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    Property profile & analytics

    812 6Th St Harlan, IA 51537

    • Apartment buildings
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-2149282
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 812 6Th St

    Property type
    Apartment buildings

    Description

    This exceptional investment opportunity presents a well-maintained multifamily property located at 812 6th Street in Harlan, Iowa. The property comprises a main building constructed in 1972, featuring six two-bedroom apartments, and a secondary building built in 1976. The secondary building offers four ground-level garages, providing ample parking for residents. Adding to the property's appeal is a spacious two-bedroom apartment situated on the upper level of the secondary building, boasting approximately 1,456 square feet of living space. The property also includes convenient coin-operated laundry facilities for tenant use. This income-generating property offers a solid return on investment. Tenants are responsible for their individual electric and gas utilities, while water and sewer are covered by the landlord. The property is priced at $499,900. A minimum 48-hour notice is required for all showings. A virtual tour is available online. This is an excellent opportunity for an investor seeking a stable and profitable multifamily investment in a desirable location. The property's age and established tenancy contribute to its strong potential for continued success. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Harlan
    County
    Shelby
    State
    Iowa
    Longitude
    -95.31747
    Latitude
    41.66001
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    812 6Th St
    Harlan, IA 51537
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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