Building Details

Tenancy Multi

Listing Agency: Epique Realty k***@epique.me Show Phone

Listed By: Kyle Robinson · License #S62397000/475.163000

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 7:51AM

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Investment Insights

Based on property information with market context.

This duplex income property includes two rental units on a corner lot, along with a detached 2-car garage. The lower unit is a 2-bedroom space and is currently occupied. The upper unit offers 3 bedrooms, with one identified as non-conforming, and is vacant and ready for a new tenant.

The property is located at 632 2nd St in Buffalo, Iowa. Its corner-lot setting provides additional street-facing presence, and the detached garage supports tenant parking needs.

With one unit generating current rental income and the other available for immediate occupancy, the layout is well-suited for an investor seeking a duplex configuration with a mix of in-place and available units.

Key Highlights

• Duplex on a corner lot in Buffalo, Iowa
• Lower unit has 2 bedrooms and is currently occupied
• Upper unit has 3 bedrooms (1 non‑conforming) and is vacant and ready to rent

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Auto Parts Store Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop

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

50%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

67

Businesses Nearby

Explore this area Business Placement

Demographics for 52728, IA

1,037

Population

473

Households

2.2

Avg Household Size

40

Median Age

10%

College-Educated

88%

High-School Grad

3.1 sq mi

ZIP Area

335

Density / Sq Mi

$74,318

Median Household Income

$45,652

Median Earnings

$812

Median Rent

$118,300

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 - Corner-lot duplex with a detached 2-car garage, with one unit occupied and the upper unit ready to rent.

Where is this duplex located?

The property is located at 632 2nd St Buffalo, IA.

What are key features of this property?

This property features: Duplex on a corner lot in Buffalo, Iowa; Lower unit has 2 bedrooms and is currently occupied; Upper unit has 3 bedrooms (1 non‑conforming) and is vacant and ready to rent