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304 Franklin St, Delhi, IA, 52223

3beds
3baths
4,172sqft
$189,000
$45price/sqft
$1,641/moest. monthly cost
$65,640/yrincome needed

About This Home

All kinds of potential with this mixed use property offering both commercial and residential opportunities in the heart of Delhi. Whether you are an investor looking to expand your portfolio, an entrepreneur seeking a live work setup, or someone looking to generate multiple income streams, this property delivers flexibility and value. Don't miss out on this rare opportunity to own a versatile property with income- producing potential

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
Delhi Elementary SchoolGrades 3-50.3 mi
9/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Rock
  • Roof: Rubber
  • Construction materials: Metal,Rock

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Refrigerator,Range

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Finished area above ground: 2,921

Heating & Cooling

  • Heating features: Forced Air,Steam
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,172 sqft

Property

Details

  • Parcel number: 490000108300
  • Zoning: commercial

Features

  • Levels: One
  • Stories: 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

  • Hail
    HailVery High
  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Cold Wave
Drought
Lightning
Winter Weather
Heat Wave
Ice Storm

FEMA Declared Disasters Across Iowa Counties

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 $955$11,460
Home Insurance *$193$2,316
Property Taxes $182$2,184
Electricity $311$3,734
Total$1,641$19,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,262/yr
40% on housing$49,230/yr
45% on housing$43,760/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: 12.0%
12.0%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$45This listing

vs Other Active Listings

Avg $/sqft

ZIP 52223$223
Delaware County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 52223
Delaware County$131

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)

No zestimate history available

Price History

DateEventPrice
2026-08-10Price change$179,000
2026-07-08Listed for sale$189,000
2021-12-29Listing removed$144,900
2021-11-01Price change$144,900
2021-06-03Listed for sale$150,000
2020-05-31Listing removed$124,900
2020-03-10Listed for sale$124,900
2019-01-11Sold$72,000

For Sale by Agent

AgentJerry Elbert
BrokerageEXIT Unlimited

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