Come see this turnkey opportunity to own an 8 plex that cash flows instantly. This well-established complex has many updates including new garage units and flooring and much more. This has a waiting list for renters and units are always full. This is a low maintenance complex and ready for its next owner.
46 days
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86
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8
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Zillow last checked:
Listing updated:
Listed by:
Jake (William) Blumer319-558-8492,
Cedar Valley Iowa Realty
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20263071
Facts & features
Interior
Cooling
Central Air
Appliances
Laundry: 2nd Floor
Features
Basement: Brick/Mortar,Walk-Out Access
Interior area
Total structure area: 5,628
Total interior livable area: 5,628 sqft
Finished area above ground: 4,228
Finished area below ground: 1,400
Property
Parking
Total spaces: 10
Parking features: Garage, On Street, Parking Garage, Parking Space, Multiple
Uncovered spaces: 10
Lot
Size: 0.49 Acres
Dimensions: 80x152 80x115
Features: Few Trees
Details
Parcel number: 1628476005
Zoning: R-1
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Apartment
Materials
Brick
Roof: Asphalt
Condition
Year built: 1972
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Paid by Individual
Community & HOA
Location
Region: Arlington
Financial & listing details
Price per square foot: $82/sqft
Tax assessed value: $196,260
Annual tax amount: $2,652
Date on market: 7/7/2026
Cumulative days on market: 47 days
Lease term: Other
Tenant pays: Electricity, Trash Collection, Gas, Heat, Water
Estimated market value
Zestimate®
$424,400
Estimated sales range
$403,000 - $446,000
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/7/2026
Listed for sale
$460,000$82/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20263071Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
See how much you could borrow to make a competitive offer.
Source: Northeast Iowa Regional BOR 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.