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Sold for $184,000
  • $184,000

    502 E 12th St S, Newton, IA 50208

    4beds
    1,440sqft
    Multi Family
    Built in 1976
    -- sqft lot
    $183,000 Zestimate®
    $128/sqft
    $1,242 Estimated rent

    Home value

    $183,000

    $174,000 - $192,000

    $1,242/mo

    Zestimate® history
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    $996/mo

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    What's special

    Lvp flooring throughoutDetached two-stall garageNew siding
    This bi-attached duplex offers a strong investment or owner-occupant opportunity. The substantially updated property features two separate units, each with its own private entrance, totaling 1,440 square feet. Both units have been nicely updated with LVP flooring throughout, creating a clean, modern feel. Major improvements are already in place, including new siding, fascia, soffit, windows, updated electrical, and a new roof installed in 2026 on both the house and detached two-stall garage. Also new in 2026, mini-split systems have been installed in both units, providing high-efficiency heating and cooling. This all-electric property has dual electric meters. One unit includes a stove & microwave. Laundromat across the street.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jake Jenkins 641-791-2800,

    RE/MAX Concepts,

    Jo Jenkins 641-521-0302,

    RE/MAX Concepts

    Bought with:

    Michelle Spiker

    Home Realty

    Source: DMMLS,MLS#: 738698MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Electric, Natural Gas
    Cooling
    • See Remarks
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,440
    • Total interior livable area: 1,440 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage, Two Car Garage
    • Garage spaces: 2
    Features
    • Stories: 1
    Lot
    • Size: 7,919 Square Feet
    • Dimensions: 72 x 110
    • Features: Rectangular Lot
    Details
    • Parcel number: 0835301001
    • Zoning: Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Brick, Vinyl Siding
    • Foundation: Block
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Newton

    Financial & listing details

    • Price per square foot: $128/sqft
    • Tax assessed value: $150,620
    • Annual tax amount: $2,696
    • Date on market: 4/17/2026
    • Cumulative days on market: 59 days
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity
    • Electric utility on property: Yes
    • Road surface type: Concrete

    Price history

    DateEventPrice
    7/15/2026Sold$184,000-3.1%$128/sqft
    Source: DMMLS #738698 Report a problem
    6/15/2026Pending sale$189,900$132/sqft
    Source: DMMLS #738698 Report a problem
    5/13/2026Price change$189,900-2.6%$132/sqft
    Source: DMMLS #738698 Report a problem
    3/24/2026Price change$194,900-2.5%$135/sqft
    Source: DMMLS #733121 Report a problem
    2/27/2026Price change$199,900-4.8%$139/sqft
    Source: DMMLS #733121 Report a problem
    2/10/2026Price change$210,000-4.5%$146/sqft
    Source: DMMLS #733121 Report a problem
    1/20/2026Listed for sale$220,000$153/sqft
    Source: DMMLS #733121 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,696 +0.5%$150,620 +5.8%
    2024$2,682 -0.4%$142,340
    2023$2,694 +9.4%$142,340 +17.4%
    2022$2,462 +2%$121,270 +9.6%
    2021$2,414 +1.6%$110,680 +7.5%
    2020$2,376 +9.4%$102,970
    2019$2,171 -0.1%$102,970 +14.5%
    2018$2,174 +2.4%$89,930
    2017$2,122 $89,930
    2016$2,122 $89,930
    2015$2,122 +10.4%$89,930
    2014$1,922 $89,930
    Find assessor info on the county website

    Neighborhood: 50208

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Newton

    Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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