437 5Th Ave Clinton, IA 52732
This exceptional investment opportunity presents a six-unit multifamily property located at 437 5th Avenue South in Clinton, Iowa, zip code 52732. Built in 1900, this property offers a compelling blend of historical charm and significant income potential. The building consists of one structure encompassing six individual units, making it an ideal investment for both seasoned and aspiring real estate investors. The asking price is $59,900. The property is classified as both commercial and residential, offering flexibility and potential for various income streams. Its convenient location offers proximity to downtown Clinton, providing easy access to shopping, stores, and public transportation via nearby bus routes. This property is being sold in "as is" condition. The property is situated on land and is categorized as a duplex/triplex/quadruplex. Potential buyers should conduct their own due diligence to assess the property's condition and potential return on investment. This is a rare opportunity to acquire a multifamily property in a desirable location at an attractive price point. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.