Attention income property investors! If you have been looking for the perfect property to add to your existing portfolio or if you are a beginning investor looking to start investing in multi-family real estate, this is the ideal property for you. This property contains six units: four (2 Bedroom and 1 bath) and two (1 Bedroom – 1 bath), with a gross annual revenue of $46,200 as of 03/31/26. The property has a number of tenants who have been residents for many years. There is potential for increased revenue generation for the units with the current market. The property was built in 1997 and has been well maintained to minimize future potential maintenance costs. The location is extremely desirable, situated about one block off of the Winterset square with easy access of all the area's major amenities and services.
Sold for $420,000
$420,000
122 E Jefferson St #1-6, Winterset, IA 50273
10beds
--baths
5,952sqft
Multi Family
Built in 1997
-- sqft lot
$421,400 Zestimate®
$71/sqft
$1,296 Estimated rent
Home value
$421,400
Estimated sales range
Not available
$1,296/mo
Zestimate® history
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$2,832/mo
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Zillow last checked:
Listing updated:
Listed by:
Bob Ruby 515-987-8400,
Ruby Realty Group LLC
Bought with:
Alyssa Tadlock
Madison County Realty
Source: DMMLS,MLS#: 737262
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
Heating
- Baseboard, Electric, Forced Air, Gas
Cooling
- Central Air
Interior area
- Total structure area: 5,952
- Total interior livable area: 5,952 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,806 Square Feet
Details
- Parcel number: 828000117012100
- Zoning: Multi
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Stucco, Wood Siding
- Roof: Asphalt,Shingle
Condition
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
HOA
- Has HOA: No
- Services included: Insurance
Location
- Region: Winterset
Financial & listing details
- Price per square foot: $71/sqft
- Annual tax amount: $10,740
- Date on market: 3/30/2026
- Cumulative days on market: 4 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas, Insurance, Water
- Electric utility on property: Yes
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Sold | $420,000-4.5%$71/sqft |
Source:  DMMLS #737262 Report a problem | ||
| 4/3/2026 | Pending sale | $440,000$74/sqft |
Source: DMMLS #737262 Report a problem | ||
| 3/30/2026 | Listed for sale | $440,000$74/sqft |
Source: DMMLS #737262 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 50273
Nearby homes
- $---- bd-- ba-- sqft121 N John Wayne Dr, Winterset, IA 50273Off Market
- $158,0002 bd1 ba992 sqft122 E Jefferson St APT 4, Winterset, IA 50273Off Market
- $418,1002 bd1 ba992 sqft122 E Jefferson St APT 1, Winterset, IA 50273Off Market
- $108,6001 bd1 ba992 sqft122 E Jefferson St APT 5, Winterset, IA 50273Off Market
- $158,0002 bd1 ba992 sqft122 E Jefferson St APT 3, Winterset, IA 50273Off Market
- $108,6001 bd1 ba992 sqft122 E Jefferson St APT 6, Winterset, IA 50273Off Market
- $114,5002 bd1 ba992 sqft122 E Jefferson St APT 2, Winterset, IA 50273Off Market
- $256,000-- bd-- ba902 sqft106 E Jefferson St, Winterset, IA 50273Off Market
Nearby schools
GreatSchools rating
- 5/10Winterset Elementary SchoolGrades: PK-3Distance: 0.3 mi
- 5/10Winterset Junior High SchoolGrades: 7-8Distance: 0.8 mi
- 6/10Winterset Senior High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Winterset
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$421,400
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- Iowa
- Madison County
- Winterset
- 50273
- 122 E Jefferson St Unit 1-6
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