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For sale
  • $395,000

    1204 5th St, Nevada, IA 50201

    4beds
    5,797sqft
    : 
    $3,002/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1900
    0.39 Acres Lot
    $376,800 Zestimate®
    $68/sqft
    $-- HOA

    What's special

    Shared laundry areaAccessible restroomBeautiful open wood staircaseExtensive garage space
    Opportunity awaits at 1204 5th Street in Nevada, a unique and versatile property offering an incredible amount of space and possibilities in a highly visible location along Lincoln Highway. With nearly 6,800 square feet of finished space amongst all levels, multiple residential units, extensive garage space, and ample concrete parking, this property presents an exciting opportunity for an investor, business owner, or someone looking for a truly one-of-a-kind property. The expansive main level features a beautiful open wood staircase, accessible restroom, and flexible space that could accommodate a variety of office, retail, or other uses. Upstairs, the second level features two 2-bedroom apartments, providing an opportunity for rental income while utilizing the main level for another purpose. Both apartments have benefited from significant updates. The second floor also includes a shared laundry area and one unit has access to a rooftop deck. The property also includes a large finished basement with approximately 1,100 finished square feet, providing even more usable space for storage, operations, recreation, or other needs. Garage and parking space are another major highlight. The property features an approximately 1,000-square-foot attached garage with three overhead doors, along with an additional 525-square-foot detached garage. Combined with plenty of concrete parking, there is plenty of room for vehicles, equipment, tenants, etc.
    35 days
    526
    20

    Zillow last checked:

    Listing updated:

    Listed by:

    Marc Olson Team 515-382-8620,

    RE/MAX Concepts-Nevada

    Source: CIBR,MLS#: 71114MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Upper
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Upper
      Bedroom 4
      • Level: Upper
      Full bathroom
      • Level: Upper
      Full bathroom
      • Level: Upper
      Half bathroom
      • Level: Main
      Den
      • Level: Main
      Den
      • Level: Basement
      Dining room
      • Level: Upper
      Great room
      • Level: Main
      Kitchen
      • Level: Upper
      Laundry
      • Level: Upper
      Living room
      • Level: Upper
      Living room
      • Level: Main
      Rec room
      • Level: Basement
      Utility room
      • Level: Basement
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s)
      • Flooring: Vinyl, Hardwood, Concrete, Carpet
      • Windows: Window Treatments
      • Basement: Full,Sump Pump
      Interior area
      • Total structure area: 5,797
      • Total interior livable area: 5,797 sqft
      • Finished area below ground: 1,143

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Lot
      • Size: 0.39 Acres
      • Dimensions: 120 x 140
      • Features: Level
      Details
      • Parcel number: 110639040
      • Zoning: Res
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick
      • Foundation: Brick/Mortar, Block
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Nevada

      Financial & listing details

      • Price per square foot: $68/sqft
      • Tax assessed value: $261,500
      • Annual tax amount: $3,992
      • Date on market: 8/26/2026
      • Road surface type: Hard Surface

        Estimated market value

        $376,800

        $358,000 - $396,000

        $2,034/mo

        Price history

        DateEventPrice
        8/26/2026Listed for sale$395,000+163.3%$68/sqft
        Source: CIBR #71114 Report a problem
        3/12/2015Sold$150,000-29.9%$26/sqft
        Source: CIBR #41260 Report a problem
        2/21/2015Price change$214,000-2.3%$37/sqft
        Source: The Larson Agency #41260 Report a problem
        11/13/2014Price change$219,000-25.8%$38/sqft
        Source: The Larson Agency #41260 Report a problem
        11/7/2014Listed for sale$295,000$51/sqft
        Source: The Larson Agency #41260 Report a problem
        8/20/2014Listing removed$295,000$51/sqft
        Source: The Larson Agency #40163 Report a problem
        5/23/2014Listed for sale$295,000+210.9%$51/sqft
        Source: The Larson Agency #40163 Report a problem
        11/5/2011Listing removed$94,900$16/sqft
        Source: Fjelland Real Estate & Farm Mgmt Ltd #13109 Report a problem
        10/11/2011Price change$94,900-5%$16/sqft
        Source: RE/MAX REAL ESTATE CENTER #34137 Report a problem
        9/30/2011Price change$99,900-20.7%$17/sqft
        Source: Fjelland Real Estate & Farm Mgmt Ltd #13109 Report a problem
        9/15/2011Price change$125,900+403.6%$22/sqft
        Source: Fjelland Real Estate & Farm Mgmt Ltd #13109 Report a problem
        9/2/2011Price change$25,000-80.1%$4/sqft
        Source: Auction.com Report a problem
        8/30/2011Price change$125,900+403.6%$22/sqft
        Source: Fjelland Real Estate & Farm Mgmt Ltd #13109 Report a problem
        8/10/2011Price change$25,000-80.1%$4/sqft
        Source: Auction.com Report a problem
        7/20/2011Price change$125,900-10%$22/sqft
        Source: Fjelland Real Estate & Farm Mgmt Ltd #13109 Report a problem
        6/14/2011Price change$139,900+1454.4%$24/sqft
        Source: Fjelland Real Estate & Farm Mgmt Ltd #13109 Report a problem
        6/9/2011Price change$9,000-93.6%$2/sqft
        Source: Auction.com #C101H17 Report a problem
        6/4/2011Price change$139,900+1454.4%$24/sqft
        Source: Fjelland Real Estate & Farm Mgmt Ltd #C101H17 Report a problem
        5/27/2011Price change$9,000-93.6%$2/sqft
        Source: Auction.com #C101H17 Report a problem
        5/21/2011Price change$139,900+1454.4%$24/sqft
        Source: Fjelland Real Estate & Farm Mgmt Ltd #C101H17 Report a problem
        4/29/2011Price change$9,000-93.6%$2/sqft
        Source: Auction.com #C101H17 Report a problem
        1/13/2011Price change$139,900-6.7%$24/sqft
        Source: Fannie Mae #12852 Report a problem
        11/24/2010Price change$149,900-9.6%$26/sqft
        Source: foreclosure.com Report a problem
        10/2/2010Listed for sale$165,900-8.8%$29/sqft
        Source: foreclosure.com Report a problem
        11/13/2007Sold$182,000$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,992 +2.5%$261,500 +8.7%
        2024$3,894 -2.5%$240,600
        2023$3,994 +1%$240,600 +18.5%
        2022$3,956 +2.6%$203,000
        2021$3,854 +2.9%$203,000 +8.8%
        2020$3,745 -4%$186,600
        2019$3,902 +107.2%$186,600 +5.4%
        2018$1,883 0%$177,100
        2017$1,884 +2.5%$177,100 +106.2%
        2016$1,838 $85,900
        2015$1,838 -26.1%$85,900 +10.1%
        2014$2,488 $78,000 -39.8%
        2013-- $129,600 +66.2%
        2012-- $78,000 -55.8%
        2011$3,046 -0.5%$176,500 +0.1%
        2010$3,060 +4.2%$176,400
        2009$2,938 -61.4%$176,400 -0.3%
        2008$7,608 $176,900
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 50201

        Getting around

        70 / 100
        Very Walkable
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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