316 Boone Street Boone, IA $ 229,900
316 Boone Street
$ 229,900
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316 Boone Street

Boone, IA, 50036
$ 229,900
Baths0.0 Sq 3,269

Monthly Estimate*

$ 1,416

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Studio

Multi-Family Home for sale in Boone, IA

for $229,900. This 3,269 square foot home was built in 1890 on a lot size of 0.25.

Well-kept investment property! This 5-plex is an amazing value as it brings in $2800/month in income when fully occupied and has several long-term tenants! Oversized windows, leaded glass, some hardwood floors, a spacious front porch, and close to downtown make this a great property. Updates include refreshes in some of the units, some new flooring, a partial roof replacement, and a new furnace among others! Unit 2 is available for an opportunity to be an owner occupied investor!

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Multi-Family Active

Price

$ 229,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,804

Style

See Remarks

Lot Size

0.25

Year Built

1890

Town/City

Boone

County/Region

Boone

MLS | Web ID

68789

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Window Unit(s) Wall Unit(s)
Zoning Residential
Garage Spaces 2
Construction Materials Aluminum Siding
Year Built 1890
Levels Two
Property Subtype See Remarks
Parcel Number 088426281382056
Gross Income 34368
County Boone
Net Operating Income 20988
Operating Expense 13380
Property Type Multi-Family
HOA false
Garage Y/N true
Status Active
City Boone
High School District Boone
Number Of Units Total 5
MLS Area 0006 - Boone
Lot Size Units Square Feet
Lot Size Square Feet 10800
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3804
Lease Renewal Y/N N
MLS Area Minor 0006 - Boone
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 197630
Legal Description LOT 8 BLOCK 140 SW NE
Senior Community None
New Construction None
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Basement Full
Flooring Vinyl Laminate Hardwood
Basement (Y/N) N
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
Heating-Forced Air true
Heating-Natural Gas true
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Exterior
Water Source Public
Lot Size Area 10800
Foundation Details Tile Brick/Mortar
Building Area Total 3269
Lot Size Acres 0.25
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 316
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* Excluded Features
List By
Patty Meese

Listing Agent

Friedrich Realty

Broker

pmeese@friedrich-realty.com

Email

Affordability Calculator

$1,733
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
$317
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$229,900 Listed Price

Map


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316 Boone Street, Boone, IA, 50036 is a Multi-Family Home for sale at $229,900 with 3,269 sqft and a lot size of 0.25. 316 Boone Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 50036 which is in Boone, IA