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    Three-Level Tri-Plex Rental Property
    Updated: Jul 13
    Three-Level Tri-Plex Rental Property

    215 Cedar Street, Story City, IA 50248

    $185,000
    1,552 sqft 0.26 AC lot
    3‑level tri‑plex with three separate units: 2BR/1.5BA basement, 2BR/1BA main level, and 1BR/1BA upper level
    Year built 1910
    Tenants pay all utilities except water
    Heating: forced air; cooling: central air
    Water source: public; sewer: public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    215 Cedar Street, Story City, IA 50248

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $170K
      Suggested

    • Property Type

      Triplex
      Built 1910
    View Property Analytics
    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Story County, IA, we suggest exploring several alternatives:

    Story County, IA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Story County, IA on our real estate platform. These investment opportunities span a total of 1,552 square feet of properties for sale, with an estimated market value of $185,000.

    Sale prices for three-family homes in Story County, IA average $185,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Featured Story County Real Estate Agencies

    Realmo connects you with licensed Story County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Friedrich Iowa Realty
    100 6th Street Ames, IA 50010
    Phone: 15152326175
    GreatIowaHomes.com

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