels and provides an open interior arrangement. All tenants are responsible for their own utilities, supporting straightforward occupancy administration across the mixed-use property.

Key Highlights

  • Two downtown buildings at 610 & 612 Washington Avenue, Iowa Falls, IA 50126
  • Two 1‑bedroom / 1‑bath apartments, both remodeled in 2017
  • Large retail space with multiple levels and an open layout

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Bakery Pharmacy

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
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 50126, IA

6,576
Population
2,966
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
94%
High-School Grad
136.6 sq mi
ZIP Area
48
Density / Sq Mi
$61,711
Median Household Income
$36,702
Median Earnings
$904
Median Rent
$118,100
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?
Mixed-use property - Two renovated apartments accompany multi-level retail space.
Where is this mixed-use property located?
The property is located at 610 & 612 Washington Ave Iowa Falls, IA.
What are key features of this property?
This property features: Two downtown buildings at 610 & 612 Washington Avenue, Iowa Falls, IA 50126; Two 1‑bedroom / 1‑bath apartments, both remodeled in 2017; Large retail space with multiple levels and an open layout
More about this property
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