Don’t miss this incredible investment opportunity featuring a well-maintained duplex with immediate cash flow! Each level offers approximately 1,244 sq ft, giving you generous living space across all floors. This property has seen major upgrades, including new siding, new roof, a new sewer line, and updated electrical service, providing peace of mind for years to come. The main floor unit features 3 bedrooms and 1 full bathroom, offering a comfortable and functional layout. Upstairs, the second-floor unit boasts 4 bedrooms and 1 full bathroom, making it ideal for maximizing rental income. Currently being rented to seasonal workers, which provides immediate cash flow to new owner. Conveniently located across from Fareway and near the heart of town, this property offers easy access to shopping, dining, and everyday amenities. Whether you’re looking to house hack, invest, or expand your rental portfolio, this property checks all the boxes!
For sale
Price cut: $8K (7/29)
$167,000
718 Seneca St, Storm Lake, IA 50588
7beds
2,488sqft
Multi Family
Built in 1915
-- sqft lot
$169,800 Zestimate®
$67/sqft
$-- HOA
What's special
New sidingNew roof
- 139 days
- 380
- 12
Zillow last checked:
Listing updated:
Listed by:
Melissa Perez Martinez 712-261-2173,
Compass Real Estate of NW IA
Source: Northwest Iowa Regional BOR,MLS#: 832556
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Hot Water
Cooling
- None
Interior area
- Total structure area: 2,488
- Total interior livable area: 2,488 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage, Concrete, Dirt
Lot
- Size: 6,534 Square Feet
- Features: Wooded
Details
- Parcel number: 190211403206012
- Zoning: Res
- Zoning description: Res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Storm Lake
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $126,950
- Annual tax amount: $2,646
- Price range: $167K - $167K
- Date on market: 4/15/2026
- Tenant pays: Water, Electricity, Gas
Estimated market value
$169,800
$161,000 - $178,000
$970/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $167,000-4.6%$67/sqft |
Source: | ||
| 7/22/2026 | Price change | $175,000-6.4%$70/sqft |
Source: | ||
| 7/19/2026 | Price change | $187,000-5.1%$75/sqft |
Source: | ||
| 7/6/2026 | Price change | $197,000-5.7%$79/sqft |
Source: | ||
| 5/20/2026 | Price change | $209,000-4.6%$84/sqft |
Source: | ||
| 4/15/2026 | Listed for sale | $219,000+447.5%$88/sqft |
Source: | ||
| 4/7/1995 | Sold | $40,000$16/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,424 +12.1% | $126,950 |
| 2023 | $2,162 +3.1% | $126,950 +31.1% |
| 2022 | $2,096 +8.6% | $96,850 |
| 2021 | $1,930 +1.9% | $96,850 +14.2% |
| 2020 | $1,894 +11.4% | $84,830 |
| 2019 | $1,701 +0.1% | $84,830 +8.4% |
| 2018 | $1,700 | $78,230 |
| 2017 | $1,700 +2% | $78,230 +2.8% |
| 2016 | $1,666 | $76,130 +4% |
| 2015 | $1,666 +6% | $73,200 |
| 2014 | $1,572 +5.4% | $73,200 |
| 2013 | $1,492 +4% | -- |
| 2012 | $1,434 | $73,200 |
Find assessor info on the county website
Monthly payment
Est. payment





