FOR SALE BY OWNER
318 W Main Street
West Branch, Iowa 52358
$249,999
RARE DUPLEX BACKING TO HERBERT HOOVER NATIONAL HISTORIC SITE
Opportunity knocks with this unique income-producing duplex in the heart of West Branch. Situated on a 0.17-acre lot and backing directly to the Herbert Hoover National Historic Site, this property combines small-town charm, rental income, and a location that is difficult to replicate.
Whether you are an investor seeking dependable cash flow or a homeowner looking to offset your mortgage by renting one unit, this property offers exceptional flexibility and value.
PROPERTY FEATURES
• Approximately 2,125 finished square feet
• Upper Unit: 3 Bedrooms, 3 Bathrooms (approximately 1,309 sq. ft.)
• Lower Unit: 2 Bedrooms, 1 Bathroom Walkout Apartment (approximately 816 sq. ft.)
• Total: 5 Bedrooms, 4 Bathrooms
• Originally built in 1899
• Lower-level apartment addition completed in the 1980s
• New windows installed in 2022
• Roof replaced within the last 5 years
• Separate electric meters
• Established rental history
• Low property taxes (approximately $2,150 annually)
INCOME POTENTIAL
Currently generating approximately $1,800 per month in rental income, or approximately $21,600 annually. This property offers immediate income potential with room for future appreciation.
LOCATION HIGHLIGHTS
• Backs directly to the Herbert Hoover National Historic Site
• Walking distance to downtown West Branch
• Close to schools, parks, restaurants, and local businesses
• Convenient access to Interstate 80
• Easy commute to Iowa City, Coralville, Cedar Rapids, and surrounding communities
WHY THIS PROPERTY STANDS OUT
The upper unit's rare 3-bedroom, 3-bathroom layout is uncommon in comparable duplex properties and offers exceptional appeal for families, professionals, or owner-occupants. Combined with the lower-level walkout apartment, the property provides flexibility for investors, house hackers, and multi-generational living arrangements.
Offered at $249,999
Shown by appointment only.
Rental information and additional financial details available upon request.
For sale by owner
Price cut: $25K (7/13)
$249,999
318 W Main St, West Branch, IA 52358
5beds
2,125sqft
Unknown
Built in 1899
-- sqft lot
$170,500 Zestimate®
$118/sqft
$-- HOA
What's special
Lower-level walkout apartment
What the owner loves about this home
The upper unit's rare 3-bedroom, 3-bathroom layout is uncommon in comparable duplex properties and offers exceptional appeal for families, professionals, or owner-occupants. Combined with the lower-level walkout apartment, the property provides flexibility for investors, house hackers, and multi-generational living arrangements.
- 83 days
- 362
- 13
Listed by:
Property Owner (319) 400-1449
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Other
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Laminate
- Basement: Finished
Interior area
- Total interior livable area: 2,125 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off-street
Features
- Exterior features: Other
- Has view: Yes
- View description: Park
Lot
- Size: 0.7 Acres
Details
- Parcel number: 050013072280010
Construction
Type & style
- Home type: Unknown
Materials
- Frame
- Foundation: Concrete
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1899
Community & HOA
Location
- Region: West Branch
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $131,840
- Annual tax amount: $2,150
- Date on market: 6/19/2026
Estimated market value
$170,500
$143,000 - $201,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $225,000-10%$106/sqft |
Source: | ||
| 7/8/2026 | Listed for sale | $249,999+85.2%$118/sqft |
Source: | ||
| 3/3/2022 | Sold | $135,000-3.5%$64/sqft |
Source: | ||
| 2/7/2022 | Contingent | $139,900$66/sqft |
Source: | ||
| 1/10/2022 | Price change | $139,900-3.5%$66/sqft |
Source: | ||
| 11/12/2021 | Price change | $145,000-3.3%$68/sqft |
Source: | ||
| 10/16/2021 | Listed for sale | $149,900+496.7%$71/sqft |
Source: | ||
| 3/4/2008 | Sold | $25,120$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,150 -9.3% | $131,840 +4.1% |
| 2024 | $2,370 +5.6% | $126,590 -10.3% |
| 2023 | $2,244 +2.4% | $141,120 +24.5% |
| 2022 | $2,192 -1.7% | $113,320 |
| 2021 | $2,230 +3.2% | $113,320 +2.8% |
| 2020 | $2,160 +23.1% | $110,220 |
| 2019 | $1,754 +2.1% | $110,220 +14.6% |
| 2018 | $1,718 | $96,200 -5% |
| 2017 | $1,718 -10.5% | $101,250 |
| 2016 | $1,920 | $101,250 +0.8% |
| 2015 | $1,920 +4.6% | $100,470 |
| 2014 | $1,836 +4.7% | $100,470 |
| 2013 | $1,754 +3.4% | -- |
| 2012 | $1,696 -3.6% | -- |
| 2011 | $1,760 +2.9% | -- |
| 2010 | $1,710 -5.8% | -- |
| 2008 | $1,816 +10.6% | -- |
| 2007 | $1,642 | -- |
Find assessor info on the county website
Monthly payment
Est. payment



