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308 S 12th Street Clear Lake, IA $ 287,500
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308 S 12th Street
$ 287,500
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308 S 12th Street

Clear Lake, IA, 50428
$ 287,500
Baths0.0 Sq 1,243

Monthly Estimate*

$ 1,815

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Studio

Multi-Family Home for sale in Clear Lake, IA

for $287,500. This 1,243 square foot home was built in 1950 on a lot size of 0.16.

Opportunity awaits with this well-maintained duplex just moments from Main! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers outstanding flexibility and strong earning potential. The upper unit features 2 bedrooms and 1 bathroom, while the lower unit offers a comfortable 1 bedroom, 1 bathroom layout. Both units have been refreshed with new flooring and fresh paint throughout, creating clean, move-in-ready spaces for tenants or owner-occupants alike. Additional updates include two brand-new central A/C units, providing added comfort and peace of mind.

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Multi-Family Active

Price

$ 287,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,232

Style

Lot Size

0.16

Year Built

1950

Town/City

Clear Lake

County/Region

Cerro Gordo

MLS | Web ID

6340186
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1950
Stories Count 2
Property Subtype Duplex
Tax Year 2024
Gross Income 0
Accessibility None
County Cerro Gordo
Operating Expense 0
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Status Active
Directions Google maps
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 6969.6
Tax Annual Amount 2232
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Living Area Units Square Feet
Standard Status Active
Legal Description BEG 118' S NW COR L 3 SUB SW SE NW 18-96-21 E 132' S 52' W 132' N 52' TO POB
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Interior
Basement Full
Total Fireplaces 0
Fireplace Y/N N
Total Baths 0
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Exterior
Water Source Public
Lot Dimensions 52 x 132
Lot Size Acres 0.16
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* Excluded Features
List By
Tanner Braun

Listing Agent

Hall Realty

Broker

TannerBraunIA@gmail.com

Email

Affordability Calculator

$2,001
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,815
Monthly Property Taxes
$186
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
2872932 Elementary School
2872966 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/9/2026$287,500 Listed Price

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308 S 12th Street, Clear Lake, IA, 50428 is a Multi-Family Home for sale at $287,500 with 1,243 sqft and a lot size of 0.16. 308 S 12th Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 50428 which is in Clear Lake, IA

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