315 Locust Street, Allison, IA 50602

Local realty services provided by:CENTURY 21 Signature Real Estate
315 Locust Street,Allison, IA 50602
$45,000
  • - Beds
  • - Baths
  • 1,430 sq. ft.
  • Multi-family
  • Active
Listed by: jason strelow, josh johnson
Office: berkshire hathaway home serv
MLS#:20263911
Source:IA_NEIMLS

Price summary

  • Price:$45,000
  • Price per sq. ft.:$31.47

About this home

Investor Alert! Opportunity is knocking at 315 Locust St. in Allison! This side-by-side, all-brick duplex is ready for an investor looking for a project with strong potential. Both units are currently vacant, giving you the flexibility to renovate, rent, and create a cash-flowing investment property. One side features 2 bedrooms and 1 bathroom, while the other offers 4 bedrooms and 2 bathrooms. The property includes a full basement and a detached 2-stall garage, all conveniently located in town. This property does need a significant amount of TLC, but with the right vision and updates, there is an excellent opportunity to add value and turn this into a great income-producing property. Bring your tools, ideas, and investment strategy—this one is worth a look!

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Home facts

  • Year built:1939
  • Listing ID #:20263911
  • Added:16 day(s) ago
  • Updated:September 05, 2026 at 03:33 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Block
  • Living area:1,430 sq. ft.

Structure and exterior

  • Roof:Slate
  • Year built:1939
  • Building area:1,430 sq. ft.
  • Lot area:0.18 Acres
  • Construction Materials:Brick

Schools

  • High school:North Butler CSD
  • Middle school:North Butler CSD
  • Elementary school:North Butler CSD

Utilities

  • Water:In Street

Finances and disclosures

  • Price:$45,000
  • Price per sq. ft.:$31.47
  • Tax amount:$2,336

Parking

  • Parking description:Detached, Garage