Excellent Investment Opportunity--Fully Occupied Three-Unit Property in a Quiet Small-Town Setting. Discover a well-maintained three-unit apartment building featuring stable, long-term tenants and strong rental history. This solid income-producing property offers a low maintenance investment in a peaceful small-town location, making it an ideal addition to any real estate portfolio. Each unit is comfortably sized with practical layouts, and the property has been well maintained. With all units currently occupied, investors can enjoy immediate cash flow and the confidence of established tenant relationships. Whether you're expanding your portfolio or looking for you first multi-unit investment, this property delivers dependable returns and long-term potential.
Active
Price cut: $10K (6/1)
$250,000
510 2nd St, De Witt, IA 52742
4beds
3baths
2,087sqft
:
Get pre-qualified$1,852/mo
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$120/sqft
$-- HOA
What's special
- 233 days |
- 262 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Brenda O'Neil (563)529-2727,
NextHome QC Realty
Source: MRED as distributed by MLS GRID,MLS#: QC4269614
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Baseboard, Electric, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Interior area
- Total interior livable area: 2,087 sqft
Property
Parking
- Total spaces: 2
- Parking features: Yes, Detached, Garage
- Garage spaces: 2
Lot
- Size: 20 Acres
- Dimensions: 55 x 160
- Features: Level
Details
- Parcel number: 2007890000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: De Witt
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $130,650
- Annual tax amount: $2,272
- Date on market: 12/19/2025
Estimated market value
Not available
Estimated sales range
Not available
$896/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $250,000-3.8%$120/sqft |
Source:  MRED as distributed by MLS GRID #QC4269614 Report a problem | ||
| 11/22/2025 | Listed for sale | $260,000$125/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #QC4269614 Report a problem | ||
| 10/31/2025 | Listing removed | $260,000$125/sqft |
Source: RMLS Alliance as distributed by MLS GRID #QC4257524 Report a problem | ||
| 10/16/2024 | Listed for sale | $260,000+781.4%$125/sqft |
Source: RMLS Alliance as distributed by MLS GRID #QC4257524 Report a problem | ||
| 3/1/2005 | Sold | $29,500$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,272 +8.9% | $130,650 +5.8% |
| 2024 | $2,086 -4% | $123,520 |
| 2023 | $2,174 -15.4% | $123,520 +14.9% |
| 2022 | $2,570 -6.3% | $107,480 |
| 2021 | $2,742 -7.6% | $107,480 |
| 2020 | $2,968 -6.1% | $107,480 -4.5% |
| 2019 | $3,161 +110.1% | $112,540 |
| 2018 | $1,504 -54.6% | $112,540 +135.4% |
| 2017 | $3,316 +114.8% | $47,800 |
| 2016 | $1,544 | $47,800 |
| 2015 | $1,544 -5.2% | $47,800 |
| 2014 | $1,628 | $47,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 52742
Nearby schools
GreatSchools rating
- 9/10Central Intermediate SchoolGrades: 4-6Distance: 0.9 mi
- 4/10Central Middle SchoolGrades: 7-8Distance: 0.8 mi
- 7/10Central High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- High: Central Dewitt High School
- District: 1082
Source: MRED 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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A local agent can set up tours, give advice and negotiate with sellers.
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