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1319 W 3rd St, Nevada, IA, 50201

6beds
2baths
2,208sqft
$315,000
$143price/sqft
$2,397/moest. monthly cost
$95,880/yrincome needed

About This Home

Investor package 18 units/9 buildings- Nevada, Roland, Baxter 48 hour showing request. Proof of funds required. These properties provide spacious living areas, comfortable bedroom sizes, and practical everyday living with strong appeal for both occupants and rental use. Whether you are looking to expand your portfolio, live in one side and rent the other, or add a low-maintenance property to your investment plans, these duplexes offer flexibility to fit a variety of goals. Convenient community settings with easy access to nearby amenities make these an excellent opportunity for both immediate use and long-term ownership. *inside photos are similar to all units. Each unit is a little different All information obtained from seller and public records.

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

10/10
Central Elementary SchoolGrades PK-40.5 mi
7/10
Nevada Middle SchoolGrades 5-80.9 mi
4/10
Nevada High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 2011

Materials

  • Foundation: Poured
  • Roof: Asphalt,Shingle

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Electric,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,208
  • Total interior livable area: 2,208 sqft

Property

Details

  • Parcel number: 1106360250
  • Zoning: R

Features

  • Stories: 1

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage,One Car Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Winter Weather
Drought
Hail
Strong Wind

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,592$19,104
Home Insurance *$236$2,832
Property Taxes $405$4,860
Electricity $164$1,976
Total$2,397$28,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,182/yr
40% on housing$71,910/yr
45% on housing$63,920/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$143This listing

vs Other Active Listings

Avg $/sqft

ZIP 50201$179
Story County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 50201$171
Story County$210

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-30Listed for sale$315,000
2011-01-20Sold$48,000

For Sale by Agent

AgentHeather Schmidt
BrokerageRE/MAX Precision

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