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Sold for $859,900
  • $859,900

    1312-1318 1324 East St #28, Norwalk, IA 50211

    3beds
    4,935sqft
    Multi Family
    Built in 2024
    -- sqft lot
    $850,800 Zestimate®
    $174/sqft
    $2,253 Estimated rent

    Home value

    $850,800

    $689,000 - $1.05M

    $2,253/mo

    Zestimate® history
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    What's special

    This newly constructed 3-plex offers an excellent investment opportunity with three well-designed, 1,645 SF units. Each 2-story unit includes 3 bedrooms, 2.5 baths, and an attached 2-car garage. The main floor features an open layout with Quartz countertops, tile backsplash, island, corner pantry, stainless steel appliances, and luxury vinyl plank flooring. Upstairs, enjoy a spacious primary suite with private bath and walk-in closet, two additional bedrooms, full bath, and laundry. The property includes private patios, backyard space, and low HOA dues of $165/month covering snow removal, lawn care, exterior maintenance, and insurance. A 5-year partial tax abatement further supports cash flow, and CenturyLink internet is ready for tenant setup. Seller is also willing to secure tenants and rent out units if the buyer prefers—a comparable unit is currently leasing for $2,050/month. Contact us for more details.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ludwig, Kalen N (515)402-3169,

    Peoples Company,

    Keaton Dreher 515-650-1276,

    Peoples Company

    Bought with:

    Tyler Weyers

    Century 21 Signature

    Source: DMMLS,MLS#: 707774MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 3
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Stove
    • Laundry: Upper Level
    Features
    • Cable TV
    • Flooring: Carpet
    • Basement: Egress Windows,Unfinished
    Interior area
    • Total structure area: 4,935
    • Total interior livable area: 4,935 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Two Car Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,227 Square Feet
    • Features: Rectangular Lot
    Details
    • Parcel number: 63348010220, 63348010230, 63348010240
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Poured
    • Roof: Asphalt,Shingle
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2024
    Details
    • Builder name: Ground Breaker Homes, LLC

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Maintenance Structure, Snow Removal
    • HOA fee: $165 monthly
    • HOA name: The Greens At Warrior Run
    • Second HOA name: Cushman & Wakefield
    Location
    • Region: Norwalk

    Financial & listing details

    • Price per square foot: $174/sqft
    • Annual tax amount: $6
    • Date on market: 11/13/2024
    • Cumulative days on market: 43 days
    • Listing terms: Cash,Conventional,Contract
    • Tenant pays: Electricity, Water
    • Electric utility on property: Yes
    • Road surface type: Concrete

    Price history

    DateEventPrice
    2/18/2025Sold$859,900-0.6%$174/sqft
    Source: DMMLS #707774 Report a problem
    12/27/2024Pending sale$864,700$175/sqft
    Source: DMMLS #707774 Report a problem
    11/13/2024Listed for sale$864,700$175/sqft
    Source: DMMLS #707774 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 50211

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Norwalk

    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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    $850,800
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    With Zillow Showcase(estimated)
    $867,816