Sold for $160,000

$160,000

228 4th St NE, Oelwein, IA 50662

--beds

--baths

2,580sqft

Duplex

Built in 1971

-- sqft lot

$164,900 Zestimate^®

$62/sqft

$777 Estimated rent

Home value

$164,900

Estimated sales range

Not available

$777/mo

Zestimate^® history

Owner options

List your home for rent

$777/mo

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$777/mo

Rent Zestimate^®

Refinance and save

$852/mo

Est. payment

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$852/mo

Est. payment

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What's special

Zero entry side-by-side duplexCoin-operated laundry roomFully renovated apartmentsRefrigerator and gas stove

Investors delight offering a great investment opportunity with income driven potential. Direct your attention to this 2-building , 1 Story Ranch style, Zero entry side-by-side Duplex. Each building compromises 2 fully renovated apartments equipped with a refrigerator and gas stove. Building 2 features a coin-operated laundry room. Extensive cosmetic improvements, include new flooring, paint, windows, fixtures, siding and much more. Each apartment includes a 1 stall garage. Situated in a quiet neighborhood, this property is conveniently located near the aquatic center and bike trails. Clean and ready for immediate possession. Please allow 24 hr. notice to schedule a showing. Contact us today for further information and to arrange a private viewing.

Facts & features

Interior

Heating

Forced Air

Cooling

Electric

Appliances

Laundry: Laundry Room

Features

Basement: None

Interior area

Total structure area: 2,580
Total interior livable area: 2,580 sqft
Finished area above ground: 2,580
Finished area below ground: 2,580

Property

Parking

Parking features: Garage, Parking Pad, Detached

Features

Levels: One
Patio & porch: Deck

Lot

Size: 0.45 Acres
Dimensions: 150x112

Details

Parcel number: 18221215008
Zoning: R-1
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Vinyl Siding
Roof: Asphalt

Condition

Year built: 1971

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, Water - Multiple Meters

Community & HOA

Community

Features: Sidewalks

Location

Region: Oelwein

Financial & listing details

Price per square foot: $62/sqft
Tax assessed value: $113,100
Annual tax amount: $1,770
Date on market: 5/2/2025
Cumulative days on market: 33 days
Lease term: 6 Months
Tenant pays: Electricity, Trash Collection, Gas, Water
Road surface type: Paved

Price history

Date	Event	Price
6/30/2025	Sold	$160,000-11.1%$62/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20251961 Report a problem
6/5/2025	Pending sale	$179,900$70/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20251961 Report a problem
5/2/2025	Listed for sale	$179,900-18.2%$70/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20251961 Report a problem
12/9/2024	Listing removed	$219,900$85/sqft
Source: Exit Realty #20242610 Report a problem
8/17/2024	Listed for sale	$219,900$85/sqft
Source: Exit Realty #20242610 Report a problem
8/5/2024	Listing removed	$219,900$85/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242610 Report a problem
6/20/2024	Listed for sale	$219,900-8.3%$85/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20242610 Report a problem
1/5/2024	Listing removed	--
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233897 Report a problem
10/21/2023	Price change	$239,900-4.8%$93/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233897 Report a problem
10/12/2023	Price change	$252,000-0.4%$98/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233897 Report a problem
10/10/2023	Price change	$252,900-4.5%$98/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233897 Report a problem
9/25/2023	Price change	$264,900-3.7%$103/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233897 Report a problem
9/13/2023	Listed for sale	$275,000$107/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20233897 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: 50662

Nearby homes

Nearby schools

GreatSchools rating

7/10
Wings Park Elementary School
Grades: 1-4Distance: 0.4 mi
2/10
Oelwein Middle School
Grades: 5-8Distance: 0.9 mi
4/10
Oelwein High School
Grades: 9-12Distance: 0.8 mi

Schools provided by the listing agent

Elementary: Oelwein
Middle: Oelwein
High: Oelwein

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.