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204-206 E Elm Street, Iowa Falls, IA 50126

Iowa Falls
Local realty services provided by:CENTURY 21 BW Preferred, Inc.
204-206 E Elm Street,Iowa Falls, IA 50126
$160,000
  • - Beds
  • - Baths
  • 1,936 sq. ft.
  • Multi-family
  • Active
Listed by: wesley sindt
Office: structure real estate
MLS#:20262066
Source:IA_NEIMLS

Price summary

  • Price:$160,000
  • Price per sq. ft.:$82.64

About this home

Exceptional Investment Opportunity - Income Producing Duplex Don't miss this fantastic opportunity to own a well-maintained duplex ideally suited for investors or owner-occupants looking to offset their mortgage with rental income. This property features two spacious 2-bedroom units, each with off-street parking and 1-stall garage. Whether you're a seasoned investor seeking reliable cash flow or a first-time buyer looking to house-hack, this duplex delivers tremendous value and versatility. Currently tenant occupied, with one half rented at $875/month until 3/31/28, and the other half rented at $700 with a lease ending at the end of May 2026. Owner is actively seeking a new tenant, at a desired rental rate of $800/month.

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Home facts

  • Year built:1980
  • Listing ID #:20262066
  • Added:7 day(s) ago
  • Updated:May 22, 2026 at 02:54 PM

Rooms and interior

  • Basement:Yes
  • Living area:1,936 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1980
  • Building area:1,936 sq. ft.
  • Lot area:0.27 Acres
  • Lot Features:Level
  • Construction Materials:Vinyl Siding

Schools

  • High school:Iowa Falls
  • Middle school:Iowa Falls
  • Elementary school:Iowa Falls

Utilities

  • Water:Water - Multiple Meters

Finances and disclosures

  • Price:$160,000
  • Price per sq. ft.:$82.64
  • Tax amount:$2,946

Features and amenities

  • Laundry features:1st Floor, In Hall, Laundry Closet

Parking

  • Parking description:Attached, Garage, Parking Space, Paved

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