Investment opportunity meets comfortable living in this well-maintained triplex! Featuring two main-level units and one spacious lower-level unit, each offering 2 bedrooms and 2 bathrooms, this property provides strong rental potential. The lower-level unit stands out with its attached 2-car garage and has been owner-occupied since purchase. The two upper units are currently rented by one tenant, offering streamlined management and consistent income. All three units feature fresh, updated interiors along with their own patio or deck space—perfect for enjoying the outdoors. The property also offers a low-maintenance yard, making upkeep simple and efficient. Conveniently located on the same street as the Edgewood-Colesburg Elementary School, this property combines a desirable location with solid investment appeal. With numerous updates already completed, this is a turnkey opportunity you won’t want to miss!
Sold for $172,500
$172,500
416 1st St, Colesburg, IA 52035
6beds
4baths
3,000sqft
Triplex
Built in 1945
-- sqft lot
$173,100 Zestimate®
$58/sqft
$886 Estimated rent
Home value
$173,100
Estimated sales range
Not available
$886/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kayla Aulwes 563-608-0862,
EXIT Realty Driftless Group
Bought with:
Kayla Aulwes
EXIT Realty Driftless Group
Source: East Central Iowa AOR as distributed by MLS GRID,MLS#: 154258
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator, Range, Washer, Dryer
Features
- Basement: Full
Interior area
- Total interior livable area: 3,000 sqft
- Finished area above ground: 1,500
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached, Open
- Has attached garage: Yes
- Has uncovered spaces: Yes
- Details: Off Street, On Street, Electricity, Service Entry, Remote Garage Door Opener, Attached
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,969 Square Feet
- Dimensions: .16
Details
- Parcel number: 450000203900
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Other
- Foundation: Tile Block
- Roof: Metal
Condition
- Year built: 1945
Community & HOA
Community
- Subdivision: See Abstract
Location
- Region: Colesburg
Financial & listing details
- Price per square foot: $58/sqft
- Tax assessed value: $142,400
- Annual tax amount: $2,021
- Date on market: 4/1/2026
- Cumulative days on market: 11 days
- Listing terms: Cash,Financing
- Tenant pays: None
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Sold | $172,500-6.8%$58/sqft |
Source:  East Central Iowa AOR as distributed by MLS GRID #154258 Report a problem | ||
| 4/12/2026 | Contingent | $185,000$62/sqft |
Source: East Central Iowa AOR as distributed by MLS GRID #154258 Report a problem | ||
| 4/1/2026 | Listed for sale | $185,000+362.5%$62/sqft |
Source: East Central Iowa AOR as distributed by MLS GRID #154258 Report a problem | ||
| 6/5/2009 | Sold | $40,000$13/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,842 +4.7% | $142,400 +23.8% |
| 2024 | $1,760 +2.9% | $115,000 |
| 2023 | $1,710 +13.1% | $115,000 +19.5% |
| 2022 | $1,512 -5.1% | $96,200 |
| 2021 | $1,594 +3.5% | $96,200 +4% |
| 2020 | $1,540 +11.8% | $92,500 |
| 2019 | $1,378 +24.6% | $92,500 +15% |
| 2018 | $1,106 -18.7% | $80,400 +19.1% |
| 2017 | $1,360 +28.8% | $67,500 |
| 2016 | $1,056 | $67,500 +10.3% |
| 2015 | $1,056 +16.6% | $61,200 |
| 2014 | $906 +0.7% | $61,200 |
| 2012 | $900 -0.4% | -- |
| 2011 | $904 +9.4% | -- |
| 2010 | $826 +5.4% | -- |
| 2009 | $784 | -- |
Find assessor info on the county website
Neighborhood: 52035
Nearby homes
- $113,8003 bd1 ba1.4k sqft412 1st St, Colesburg, IA 52035Off Market
- $78,2002 bd1 ba852 sqft413 Franklin St, Colesburg, IA 52035Off Market
- $192,5003 bd3 ba2.1k sqft417 2nd St, Colesburg, IA 52035Off Market
- $156,0002 bd2 ba1.2k sqft404 1st St, Colesburg, IA 52035Off Market
- $6,000-- bd-- ba-- sqft309 Franklin St, Colesburg, IA 52035Off Market
- $2,100-- bd-- ba-- sqft501 1st St, Colesburg, IA 52035Off Market
- $1,000-- bd-- ba-- sqft501 1st St, Colesburg, IA 52035Off Market
- $103,2003 bd1 ba1.3k sqft412 Franklin St, Colesburg, IA 52035Off Market
Nearby schools
GreatSchools rating
- 7/10Edgewood-Colesburg Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 9/10Edgewood-Colesburg High SchoolGrades: 7-12Distance: 10.4 mi
Schools provided by the listing agent
- Elementary: Ed-Co
- Middle: Ed-Co
- High: Ed-Co
Source: East Central Iowa AOR 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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- Iowa
- Delaware County
- Colesburg
- 52035
- 416 1st St
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