For sale

$120,000

422 8th St, Boone, IA 50036

2beds

1,100sqft

$928/mo

Get pre-qualified

Single Family Residence

Built in 1920

-- sqft lot

$-- Zestimate^®

$109/sqft

$-- HOA

What's special

INVESTOR PORTFOLIO OPPORTUNITY! Three occupied rental properties in Boone offered together for $220,000. The portfolio includes 1511 5th St, 422 8th St, and 1415 5th St. All three homes are currently occupied and feature 2 bedrooms and 1 bathroom. Combined rental income is $2,350/month, providing a strong 12.8% gross rent to purchase price ratio before expenses. A great opportunity for an investor looking to acquire multiple income producing properties in one transaction. All three properties are being sold AS IS. Please do not disturb tenants. Showings require appropriate notice.

33 days
270
15

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2

Heating

Forced Air, Gas, Natural Gas

Cooling

Central Air

Appliances

Included: Dryer, Refrigerator, Stove, Washer

Features

Basement: Unfinished

Interior area

Total structure area: 1,100
Total interior livable area: 1,100 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, Garage, Two Car Garage
Garage spaces: 2

Features

Stories: 1

Details

Parcel number: 088426282182002

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Block, Brick/Mortar
Roof: Asphalt,Shingle

Condition

Resale
New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Boone

Financial & listing details

Price per square foot: $109/sqft
Tax assessed value: $137,070
Annual tax amount: $2,373
Date on market: 9/9/2026
Listing terms: Cash,Conventional
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/9/2026	Listed for sale	$120,000$109/sqft
Source: DMMLS #748935 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,146 +3.9%	$137,070 +17.7%
2024	$2,066 +5%	$116,506
2023	$1,968 -3.8%	$116,506 +23.7%
2022	$2,046 +3.1%	$94,164
2021	$1,984 +2.2%	$94,164 +10.6%
2020	$1,942 +30.3%	$85,121
2019	$1,490 +20.9%	$85,121 +35.3%
2018	$1,232 -16.6%	$62,918 +20.7%
2017	$1,478 +18.6%	$52,123 -3.9%
2016	$1,246	$54,247
2015	$1,246	$54,247