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Sold for $150,000
  • $150,000

    918 Smith St, Woodburn, IA 50275

    4beds
    2,520sqft
    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $60/sqft
    $1,709 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,709/mo

    Zestimate® history
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    What's special

    Single-story designRanch-style buildingDurable slab foundationSome recent window upgradesOne completely remodeled unit
    Rare Investment Opportunity: Turnkey 4-Unit Ranch in Woodburn, Iowa Attention investors! Discover the perfect "high-yield, low-entry" addition to your portfolio. Situated in the quiet community of Woodburn, just 10 minutes east of Osceola and I-35, this well-maintained four-plex offers immediate cash flow with a history of strong occupancy and low overhead. Smart Layout: This ranch-style building features four identical 1-bedroom, 1-bathroom units. The single-story design is highly attractive to long-term tenants seeking easy accessibility and no stairs. Solid Construction: Built in 1977 on a durable slab foundation, the exterior features a low-maintenance brick and frame combination. Investor Details: Income: Unit 1: $500, Unit 2: $625, Unit 3: $625, Unit 4: $600, Coin operated laundry: $125 Expense: Water: $125, common area electric: $120, trash: $38 Highlights: No rental inspections, some recent window upgrades, one completely remodeled unit. All information obtained from seller or public record.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ben Nichols (515)778-1269,

    RE/MAX Precision

    Bought with:

    Julie Egli

    RE/MAX Precision

    Source: DMMLS,MLS#: 736256MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dryer, Refrigerator, Stove, Washer
    • Laundry: Main Level
    Interior area
    • Total structure area: 2,520
    • Total interior livable area: 2,520 sqft

    Property

    Features
    • Stories: 1
    Lot
    • Size: 0.39 Acres
    Details
    • Parcel number: 02638
    • Zoning: R

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Block, Slab
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1977

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Woodburn

    Financial & listing details

    • Price per square foot: $60/sqft
    • Tax assessed value: $75,600
    • Annual tax amount: $1,610
    • Date on market: 3/12/2026
    • Cumulative days on market: 20 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/28/2026Sold$150,000-6.3%$60/sqft
    Source: DMMLS #736256 Report a problem
    4/2/2026Pending sale$160,000$63/sqft
    Source: DMMLS #736256 Report a problem
    3/12/2026Listed for sale$160,000+56.1%$63/sqft
    Source: DMMLS #736137 Report a problem
    4/12/2024Sold$102,500-6.8%$41/sqft
    Source: DMMLS #690417 Report a problem
    3/18/2024Pending sale$110,000$44/sqft
    Source: DMMLS #690417 Report a problem
    3/4/2024Listed for sale$110,000+86.4%$44/sqft
    Source: DMMLS #690417 Report a problem
    5/1/2018Sold$59,000-11%$23/sqft
    Source: DMMLS #556708 Report a problem
    11/14/2008Sold$66,300$26/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,532 +17.5%$75,600
    2023$1,304 -2.2%$75,600 +34.4%
    2022$1,334 -8.1%$56,230 +8.8%
    2021$1,452 -5%$51,670 -8.1%
    2020$1,528 -5.7%$56,230 +8.8%
    2019$1,620 -5%$51,670
    2018$1,706 $51,670
    2017$1,706 -11.2%$51,670
    2016$1,922 $51,670
    2015$1,922 $51,670
    2014$1,922 -15.5%$51,670
    2009$2,274 --
    Find assessor info on the county website

    Neighborhood: 50275

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Clarke Community

    Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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