Property profile

205 Jefferson St Mt Pleasant, IA 52641

OFF-MARKET
Retail space
Property ID
US25-1272082
5,600 SF 0.14 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This income-producing duplex is located within walking distance of the downtown area of Mount Pleasant, Iowa, on a 0.07-acre lot. The building totals 1,618 square feet of living area and consists of two units: a main-level apartment with 2 bedrooms and 1 bathroom, featuring a kitchen, dining area, and living room; and an upper-level 1-bedroom efficiency apartment with a rear entrance. The main level includes updated windows and has forced-air heating with central air, along with flooring described as updated and original woodwork, including pocket doors; kitchen appliances, and a washer and dryer are part of the unit. The upper-level efficiency unit has electric heat and a window air-conditioning unit. Utilities are split and separately metered for each apartment.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Total area 5,600 SF
Lot 0.14 ac (6,000 SF)
APN 411080918101100
UPID US25-1272082

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

205 Jefferson St Mt Pleasant, IA 52641
Mt Pleasant metro Census 970300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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