106 N 1St Street Fertile, IA $ 299,000
106 N 1St Street
$ 299,000
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106 N 1St Street

Fertile, IA, 50434
$ 299,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,865

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Commercial Property for sale in Fertile, IA

for $299,000. This building was built in 1920 on a lot size of 0.25.

Investment Opportunity!! Converted Apartment Building in Fertile that features 5 Total Units (4 - 2 BR Units & 1 3 BR Basement Unit), On-Site Laundry, Large Detached Garage & Additional Parking. Some Units have had Updating Done between tenants and rents show and attractive Return on Investment!! 4 of 5 Units Currently Leased and will be 100% Occupied by April 1, 2025. Rent amounts for each unit will be available upon request. If you have been looking to add some units to your portfolio, this could be a great addition. Call today to schedule your private viewing. Please Allow 24 Hour Notice to coordinate with multiple tenants.

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Commercial Active

Price

$ 299,000

Property Type

Commercial

Taxes

$ 846

Style

Lot Size

0.25

Year Built

1920

Town/City

Fertile

County/Region

Worth

MLS | Web ID

6325651

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate Heating Common Hot Water Separate
Garage Spaces 4
Construction Materials Brick
Year Built 1920
Property Subtype Apartment
Tax Year 2023
Accessibility None
County Worth
Property Type Commercial Sale
Contingency None
Possible Use None
Status Active
Directions Contact Listing Agents for directions to property.
Association Name NCIR
Open Parking Spaces 6
Number Of Units Total 5
Lot Size Units Acres
Lot Size Square Feet 10890
Tax Annual Amount 846
Living Area Units Square Feet
Standard Status Active
Legal Description FERTILE WILLIAM RHODES ADD BLOCK:2 LOT:W 1/2 LOTS 14 & 15
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Exterior
Parking Features Gravel Garage
Water Source Public
Lot Dimensions 132 x 83
Lot Size Acres 0.25
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* Excluded Features
List By
Kyle Schoneman

Listing Agent

Schoneman, Realtors

Broker

kyle@schonemanrealtors.com

Email

Affordability Calculator

$1,936
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,865
Monthly Property Taxes
$71
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2025$299,000 -14.57% Price Down
3/13/2025$350,000 Listed Price

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106 N 1St Street, Fertile, IA, 50434 is a Commercial Property for sale at $299,000 with a lot size of 0.25. 106 N 1St Street was built in 1920. The property's zip code is 50434 which is in Fertile, IA