720 Hagemann Avenue Burlington, IA $ 55,000
720 Hagemann Avenue
$ 55,000
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720 Hagemann Avenue

Burlington, IA, 52601
$ 55,000
Baths0.0 Sq 2,815

Monthly Estimate*

$ 339

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Studio

Multi-Family Home for sale in Burlington, IA

for $55,000. This 2,815 square foot home was built in 1898 on a lot size of 0.36.

Investor Opportunity! This two-story triplex features a solid unit mix with two 1-bedroom units and one 2-bedroom unit, offering flexible rental appeal. The property has previously generated $1,550 per month in rental income, providing a strong foundation for cash flow. Great potential to expand with a few updates! Water, trash, and sewer are currently paid by the seller.. A great option for investors looking to expand their portfolio or step into multi-family ownership with established income history.

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Multi-Family Active

Price

$ 55,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,909

Style

Lot Size

0.36

Year Built

1898

Town/City

Burlington

County/Region

Des Moines

MLS | Web ID

6334674

Features
General
Sewer City Sewer/Connected
Heating Baseboard
Roof Metal
Zoning Residential-Multi-Family
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1898
Stories Count 2
Property Subtype Triplex
Tax Year 2025
Gross Income 1550
Accessibility None
County Des Moines
Operating Expense 0
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name LEEBRICKS 3RD ADD
Status Active
Directions Off West Ave
Association Name SEIA
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 15681.6
Tax Annual Amount 1909
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Living Area Units Square Feet
Standard Status Active
Legal Description 486 LEEBRICK 3RD ADD LOT 15
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Interior
Basement Partial Stone/Rock
Total Fireplaces 0
Fireplace Y/N N
Total Baths 0
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Exterior
Parking Features Other Surface
Water Source Public
Lot Dimensions 110x143
Lot Size Acres 0.36
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Jon Salvador

Listing Agent

Century 21/Property Profession

Broker

Jon.SalvadorC21@gmail.com

Email

Affordability Calculator

$498
Per Month
68%
32%
0%
Monthly Principal & Interest
$339
Monthly Property Taxes
$159
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$55,000 Listed Price

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720 Hagemann Avenue, Burlington, IA, 52601 is a Multi-Family Home for sale at $55,000 with 2,815 sqft and a lot size of 0.36. 720 Hagemann Avenue is a studio with 0.0 baths and was built in 1898. The property's zip code is 52601 which is in Burlington, IA