For sale

$875,000

546 2nd St, Webster City, IA 50595

10beds

8baths

19,980sqft

Get pre-qualified

Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$44/sqft

$-- HOA

What's special

Pex plumbingNew roofCoin laundry on-siteBrick and steel building

Prime mixed-use investment in Webster City's downtown retail corridor. This 19,902 SF brick & steel building features 11 apartments (6 one-bed, 2 two-bed, 3 studio) plus 2 commercial suites with strong long-term leases: Suite 1 at $2,333/mo on a 3-year lease and Suite 2 at $900/mo on a 4-year lease. Renovated in 2026: new roof, PEX plumbing, RTU, furnaces, appliances, security cameras & key fob access. RUBS system reduces utility exposure. Pro forma gross monthly income of $11,200 at stabilized occupancy. Annual NOI of $72,554 — 8.3% cap rate. 86% occupied, mostly year-plus leases. Coin laundry on-site. Priced at $44/SF. Value-add upside on 2 vacant units.

14 days

352

6

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 8

Heating

Has Heating (Unspecified Type)

Cooling

Central Air, Window Unit(s)

Appliances

Included: Unit 1: Gas Range, Refrigerator, Unit 2: Electric Gas, Refrigerator, Unit 3: Gas Range, Refrigerator, Unit 4: Gas Range, Refrigerator, Water Heater: Gas Water Heater

Features

Other
Basement: Full

Interior area

Total structure area: 19,980
Total interior livable area: 19,980 sqft

Property

Parking

Parking features: No Garage, On Street
Has uncovered spaces: Yes

Features

Patio & porch: Other

Lot

Size: 0.25 Acres
Dimensions: 88 x 124

Details

Additional structures: Apartment
Zoning description: Commercial

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Block, Brick
Foundation: Block
Roof: Rubber,Wood

Utilities & green energy

Electric: Circuit Breakers, Fuses

Community & HOA

Location

Region: Webster City

Financial & listing details

Price per square foot: $44/sqft
Tax assessed value: $219,000
Annual tax amount: $4,874
Date on market: 6/26/2026
Total actual rent: 4475
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,001/mo

Price history

Date	Event	Price
6/26/2026	Listed for sale	$875,000+150.1%$44/sqft
Source: Fort Dodge BOR #30042 Report a problem
5/16/2022	Listing removed	--
Source: Fort Dodge BOR Report a problem
12/12/2021	Pending sale	$349,900$18/sqft
Source: Fort Dodge BOR #21800 Report a problem
10/17/2021	Listed for sale	$349,900$18/sqft
Source: Fort Dodge BOR #21800 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified