Rare chance to own three separate updated homes right next to each other! Each home features 1 bedroom and 1 bathroom with updates including newer roofs, windows, and vinyl siding, helping reduce maintenance and long-term expenses. These homes currently produce $22,500 in annual rental income, offering immediate cash flow for investors or a great opportunity to live in one and rent the others. The properties are located in a quiet area conveniently close to schools, shopping, and local amenities, making them attractive to tenants. Whether you're looking to expand your rental portfolio or secure a low-maintenance investment, this property offers solid income potential in a desirable location.
For sale
$159,900
2055 3rd Ave N, Fort Dodge, IA 50501
3beds
3baths
586sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$273/sqft
$-- HOA
What's special
Vinyl sidingNewer roofs
- 165 days |
- 270 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Nicholas Taylor,
Legacy Realty Group, LLC
Source: Fort Dodge BOR,MLS#: 29741
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Cooling
- Window Unit(s)
Appliances
- Included: Unit 1: Microwave, Refrigerator, Gas Range, Unit 2: Microwave, Refrigerator, Electric Gas, Unit 3: Microwave, Refrigerator, Gas Range, Unit 4: None, Water Heater: Gas Water Heater, Separate Meters
Features
- Other
- Basement: Crawl Space,Sump Pump
Interior area
- Total structure area: 586
- Total interior livable area: 586 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: No Garage, 1 Space, On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Other
Lot
- Size: 7,405 Square Feet
- Dimensions: 40 x 53 - 40 x 70 - 40 x 53
Details
- Parcel number: 0720283013
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Other
- Roof: Asphalt
Utilities & green energy
- Electric: Circuit Breakers, Separate Meters
- Sewer: Public Sewer
Community & HOA
Location
- Region: Fort Dodge
Financial & listing details
- Price per square foot: $273/sqft
- Tax assessed value: $81,650
- Annual tax amount: $1,602
- Date on market: 3/15/2026
- Total actual rent: 1925
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$861/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2026 | Listed for sale | $159,900+190.7%$273/sqft |
Source:  Fort Dodge BOR #29741 Report a problem | ||
| 12/2/2005 | Sold | $55,000$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $526 +4.8% | $26,790 +9.9% |
| 2024 | $502 -10.7% | $24,370 |
| 2023 | $562 +2.9% | $24,370 +5.9% |
| 2022 | $546 +11% | $23,010 |
| 2021 | $492 +19.4% | $23,010 +16.6% |
| 2020 | $412 +5.9% | $19,730 +16.9% |
| 2019 | $389 +8.6% | $16,880 +10% |
| 2018 | $358 -6.6% | $15,350 +9.6% |
| 2017 | $384 +9.1% | $14,010 |
| 2016 | $352 +2.3% | $14,010 |
| 2015 | $344 +3% | $14,010 |
| 2014 | $334 +2.5% | $14,010 |
| 2013 | $326 +5.2% | -- |
| 2011 | $310 +6.2% | -- |
| 2010 | $292 +8.1% | -- |
| 2009 | $270 +6.3% | -- |
| 2008 | $254 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 50501
Nearby schools
GreatSchools rating
- 2/10Duncombe Elementary SchoolGrades: 1-5Distance: 0.4 mi
- 3/10Fort Dodge Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Fort Dodge High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Fort Dodge
Source: Fort Dodge BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
