For sale

$230,000

107 Seneca St, Storm Lake, IA 50588

7beds

3,537sqft

$1,889/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$217,800 Zestimate^®

$65/sqft

$-- HOA

What's special

Great investment opportunity at 107 Seneca! This 4-unit property is conveniently located near the lake and local parks. Three of the four units are currently rented, offering immediate rental income with additional potential from the remaining unit. Each unit has separate utilities. The property features four individual units: • Basement Unit – 2 bedrooms, 1 bathroom • Main Floor Unit – 2 bedrooms, 1 bathroom • Second Floor Unit – 2 bedrooms, 1 bathroom • Top Floor Unit – 1 bedroom, 1 bathroom With a total of 7 bedrooms and 4 bathrooms across all four units, this property offers a great opportunity for an investor looking to expand their rental portfolio. Convenient location, established tenants, and separate utilities make this a property worth considering!

26 days
390
18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 2
3/4 bathrooms: 2

Heating

Baseboard

Cooling

None

Interior area

Total structure area: 3,537
Total interior livable area: 3,537 sqft
Finished area below ground: 775

Property

Parking

Total spaces: 4
Parking features: No Garage, Gravel

Lot

Size: 8,712 Square Feet

Details

Parcel number: 190211403455007
Zoning: R
Zoning description: R

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & HOA

Location

Region: Storm Lake

Financial & listing details

Price per square foot: $65/sqft
Tax assessed value: $221,500
Annual tax amount: $4,138
Price range: $230K - $230K
Date on market: 9/17/2026
Total actual rent: 2600
Tenant pays: Water, Electricity

Estimated market value

$217,800

$207,000 - $229,000

$1,109/mo

Price history

Date	Event	Price
9/17/2026	Listed for sale	$230,000+27.8%$65/sqft
Source: Northwest Iowa Regional BOR #834649 Report a problem
3/10/2022	Sold	$180,000+91.5%$51/sqft
Source: Public Record Report a problem
8/7/2012	Sold	$94,000+254.7%$27/sqft
Source: Northwest Iowa Regional BOR #44015298 Report a problem
11/29/2007	Sold	$26,500$7/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,042 +9.2%	$207,690 +7.1%
2024	$3,702 +26.3%	$193,900
2023	$2,930 +27.7%	$193,900 +47.7%
2022	$2,294 -6.4%	$131,290 +45.9%
2021	$2,450 -5.8%	$90,000
2020	$2,600 +0.8%	$90,000
2019	$2,578 +0%	$90,000
2018	$2,578 -5.2%	$90,000 +1.9%
2017	$2,718 -3.1%	$88,280
2016	$2,804	$88,280
2015	$2,804 -2.4%	$88,280
2014	$2,874 -8.8%	$88,280
2013	$3,152 +37.2%	--
2012	$2,298	$81,740