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    Washington, IA Triplexes for Sale

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    Washington, Iowa Multi-Family Property
    Updated: Feb 25
    Washington, Iowa Multi-Family Property

    508 N Iowa Avenue, Washington, IA 52353

    $120,000
    2,146 sqft 0.20 AC lot
    Year built: 1900
    Wood siding exterior
    Forced air heating
    Public sewer
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    Triplex Income Property
    Updated: Feb 25
    Triplex Income Property

    508 N Iowa Ave, Washington, IA 52353

    $120,000
    Gross yearly income of $23,160 with long‑term renters
    Owner pays water, approximately $3,024 yearly
    3‑unit property: Unit 1 (2BD/1BA) with large three‑seasons porch; Unit 2 (1BD/1BA); Unit 3 (1BD/1BA)
    Monthly rent details: Unit 1 at $900, Unit 2 at $530, Unit 3 at $500
    Electric forced air heat in Units 1 and 2; electric baseboard heat in Unit 3
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Washington, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Two-Story Income Property
    Three-Unit Two-Story Income Property

    402 W Hempstead Avenue, Fairfield, IA 52556

    $169,000
    2,256 sqft 0.11 AC lot

    Three-unit two-story residential income property with covered porch, hardwood floors, and separately metered utilities.

    View details
    Grinnell Triplex with Income Potential
    Grinnell Triplex with Income Potential

    1221 Main Street, Grinnell, IA 50112

    $299,000
    2,891 sqft 0.28 AC lot

    Three-unit property in Grinnell, ideal for investors or owner-occupants.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    1604 5th Avenue, Grinnell, IA 50112

    $133,500
    2,435 sqft 0.35 AC lot

    Tri-plex with three separate units and off-street parking on a large lot near downtown Grinnell.

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    Fairfield Triplex Near Campus
    Fairfield Triplex Near Campus

    500 N Main Street, Fairfield, IA 52556

    $169,000
    3,276 sqft 0.20 AC lot

    Triplex near campus with income potential and separate utilities.

    View details

    Washington, IA Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Washington, IA on our real estate platform. These investment opportunities span a total of 2,146 square feet of properties for sale, with an estimated market value of $120,000.

    Sale prices for three-family homes in Washington, IA start at $120,000, averaging $120,000, and reaching up to $120,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 2

    Demographics Overview

    Population 9,072
    Population Growth (5Y) -3.7%
    Median Household Income $63,232
    College Educated 28.7%

    High-Yield Neighborhoods for Investment

    Identify Washington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52353 $120K

    Taxes & Financing

    Tax Rate (average for all types) 3.12%
    Property Tax per SF $36.55 per SF
    Tax Rate vs County Average 0.40 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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