103 Carolina Street Meservey, IA $ 120,000
103 Carolina Street
$ 120,000
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103 Carolina Street

Meservey, IA, 50457
$ 120,000
Bedrooms6 Baths0.0 Sq 2,819

Monthly Estimate*

$ 758

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Multi-Family Home for sale in Meservey, IA

for $120,000 with 6 bedrooms. This home is 2,819 square feet.

Excellent investment opportunity with immediate lease-up potential! This fully vacant fourplex features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, allowing the new owner to lease at current market rents from day one. Major capital improvements include a new steel commercial roof, durable brick exterior in excellent condition, and newer flooring throughout all four units, helping minimize future maintenance costs. Each unit is separately metered with its own electrical breaker panel, while water is on a single meter and included in the rent for simplified management. A fifth shared laundry room provides an additional amenity for tenants and offers potential for supplemental income with coin-operated or app-based laundry equipment. Whether you're looking to expand your portfolio or complete a value-add lease-up, this property offers a solid foundation with strong income-producing potential.

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Multi-Family Active

Price

$ 120,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 980

Style

Town/City

Meservey

County/Region

Cerro Gordo

MLS | Web ID

744210

List By
Fernando Aveiga

Listing Agent

Exp Realty, Llc

Broker

homescowboy@gmail.com

Email

Affordability Calculator

$839
Per Month
90%
10%
0%
Monthly Principal & Interest
$758
Monthly Property Taxes
$82
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$120,000 Listed Price

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103 Carolina Street, Meservey, IA, 50457 is a Multi-Family Home for sale at $120,000 with 2,819 sqft. 103 Carolina Street has 6 bedrooms and 0.0 baths. The property's zip code is 50457 which is in Meservey, IA