Investor Alert!! This duplex in Palo is ready for its new owner. Both sides are currently occupied. Unit 46 pays 700/month and 48 pays 650/month. Each unit pays water, gas, and electricity. This is a great value-add opportunity as rents are below market value and the units could use some TLC. Each unit is 2 bed 1 bath with an unfinished lower level that could add more finished square feet or a bedroom bathroom configuration. This duplex also offers a detached 3-stall garage, great for those with extra items needing stored, or covered parking spaces for tenants. The backyard is an oasis and has been very well cared for. Hurry, it won’t last long!
Sold for $180,000
$180,000
48 Church St #46 & 48, Palo, IA 52324
--beds
--baths
1,648sqft
Multi Family
Built in 1967
-- sqft lot
$204,800 Zestimate®
$109/sqft
$1,008 Estimated rent
Home value
$204,800
$188,000 - $223,000
$1,008/mo
Zestimate® history
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$992/mo
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Covered parking spaces
Zillow last checked:
Listing updated:
Listed by:
Jason Vestweber 319-551-0373,
SKOGMAN REALTY
Bought with:
Melissa Redinbaugh
Pinnacle Realty LLC
Source: CRAAR, CDRMLS,MLS#: 2305460
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Basement: Full
Interior area
- Total interior livable area: 1,648 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Lot
- Size: 0.26 Acres
- Dimensions: 140 x 80
Details
- Parcel number: 122910500400000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Palo
Financial & listing details
- Price per square foot: $109/sqft
- Annual tax amount: $2,950
- Date on market: 8/17/2023
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2023 | Sold | $180,000-9.8%$109/sqft |
Source:  CRAAR, CDRMLS #2305460 Report a problem | ||
| 9/6/2023 | Pending sale | $199,500$121/sqft |
Source: CRAAR, CDRMLS #2305460 Report a problem | ||
| 8/28/2023 | Price change | $199,500-5%$121/sqft |
Source: CRAAR, CDRMLS #2305460 Report a problem | ||
| 8/17/2023 | Listed for sale | $210,000$127/sqft |
Source: CRAAR, CDRMLS #2305460 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 52324
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Nearby schools
GreatSchools rating
- 10/10Viola Gibson Elementary SchoolGrades: PK-5Distance: 4.5 mi
- 7/10Harding Middle SchoolGrades: 6-8Distance: 7.9 mi
- 3/10John F Kennedy High SchoolGrades: 9-12Distance: 6.5 mi
Schools provided by the listing agent
- Elementary: Viola Gibson
- Middle: Harding
- High: Kennedy
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$204,800
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$208,896
- Iowa
- Linn County
- Palo
- 52324
- 48 Church St Unit 46 & 48
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