Renovated Senior Housing
For Sale
$600,000
807 3rd Street, Durant, IA 52747
Three-level commercial property with accessible residential units, shared amenities, and updated building systems.
Property Size28,749 SF
Lot Size0.66 Acres
Price / SF$20.87
Days on Market263
Property Features for 807 3rd Street
General Information
Standard status
Active
Size
28,749 SF
Elevators
Yes
Lot size
0.66 Acres
Property subtype
Multi Family 5+ / Senior
Zoning
COMMR
Units
Unit Mix
13 x studio, 1 x 2BR
Multifamily Units
14
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$10,346
Amenities
community dining room
large shared living room
activity and recreation space
reading area
four-season room
fitness equipment
business center access
community laundry facilities
resident refrigerator storage
landscaped grounds
garden area
on-street parking
building-wide Wi-Fi
Building Details
Year Built
1982
Year Renovated
2025
Buildings
1
Stories
3
Listing Agency:
MR. LANDMAN
(217) 202-0924
Listed By:
Jon Fisher · License #471020503
(217) 202-0924
Source:
Compass
Added: Dec 11, 2025
Changed: Aug 30
Last Checked: Aug 30 at 2:47PM
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 MR. LANDMAN
Investment Insights
Based on property information with market context.
This senior housing property in Durant, Iowa, contains approximately 7,644 square feet across three levels and was renovated in 2025. The layout includes 14 units: 13 studios and one two-bedroom apartment. A fully operational elevator serves the basement through the second floor, and accessibility features include wheelchair access and safety rails throughout.
Shared areas include a community living room, dining room, oversized kitchen, activity and recreation space, reading area, four-season room, fitness equipment, business center access, laundry facilities, and resident refrigerator storage. The building has 400-amp electrical service, gas-fired furnaces manufactured in 2024, six separate air conditioning units, city water, and city sewer. It is zoned COMMR and includes landscaped grounds, a garden area, and on-street parking. The property is located at 807 3rd Street in Durant, Iowa.
Shared areas include a community living room, dining room, oversized kitchen, activity and recreation space, reading area, four-season room, fitness equipment, business center access, laundry facilities, and resident refrigerator storage. The building has 400-amp electrical service, gas-fired furnaces manufactured in 2024, six separate air conditioning units, city water, and city sewer. It is zoned COMMR and includes landscaped grounds, a garden area, and on-street parking. The property is located at 807 3rd Street in Durant, Iowa.
Key Highlights
- 14 units: 13 studio apartments and one two‑bedroom apartment
- Approximately 7,644 square feet on three levels, renovated in 2025
- Fully operational elevator serving the basement through the second floor
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 52747, IA
2,178
Population
886
Households
2.5
Avg Household Size
42
Median Age
32%
College-Educated
98%
High-School Grad
30.1 sq mi
ZIP Area
72
Density / Sq Mi
$84,875
Median Household Income
$52,995
Median Earnings
$773
Median Rent
$204,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Three-level commercial property with accessible residential units, shared amenities, and updated building systems.
Where is this senior housing / retirement home located?
The property is located at 807 3rd Street Durant, IA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 14 units: 13 studio apartments and one two‑bedroom apartment; Approximately 7,644 square feet on three levels, renovated in 2025; Fully operational elevator serving the basement through the second floor
