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About This Home

Discover a compelling investment opportunity with this well-maintained 2-unit multifamily property—ideal for both seasoned investors and those looking to enter the real estate market. This asset offers a strong combination of immediate cash flow potential and long-term appreciation. Each unit features a functional layout with 2 beds and 1 bath, with updates along the way. The property has been consistently occupied with long term tenants, offering reliable rental income with upside potential through rent optimization.

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Getting Around

Somewhat Walkable

Some Transit

Bikeable

Schools

4/10

Taylor Elementary SchoolGrades PK-50.2 mi

2/10

Wilson Middle SchoolGrades 6-81.1 mi

1/10

Thomas Jefferson High SchoolGrades 9-121.3 mi

Construction

Condition

Year built: 1900

Materials

Foundation: Poured
Construction materials: Frame,Stone

Type & Style

Home type: MultiFamily
Property subType: Multi Family

Interior

Basement

Has basement: Yes
Basement: Full,Concrete

Heating & Cooling

Heating features: Forced Air,Gas
Cooling features: Central Air

Interior Area

Total interior livable area: 1,352 sqft

Property

Details

Parcel number: 142832801000000
Zoning: Res
Zoning description: Res

Lot

Lot size: 7,797 sqft
Lot size dimensions: 7815

Parking

Total spaces: 3
Parking features: Parking Space(s)
Has garage: Yes

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

Strong WindRelatively High
Winter WeatherRelatively High
Cold WaveModerate
HailModerate
Inland FloodingModerate
LightningModerate
TornadoModerate

How This Home’s Risks Compare

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

	Monthly	Annual
Mortgage	$809	$9,708
Home Insurance *	$130	$1,560
Property Taxes	$202	$2,424
Electricity	$121	$1,452
Total	$1,262	$15,144

*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

30% on housingRecommended$50,480/yr

35% on housing$43,268/yr

40% on housing$37,860/yr

45% on housing$33,653/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered

Wildfire

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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: 13.0%

13.0%

0%30.0%

Electricity Growth Rate10-year average: 1.9%

1.9%

0%15.0%

Property Taxes Growth Rate2-year average: 1.3%

1.3%

0%15.0%

Income Spent on Housing

30%

30%45%

Comparing Against the Market

Price Per Sq Ft

$118This listing

vs Other Active Listings

Avg $/sqft

ZIP 52404$131

Linn County$163

vs Homes Sold Last Month

Median $/sqft