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510 2ND Street De Witt, IA $ 260,000
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$ 260,000 Get more info
510 2ND Street
$ 260,000
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510 2ND Street

De Witt, IA, 52742
$ 260,000
Baths0.0

Monthly Estimate*

$ 1,622

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Studio

Multi-Family Home for sale in De Witt, IA

for $260,000. This home was built in 1890.

Excellent Investment Opportunity--Fully Occupied Three-Unit Property in a Quiet Small-Town Setting. Discover a well-maintained three-unit apartment building featuring stable, long-term tenants and strong rental history. This solid income-producing property offers a low maintenance investment in a peaceful small-town location, making it an ideal addition to any real estate portfolio. Each unit is comfortably sized with practical layouts, and the property has been well maintained. With all units currently occupied, investors can enjoy immediate cash flow and the confidence of established tenant relationships. Whether you're expanding your portfolio or looking for you first multi-unit investment, this property delivers dependable returns and long-term potential.

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Multi-Family Active

Price

$ 260,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,272

Style

Year Built

1890

Town/City

De Witt

County/Region

Clinton

MLS | Web ID

QC4269614
Features
General
Sewer Public Sewer
Heating Baseboard Electric Forced Air Natural Gas
Cooling None
Construction Materials Vinyl Siding
Year Built 1890
Tax Year 2024
Gross Income 27780
County Clinton
Net Operating Income 19779
Insurance Expense 1580
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 2712
Subdivision Name None
Status Active
Directions Go East from 6th Avenue on 2nd Street home on North side of the street
High School Dewitt Central Comm
City De Witt
MLS Area De Witt
Tax Annual Amount 2272
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 0
Standard Status Active
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Exterior
Parking Features Detached Garage
Lot Features Level
Water Source Public
Total Parking 0
Foundation Details Concrete Perimeter Stone
Lot Dimensions 55 x 160
Other Equipment Water Heater-Gas
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Interior
Total Fireplaces 0
Total Baths 0
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* Excluded Features
List By
Nexthome Qc Realty

Broker

buywithbrendaoneil@gmail.com

Email

Affordability Calculator

$1,811
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,622
Monthly Property Taxes
$189
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
5364060 Elementary School
5363907 Middle School
Dewitt Central Comm High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/19/2025$260,000 Listed Price

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510 2ND Street, De Witt, IA, 52742 is a Multi-Family Home for sale at $260,000. 510 2ND Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 52742 which is in De Witt, IA

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