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506-512 Commercial Street, Central City, IA 52214

Local realty services provided by:CENTURY 21 BW Preferred, Inc.
506-512 Commercial Street,Central City, IA 52214
$160,000
  • - Beds
  • - Baths
  • 1,064 sq. ft.
  • Multi-family
  • Active
Listed by: michael mcdonough
Office: mcdonough real estate
MLS#:20255384
Source:IA_NEIMLS

Price summary

  • Price:$160,000
  • Price per sq. ft.:$150.38

About this home

This Four Plex shows an 9.8% return at this time. The tenants pay all utilities, and all are rented so you can walk in and start your investment. The bonus is that there is a vacant lot adjoining that the possibility exists to build another building or garages for the apartments. There is off street parking. Please allow sufficient time ahead for all showings as they are all occupied.

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Home facts

  • Year built:1900
  • Listing ID #:20255384
  • Added:45 day(s) ago
  • Updated:December 16, 2025 at 04:48 PM

Rooms and interior

  • Living area:1,064 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1900
  • Building area:1,064 sq. ft.
  • Lot area:0.3 Acres

Schools

  • High school:Central City
  • Middle school:Central City
  • Elementary school:Central City

Utilities

  • Water:Water - Multiple Meters

Finances and disclosures

  • Price:$160,000
  • Price per sq. ft.:$150.38
  • Tax amount:$1,762

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