Discover an incredible investment opportunity with this Four-plex located in Shelby, Iowa, just 35 minutes from downtown Omaha. Perfect for expanding your investment portfolio or for house hacking. Each featuring 2 bedrooms, 1 full bathroom, complete with a stove and refrigerator. The units are separately metered for electricity, and tenants have access to a shared utility room with a coin-operated washer and dryer on the lower level. Fully occupied and generating a gross rental income of $3,300 per month, there is potential to increase rents to market value and implement a RUBS (Ratio Utility Billing System) for additional income. Ample parking is provided for tenants. With immediate rental income and and potential for increased profitability, this property is a fantastic opportunity.
Sold for $282,500
Price history
| Date | Event | Price |
|---|---|---|
| 9/27/2024 | Sold | $282,500-2.2%$83/sqft |
Source: SWIAR #24-784 Report a problem | ||
| 7/16/2024 | Pending sale | $289,000$85/sqft |
Source:  GPRMLS #22410934 Report a problem | ||
| 6/29/2024 | Listed for sale | $289,000$85/sqft |
Source: SWIAR #24-784 Report a problem | ||
| 6/25/2024 | Pending sale | $289,000$85/sqft |
Source: GPRMLS #22410934 Report a problem | ||
| 6/12/2024 | Price change | $289,000-3.7%$85/sqft |
Source: SWIAR #24-784 Report a problem | ||
| 5/28/2024 | Price change | $299,999-3.2%$88/sqft |
Source: GPRMLS #22410934 Report a problem | ||
| 5/3/2024 | Listed for sale | $310,000+82.4%$91/sqft |
Source: GPRMLS #22410934 Report a problem | ||
| 6/1/2023 | Sold | $170,000+161.5%$50/sqft |
Source: Agent Provided Report a problem | ||
| 8/1/2011 | Sold | $65,000$19/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #5428168 Report a problem | ||
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