1115 CENTRAL AVE, Hawarden, IA 51023

Local realty services provided by:CENTURY 21 ProLink
1115 CENTRAL AVE,Hawarden, IA 51023
$2,240,000
  • - Beds
  • - Baths
  • 2,208 sq. ft.
  • Multi-family
  • Active
Listed by: nic madsen
Office: gateway real estate advisors
MLS#:831744
Source:IA_GSCBOR

Price summary

  • Price:$2,240,000
  • Price per sq. ft.:$1,014.49

About this home

Investment Opportunity – Fully Renovated Multifamily Portfolio in Hawarden, IA Rare opportunity to acquire a 32-unit multifamily portfolio in Hawarden, Iowa, consisting of 28 one-bedroom units and 4 two-bedroom units across four separate parcels. 26 of 32 units have been completely renovated, offering a true turnkey investment with minimal deferred maintenance. The portfolio includes: 1115 Central Ave – 4 units 1111 Ave F – 4 units 707 Ave I – 8 units 608 12th St – 16 units All units have been fully redone, providing modern interiors that support strong tenant demand and stable occupancy. The diversified layout across multiple buildings helps reduce operational risk while allowing for efficient management. This offering is well-suited for investors seeking a stabilized asset, strong in-place condition, and long-term hold potential in a growing regional market. Properties may be sold as a complete portfolio or separately by parcel.

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Home facts

  • Year built:1975
  • Listing ID #:831744
  • Added:4 day(s) ago
  • Updated:February 14, 2026 at 12:12 AM

Rooms and interior

  • Living area:2,208 sq. ft.

Structure and exterior

  • Year built:1975
  • Building area:2,208 sq. ft.
  • Lot area:0.76 Acres

Finances and disclosures

  • Price:$2,240,000
  • Price per sq. ft.:$1,014.49
  • Tax amount:$9,518