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311 N Myrtle St, Glenwood, IA, 51534

5beds
0baths
2,125sqft
$299,900
$141price/sqft
$2,252/moest. monthly cost
$90,080/yrincome needed

About This Home

Investment Opportunity! Well-maintained duplex located in the heart of Glenwood on a corner lot. The west unit rents for $900 per month and features 2 bedrooms, 2 bathrooms and a full unfinished basement with great storage or future potential, and a 1-car attached garage. The east unit currently rents for $1,300 per month and offers 3 bedrooms, full bathroom and its own 1-car attached garage, ideal for additional storage space. Utilities are separately metered for each unit. Perfect opportunity for investors or owner-occupants looking to live in one unit and rent the other. Tenants are responsible for all utilities, mowing, snow removal and trash.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

6/10
West Elementary SchoolGrades 3-50.3 mi
8/10
Glenwood Middle SchoolGrades 6-80.6 mi
6/10

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Refrigerator,Oven,Washer

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 5

Features

  • Finished area above ground: 2,125

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 2,125
  • Total interior livable area: 2,125 sqft

Property

Details

  • Parcel number: 060390000000000
  • Lease amount: 0

Lot

  • Lot size: 0.27 Acres

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
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Lightning
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 $1,516$18,192
Home Insurance *$195$2,340
Property Taxes $383$4,596
Electricity $158$1,902
Total$2,252$27,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,211/yr
40% on housing$67,560/yr
45% on housing$60,053/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: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$141This listing

vs Other Active Listings

Avg $/sqft

ZIP 51534$156
Mills County$224

vs Homes Sold Last Month

Median $/sqft

ZIP 51534$181
Mills County$175

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
2026-05-01Listed for sale$309,000
2022-04-01Sold$260,000
2022-03-21Pending sale$250,000
2022-03-18Listing removed--
2022-03-06Pending sale$250,000
2022-03-02Listed for sale$250,000
2015-05-28Sold$125,000
2015-04-03Listed for sale$130,000

For Sale by Agent

AgentBob Hughes
BrokerageJim Hughes Real Estate

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