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601 N Jackson St, Charles City, IA, 50616

6beds
5baths
3,333sqft
$185,000
$56price/sqft
$1,581/moest. monthly cost
$63,240/yrincome needed

About This Home

Proven investment opportunity! This well-maintained property close to downtown offers 5 units with a variety of apartment sizes. The main level features a 2-bedroom and an efficiency apartment. The second level has two 1-bedroom units, and the walk-up attic is finished into a spacious 1-bedroom apartment. A clean, dry basement provides easy access to the mechanicals and utilities. Gravel off-street parking and on-street parking available. Newer siding (2015). New metal roof and most windows replaced (2020-2021). Great location just blocks from downtown shopping, entertainment, parks, churches, and more. This turn-key investment is fully leased, and ready for new ownership!

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

--
5/10
3/10
Charles City High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Apartment

Interior

Appliances

  • Laundry features: Gas Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Brick/Mortar,Interior Entry,Floor Drain,Stone/Rock

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,523

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,333
  • Total interior livable area: 3,333 sqft

Property

Details

  • Parcel number: 110144200900
  • Zoning: R-3
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Covered

Lot

  • Lot size: 9,452 sqft
  • Features: Corner Lot,Level
  • Lot size dimensions: 77x123

Parking

  • Total spaces: 5
  • Parking features: Gravel,On Street,Parking Pad,None
  • Has uncovered spaces: Yes
  • Uncovered spaces: 5

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
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Inland Flooding
Winter Weather
Hail
Lightning
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 $935$11,220
Home Insurance *$221$2,652
Property Taxes $177$2,124
Electricity $248$2,983
Total$1,581$18,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,205/yr
40% on housing$47,430/yr
45% on housing$42,160/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: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$56This listing

vs Other Active Listings

Avg $/sqft

ZIP 50616$93
Floyd County$114

vs Homes Sold Last Month

Median $/sqft

ZIP 50616
Floyd County$83

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
2026-02-04Listed for sale$185,000

For Sale by Agent

AgentVeronica A Litterer
BrokerageStewart Realty Company

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