The property offers a smart investment opportunity with two separate apartments. It features a one-bedroom unit and a two-bedroom unit, providing flexible rental options or the ability to live in one and rent the other. One apartment is fully ready for occupancy, making it an immediate income-producing space. The second unit is functional but will benefit from additional attention and updates, offering strong upside potential for value-add improvement. Whether you’re looking to expand your rental portfolio or step into your first multi-unit investment, this property delivers a straightforward path to long-term returns. Call today to schedule a showing.
Active
Price cut: $5K (8/21)
$67,500
717 Depot St, Iowa Falls, IA 50126
3beds
1,260sqft
Single Family Residence
Built in 1905
0.6 Acres Lot
$-- Zestimate®
$54/sqft
$-- HOA
What's special
Fully ready for occupancyOne-bedroom unitTwo-bedroom unitTwo separate apartments
- 62 days |
- 423 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Lisa Marie Renaud 641-373-2445,
Century 21 Signature Real Estate
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6339696
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- Basement: Partial,Unfinished
Interior area
- Total interior livable area: 1,260 sqft
Property
Parking
- Parking features: Concrete
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 0.6 Acres
- Dimensions: 132.00 x 198.00
Details
- Parcel number: 892018176009
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
Condition
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Iowa Falls
Financial & listing details
- Price per square foot: $54/sqft
- Tax assessed value: $59,890
- Annual tax amount: $826
- Date on market: 6/25/2026
- Cumulative days on market: 62 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $67,500-6.9%$54/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6339696 Report a problem | ||
| 7/14/2026 | Price change | $72,500-9.3%$58/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6339696 Report a problem | ||
| 6/25/2026 | Listed for sale | $79,900$63/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6339696 Report a problem | ||
| 2/12/2025 | Listing removed | $750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/13/2024 | Listed for rent | $750$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,058 +5% | $59,890 +12.8% |
| 2024 | $1,008 +1% | $53,110 |
| 2023 | $998 +4% | $53,110 +16.6% |
| 2022 | $960 +16.5% | $45,540 |
| 2021 | $824 +3.6% | $45,540 +23.5% |
| 2020 | $796 +10.6% | $36,870 |
| 2019 | $720 +0.2% | $36,870 +10% |
| 2018 | $718 -1.1% | $33,520 +10% |
| 2017 | $726 | $30,470 |
| 2016 | $726 -4.2% | $30,470 |
| 2015 | $758 +0.3% | $30,470 |
| 2014 | $756 +14.2% | $30,470 |
| 2013 | $662 +1555% | -- |
| 2012 | $40 -91.1% | -- |
| 2011 | $450 +6.6% | -- |
| 2010 | $422 -2.3% | -- |
| 2009 | $432 -2.3% | -- |
| 2008 | $442 +2.8% | -- |
| 2007 | $430 | -- |
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: 50126
Nearby schools
GreatSchools rating
- 9/10Rock Run Elementary SchoolGrades: 2-5Distance: 0.6 mi
- 7/10Riverbend Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Iowa Falls - Alden High SchoolGrades: 9-12Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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