Investors take note! 3-unit apartment building has a pair of 2-bedroom units and a 1-bedroom unit. Stoves and fridges included in 119 & 121 with stove, fridge, built in microwave and stack washer & dryer in 117. Coin washer & dryer in the hall for 119 & 121. 119 also has through the wall a/c unit. 117 had numerous updates in 2018 including kitchen remodel and it also has an attached garage. Electricity & garbage are paid by the tenant, landlord pays heat, water, and sewer. Current rents total $1,875 with long term tenants in 117 & 121. Tenant in 119 moved in Feb. 2024. Property is in 500 year flood plain. Please allow 24 hours' notice for showings to notify tenants. Buyer to participate in a 1031 exchange with at no additional expense to the buyer. Seller is a licensed real estate broker in the State of Iowa.
Sold for $154,900
$154,900
117-119-121 7th St NE, Independence, IA 50644
--beds
--baths
2,550sqft
Triplex
Built in 1910
-- sqft lot
$174,700 Zestimate®
$61/sqft
$1,042 Estimated rent
Home value
$174,700
$157,000 - $196,000
$1,042/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Steven Ohl 319-361-3723,
Ohl Iowa Realty, Inc
Bought with:
Lori Beierschmitt, B29495
Advanced, Realtors LLC
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20242081
Facts & features
Interior
Heating
- Steam
Cooling
- Attic Fan, Wall Unit(s)
Appliances
- Laundry: Laundry Room
Features
- Basement: Crawl Space,Interior Entry,Floor Drain
Interior area
- Total structure area: 2,550
- Total interior livable area: 2,550 sqft
- Finished area above ground: 2,222
- Finished area below ground: 1,450
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage, Over 1 Space, Parking Space
- Uncovered spaces: 4
Lot
- Size: 5,940 Square Feet
- Dimensions: 66 x 90
Details
- Parcel number: 0634409002
- Zoning: C-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas in Rent, Water in Rent, Other
Community & HOA
Location
- Region: Independence
Financial & listing details
- Price per square foot: $61/sqft
- Tax assessed value: $116,970
- Annual tax amount: $1,932
- Date on market: 5/22/2024
- Cumulative days on market: 33 days
- Lease term: Month To Month
- Tenant pays: Electricity, Trash Collection
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2024 | Sold | $154,900$61/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20242081 Report a problem | ||
| 6/23/2024 | Pending sale | $154,900$61/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242081 Report a problem | ||
| 6/19/2024 | Price change | $154,900-6.1%$61/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242081 Report a problem | ||
| 5/22/2024 | Listed for sale | $164,900$65/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242081 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 50644
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Nearby schools
GreatSchools rating
- NAEast Elementary SchoolGrades: K-2Distance: 0.7 mi
- 3/10Independence Junior Senior High SchoolGrades: 7-12Distance: 1.3 mi
- 6/10West Elementary SchoolGrades: 3-6Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Independence
- Middle: Independence
- High: Independence
Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Buchanan County
- Independence
- 50644
- 117-119-121 7th St NE
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