501 N Taylor Street Mount Ayr, IA ^$ 559,000

501 N Taylor Street

^$ 559,000

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Recently Listed

501 N Taylor Street

Mount Ayr, IA, 50854

^$ 559,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 3,530

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501 N Taylor Street, Mount Ayr, IA 50854 - Image 8

501 N Taylor Street, Mount Ayr, IA 50854 - Image 9

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501 N Taylor Street, Mount Ayr, IA 50854 - Image 11

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Commercial Property for sale in Mount Ayr, IA

for $559,000. This building was built in 1984 on a lot size of 0.23.

This 8-Plex Apartment Building is a great investment property in Mount Ayr, IA. Exterior Covered Entrance to Upper apartments and Garden Level units. Brick / Vinyl Siding Exterior, 12 spaces-open parking, green space. 4 Units -Two Bedroom/1 Bath and 4 Units -One Bedroom/1 Bath apartments. All Electric Baseboard heat, Window Air Conditioner, Water and Trash removal included. Coin op Laundry facilities on site. New Roof, Siding, Gutters and Soffits 2025.

Commercial Active

Price

^$ 559,000

Property Type

Commercial

Taxes

^$ 4,572

Style

Lot Size

0.23

Year Built

1984

Town/City

Mount Ayr

County/Region

Ringgold

MLS | Web ID

6340876

Features

General

Sewer City Sewer/Connected

Heating Baseboard

Cooling Window Unit(s)

Utilities Electric Separate

Roof Shingle

Appliances Cooktop Microwave Refrigerator

Zoning Residential-Multi-Family

Garage Spaces 0

Construction Materials Brick Vinyl Siding

Year Built 1984

Tenant Pays Electricity

Property Subtype Apartment

Tax Year 2024

Current Use Residential

Gross Income 77640

Accessibility None

County Ringgold

Net Operating Income 46932

Property Type Commercial Sale

Association Amenities Laundry

Contingency None

Possible Use Income

Status Active

Directions from US -169 head west on E Columbus st. then right on Taylor st

Open Parking Spaces 12

Number Of Units Total 8

Lot Size Units Acres

Lot Size Square Feet 10018.8

Tax Annual Amount 4572

Living Area Units Square Feet

Standard Status Active

Legal Description LOT 136 M & A ADD

Exterior

Parking Features Outside Paved

Water Source Public

Lot Dimensions 75X136

Lot Size Acres 0.23

* Excluded Features

List By

Dino Groumoutis

Listing Agent

Creston Realty

Broker

dino@crestonrealtyllc.com

Contact

Affordability Calculator

$3,911

Per Month

Monthly Principal & Interest: $3,530
Monthly Property Taxes: $381
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Mount Ayr, IA

Average List Price ^$1,100,000

Percent of Sale Price 97%

About Mount Ayr, IA

1,608 Population

-7% Since 2002

^$46,270 Median Income

46.97 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/28/2026	$559,000		Listed Price

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501 N Taylor Street, Mount Ayr, IA, 50854 is a Commercial Property for sale at $559,000 with a lot size of 0.23. 501 N Taylor Street was built in 1984. The property's zip code is 50854 which is in Mount Ayr, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 7/28/2026.

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501 N Taylor Street

Commercial Property for sale in Mount Ayr, IA

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