518 Central Avenue E Hampton, IA ^$ 140,000

518 Central Avenue E

^$ 140,000

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518 Central Avenue E

Hampton, IA, 50441

^$ 140,000

Studio Baths0.0 Sq 2,224

Monthly Estimate*

^$ 873

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Studio

Multi-Family Home for sale in Hampton, IA

for $140,000. This 2,224 square foot home was built in 1890 on a lot size of 0.21.

Cash flow, Cash Flow with 3 one-bedroom apartments rented at $600 per month and one at $650 per month. Units have a new 5 YEAR Rental certificate from the city. The leases are all month to month with a good track record of full capacity. Many are long term renters with one renter calling this "home" for over 10 years. The roof was replaced 2 years ago. Owner pays water ($120), garbage ($60) and gas ($121) while renters pay electricity.

Multi-Family Active

Price

^$ 140,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,035

Style

Lot Size

0.21

Year Built

1890

Town/City

Hampton

County/Region

Franklin

MLS | Web ID

6328245

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Garage Spaces 1

Construction Materials Metal Siding

Year Built 1890

Stories Count 2

Property Subtype Quadruplex

Tax Year 2024

Gross Income 29400

Accessibility None

County Franklin

Operating Expense 29400

Property Type Residential Income

Contingency None

MaintenanceExpense 0

Status Active

Directions At intersection of Hwy 65 and Hwy 3 in Hampton head east on Hwy 3 for two blocks property is located on the north side of Hwy 3.

Association Name HRTI

Number Of Units Total 4

Lot Size Units Acres

Lot Size Square Feet 9147.6

Tax Annual Amount 1035

Electric Expense 0

Fuel Expense 2400

Trash Expense 840

Water Sewer Expense 1440

Living Area Units Square Feet

Standard Status Active

Legal Description See Abstract for complete legal description

Interior

Basement Full Stone/Rock Unfinished

Total Fireplaces 0

Fireplace Y/N N

Total Baths 0

Exterior

Water Source Public

Lot Dimensions 124 x 72

Lot Size Acres 0.21

* Excluded Features

List By

Kent Mollenbeck

Listing Agent

Staley Real Estate

Broker

641-456-3607

Contact

Affordability Calculator

$960

Per Month

Monthly Principal & Interest: $873
Monthly Property Taxes: $86
Monthly Home Insurance: --

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Down Payment

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Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Hampton, IA

Average List Price ^$140,000

Percent of Sale Price 0%

About Hampton, IA

4,493 Population

6% Since 2002

^$46,269 Median Income

40.06 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/3/2025	$140,000		Listed Price

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518 Central Avenue E, Hampton, IA, 50441 is a Multi-Family Home for sale at $140,000 with 2,224 sqft and a lot size of 0.21. 518 Central Avenue E is a studio with 0.0 baths and was built in 1890. The property's zip code is 50441 which is in Hampton, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 12/9/2025.

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518 Central Avenue E

Multi-Family Home for sale in Hampton, IA

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