Login

206 and 212 Nw Walnut Street, Bridgewater, IA 50837

Bridgewater
Local realty services provided by:CENTURY 21 Signature Real Estate
206 and 212 Nw Walnut Street,Bridgewater, IA 50837
$395,000
  • 18 Beds
  • 10 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: stephen patel
Office: pella real estate services
MLS#:718083
Source:IA_DMAAR

Price summary

  • Price:$395,000

About this home

New Price ~ This well-maintained multifamily property features a 4-unit and 6-unit brick apartment complex on a spacious 0.83-acre lot. The portfolio includes eight 2-bedroom units and two 1-bedroom units, offering stable income with a strong 10% cap rate. Recent upgrades include newer roofs, soffit, fascia, gutters, 31 new windows, and the removal of five trees for improved property aesthetics. Units have seen varying levels of renovation, ensuring minimal capital improvements for the new owner. On-site laundry currently offered free—convert to coin-operated or tenant-billed utilities to increase revenue. Value-add potential through rent increases and utility optimization makes this a smart buy for any investor looking to grow their portfolio in a quiet, stable market.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:718083
  • Added:287 day(s) ago
  • Updated:February 25, 2026 at 03:52 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:10
  • Full bathrooms:10
  • Kitchen Description:Built-In Oven, Refrigerator
  • Basement:Yes
  • Basement Description:Crawl Space, Finished

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Asphalt, Shingle
  • Foundation Description:Block, Poured

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Tax amount:$3,710

Features and amenities

  • Appliances:Built-In Oven, Refrigerator

New listings near 206 and 212 Nw Walnut Street