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102 2nd Ave NW, Tripoli, IA, 50676

12beds
3baths
4,050sqft
$249,000
$61price/sqft
$2,449/moest. monthly cost
$97,960/yrincome needed

About This Home

Updated and well-maintained tri-plex located in the heart of Tripoli—an excellent investment opportunity! Each unit offers 3–4 bedrooms (perfect for an additional office or flex space) and the convenience of in-unit laundry. Recent improvements include a new roof on both the garage and the tri-plex, along with added attic insulation. All units have been tastefully remodeled and refreshed in 2025, making this property truly move-in ready for tenants. A solid income-producing property that’s ready for its next chapter!

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

7/10
Tripoli Elementary SchoolGrades PK-50.8 mi
6/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Asphalt
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Block

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 3

Features

  • Finished area below ground: 2,025
  • Finished area above ground: 2,025

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 4,050
  • Total interior livable area: 4,050 sqft

Property

Details

  • Parcel number: 0704282007
  • Zoning: R-1
  • Special condition: Standard

Features

  • Patio & porch: Deck

Lot

  • Lot size: 0.39 Acres
  • Lot size dimensions: 132x66

Parking

  • Total spaces: 3
  • Parking features: Parking Space,Detached
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

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

  • Drought
    DroughtRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Drought
Hail
Strong Wind
Cold Wave
Tornado
Winter Weather

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 $1,259$15,108
Home Insurance *$749$8,988
Property Taxes $139$1,668
Electricity $302$3,625
Total$2,449$29,388
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,965/yr
40% on housing$73,470/yr
45% on housing$65,306/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: 12.9%
12.9%
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

$61This listing

vs Other Active Listings

Avg $/sqft

ZIP 50676$97
Bremer County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 50676$34
Bremer County$127

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
2026-04-10Listed for sale$262,000
2024-10-31Sold$175,000
2024-09-13Pending sale$180,000
2024-09-11Listed for sale$180,000

For Sale by Agent

AgentJeanne Gullekson
BrokerageKelly Real Estate Inc

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