209 N Walnut Street Avoca, IA $ 165,000
209 N Walnut Street
$ 165,000
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209 N Walnut Street

Avoca, IA, 51521
$ 165,000
Baths0.0 Sq 2,608

Monthly Estimate*

$ 1,042

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Studio

Multi-Family Home for sale in Avoca, IA

for $165,000. This 2,608 square foot home was built in 1920 on a lot size of 0.24.

Great investment opportunity! This property features 3 currently rented apartment units, including two 1BR/1BA units and one 2BR/1BA unit. All units are on year leases running December to December, offering consistent rental income. The property includes a garage and basement storage for added convenience. Updates include a roof under 8 years old, newer main-level windows, and a boiler less than 10 years old. Main-floor utilities are paid by the owner and average approximately $206/month. Upper-level utilities are paid by the tenant and average approximately $121/month. Owner pays water, sewer, and trash. All units are currently occupied. Please allow 48-hour notice for showings. Looking to add to your investment portfolio? This 3-unit property is already rented and ready to work for you!

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Multi-Family Active

Price

$ 165,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,206

Style

Lot Size

0.24

Year Built

1920

Town/City

Avoca

County/Region

Pottawattamie

MLS | Web ID

6340373

Features
General
Sewer City Sewer/Connected
Heating Steam
Roof Age 8 Years or Less Shingle
Garage Spaces 0
Construction Materials Frame Wood Siding
Year Built 1920
Electric Circuit Breakers
Tenant Pays Electricity
Stories Count 2
Property Subtype Apartment
Tax Year 2024
Gross Income 22200
Accessibility None
County Pottawattamie
Operating Expense 6972
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name AVOCA ORIGINAL TOWN
Status Active
Directions google
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 10454.4
Tax Annual Amount 2206
Electric Expense 2400
Current Financing Conventional
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 2532
Living Area Units Square Feet
Standard Status Active
Legal Description AVOCA TOWN-ORIG PLAT LT 12 & N1/2 LT 11 & S10' LT 13 BLK 36
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Interior
Basement Full
Total Fireplaces 0
Fireplace Y/N N
Below Grade Finished Area 0
Total Baths 0
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Exterior
Parking Features Outside
Water Source Public
Lot Dimensions LAND.........10500 sqFt .24 acres
Lot Size Acres 0.24
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Patricia Reisz

Listing Agent

Realty One Group Sterling - Woodbine

Broker

pattyjreisz@gmail.com

Email

Affordability Calculator

$1,226
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,042
Monthly Property Taxes
$184
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
Pricing History
DatePricePrice ChangeDescription
7/15/2026$165,000 Listed Price

Map


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209 N Walnut Street, Avoca, IA, 51521 is a Multi-Family Home for sale at $165,000 with 2,608 sqft and a lot size of 0.24. 209 N Walnut Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 51521 which is in Avoca, IA