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Updated Duplex Property
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700 E 3Rd Street, Carroll, IA 51401

Two-family residential asset with newer major building components and utilities included in the rent.

Property SizeContact for details
Days on Market120

Property Features for 700 E 3Rd Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 2

Building Details

Year Built 1915
Units 2
Listing Agency: Greteman & Associates
Listed By: David Greteman · License #IA 20070979
Source: Crexi
Added: May 4 Changed: Aug 30 Last Checked: Aug 30 at 9:21PM

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 Greteman & Associates

Investment Insights

Based on property information with market context.

This two-family duplex conversion, built in 1915, includes newer roofing, windows, siding, boiler equipment, and electrical service. The property is configured for residential income use with utilities included in the rent because the services are not separately metered.

Located at 700 E 3rd Street in Carroll, Iowa, the property offers an established duplex format for a buyer seeking a residential income asset with several updated building systems.

Key Highlights

  • Two‑family duplex conversion
  • Built in 1915
  • Newer roof, windows, and siding

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Home Appliance Store Bakery

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

745
Businesses Nearby

Demographics for 51401, IA

12,248
Population
5,576
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
95%
High-School Grad
168.6 sq mi
ZIP Area
73
Density / Sq Mi
$64,458
Median Household Income
$45,938
Median Earnings
$720
Median Rent
$192,100
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?
Duplex - Two-family residential asset with newer major building components and utilities included in the rent.
Where is this duplex located?
The property is located at 700 E 3Rd Street Carroll, IA.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Two‑family duplex conversion; Built in 1915; Newer roof, windows, and siding
(712) 792-6009 Call to check price and availability
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