1000 3rd St. N.w., Independence, IA 50644
Local realty services provided by:CENTURY 21 Signature Real Estate
1000 3rd St. N.w.,Independence, IA 50644
$175,000
- - Beds
- - Baths
- 1,072 sq. ft.
- Multi-family
- Pending
Listed by: curt martin
Office: re/max independence realty
MLS#:20260986
Source:IA_NEIMLS
Price summary
- Price:$175,000
- Price per sq. ft.:$163.25
About this home
Great opportunity to add a solid income-producing property to your portfolio! This 2-story duplex offers two spacious apartments, each with comfortable layouts and desirable amenities for tenants. The recently updated upper-level apartment features a welcoming entryway that leads into a roomy eat-in kitchen with pantry. A large living room provides plenty of space, while two bedrooms and a nicely updated bathroom with a large tiled shower and laundry area complete the living area. The main-level apartment offers an eat-in kitchen, comfortable living room, two bedrooms, and a bathroom featuring a tiled shower and laundry area. Both units provide practical, easy-to-maintain living spaces that appeal to long-term renters. Situated on a nice corner lot, the property includes an off-street parking area and a concrete patio, offering outdoor space for tenants to enjoy. Each apartment is currently leased for $850/month, creating immediate rental income. Tenants pay electric, water, sewer, and garbage, while the landlord covers gas, lawn care, and snow removal. Most appliances are included with the sale, making this a convenient turnkey investment. (Upstairs microwave and downstairs washer/dryer belong to tenants and are excluded.) With both units occupied and generating steady rental income, this duplex presents an excellent opportunity for investors seeking reliable cash flow....
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Home facts
- Year built:1940
- Listing ID #:20260986
- Added:42 day(s) ago
- Updated:April 24, 2026 at 12:33 AM
Rooms and interior
- Basement:Yes
- Living area:1,072 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Steam
Structure and exterior
- Roof:Asphalt
- Year built:1940
- Building area:1,072 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Corner Lot
- Construction Materials:Vinyl Siding
- Exterior Features:Patio
Schools
- High school:Independence
- Middle school:Independence
- Elementary school:Independence
Utilities
- Water:Water - Multiple Meters
Finances and disclosures
- Price:$175,000
- Price per sq. ft.:$163.25
- Tax amount:$2,140
Features and amenities
- Laundry features:Laundry Room
Parking
- Parking description:Over 1 Space
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