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918 Smith Street, Woodburn, IA 50275

Woodburn
Local realty services provided by:CENTURY 21 Signature Real Estate
918 Smith Street,Woodburn, IA 50275
$160,000
  • - Beds
  • - Baths
  • 2,520 sq. ft.
  • Single family
  • Active
Listed by: ben nichols
Office: re/max precision
MLS#:736137
Source:IA_DMAAR

Price summary

  • Price:$160,000
  • Price per sq. ft.:$63.49

About this home

Rare Investment Opportunity: Turnkey 4-Unit Ranch in Woodburn, Iowa The Opportunity: Attention investors! Discover the perfect "high-yield, low-entry" addition to your portfolio. Situated in the quiet community of Woodburn, just 10 minutes east of Osceola and I-35, this well-maintained four-plex offers immediate cash flow with a history of strong occupancy and low overhead. Property Highlights: Smart Layout: This ranch-style building features four identical 1-bedroom, 1-bathroom units. The single-story design is highly attractive to long-term tenants seeking easy accessibility and no stairs. Solid Construction: Built in 1977 on a durable slab foundation, the exterior features a low-maintenance brick and frame combination. Investor Details: Income: Unit 1: $500, Unit 2: $625, Unit 3: $625, Unit 4: $600, Coin operated laundry: $125 Expense: Water: $125, common area electric: $120, trash: $38 Highlights: No rental inspections, some recent window upgrades, one completely...

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Home facts

  • Year built:1977
  • Listing ID #:736137
  • Added:1 day(s) ago
  • Updated:March 12, 2026 at 09:48 PM

Rooms and interior

  • Kitchen Description:Refrigerator, Stove
  • Living area:2,520 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1977
  • Building area:2,520 sq. ft.
  • Lot area:0.39 Acres
  • Foundation Description:Block, Slab

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$160,000
  • Price per sq. ft.:$63.49
  • Tax amount:$1,610

Features and amenities

  • Appliances:Dryer, Refrigerator, Stove, Washer
  • Laundry features:Dryer, Main Level, Washer

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