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Sold for $161,000
    • $161,000

    204-206 Elm St, Iowa Falls, IA 50126

    4beds
    2baths
    1,936sqft
    Duplex
    Built in 1980
    -- sqft lot
    $160,500 Zestimate®
    $83/sqft
    $935 Estimated rent

    Home value

    $160,500

    Estimated sales range

    Not available

    $935/mo

    Zestimate® history
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    What's special

    Off-street parking
    Exceptional Investment Opportunity - Income Producing Duplex Don't miss this fantastic opportunity to own a well-maintained duplex ideally suited for investors or owner-occupants looking to offset their mortgage with rental income. This property features two spacious 2-bedroom units, each with off-street parking and 1-stall garage. Whether you're a seasoned investor seeking reliable cash flow or a first-time buyer looking to house-hack, this duplex delivers tremendous value and versatility. Currently tenant occupied, with one half rented at $875/month until 3/31/28, and the other half rented at $700 with a lease ending at the end of May 2026. Owner is actively seeking a new tenant, at a desired rental rate of $800/month.

    Zillow last checked:

    Listing updated:

    Listed by:

    Wesley Sindt 319-240-8208,

    Structure Real Estate

    Bought with:

    Non Member, nonmem

    NON-MEMBER

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20262066MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Cooling
    • Central Air
    Appliances
    • Laundry: 1st Floor, In Hall, Laundry Closet
    Features
    • Basement: None
    Interior area
    • Total structure area: 1,936
    • Total interior livable area: 1,936 sqft
    • Finished area above ground: 1,936
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Parking Space, Paved, Attached
    • Uncovered spaces: 4
    Lot
    • Size: 0.27 Acres
    • Dimensions: 121 x 44 x 142 x 142
    • Features: Level
    Details
    • Parcel number: 892018102017
    • Zoning: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters

    Community & HOA

    Location
    • Region: Iowa Falls

    Financial & listing details

    • Price per square foot: $83/sqft
    • Tax assessed value: $164,180
    • Annual tax amount: $2,946
    • Date on market: 5/14/2026
    • Cumulative days on market: 48 days
    • Lease term: 9 Months or Less
    • Tenant pays: Electricity, Trash Collection, Gas, Heat, Snow Removal, Water

    Price history

    DateEventPrice
    8/7/2026Sold$161,000+0.6%$83/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262066 Report a problem
    7/2/2026Pending sale$160,000$83/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262066 Report a problem
    6/25/2026Listing removed$800
    Source: Zillow Rentals Report a problem
    6/12/2026Listed for rent$800-3%
    Source: Zillow Rentals Report a problem
    5/14/2026Listed for sale$160,000+3.2%$83/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262066 Report a problem
    12/15/2025Listing removed$825
    Source: Zillow Rentals Report a problem
    12/11/2025Listed for rent$825
    Source: Zillow Rentals Report a problem
    12/3/2025Listing removed$155,000$80/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6331680 Report a problem
    9/10/2025Listed for sale$155,000+10.3%$80/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6331680 Report a problem
    1/18/2023Sold$140,500+0.4%$73/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6304435 Report a problem
    12/5/2022Pending sale$140,000$72/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6304435 Report a problem
    11/29/2022Listed for sale$140,000$72/sqft
    Source: NoCoast MLS as distributed by MLS GRID #6304435 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 50126

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Iowa Falls
    • Middle: Iowa Falls
    • High: Iowa Falls

    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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    An equal housing lender. NMLS #10287.

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