1204 5th Street Nevada, IA $ 395,000
1204 5th Street
$ 395,000
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1204 5th Street

Nevada, IA, 50201
$ 395,000
Bedrooms4 Baths2.1 Sq 5,797

Monthly Estimate*

$ 2,494

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Single Family Home for sale in Nevada, IA

for $395,000 with 4 bedrooms and 2 full baths, 1 half bath. This 5,797 square foot home was built in 1900 on a lot size of 0.3857.

Opportunity awaits at 1204 5th Street in Nevada, a unique and versatile property offering an incredible amount of space and possibilities in a highly visible location along Lincoln Highway. With nearly 6,800 square feet of finished space amongst all levels, multiple residential units, extensive garage space, and ample concrete parking, this property presents an exciting opportunity for an investor, business owner, or someone looking for a truly one-of-a-kind property. The expansive main level features a beautiful open wood staircase, accessible restroom, and flexible space that could accommodate a variety of office, retail, or other uses. Upstairs, the second level features two 2-bedroom apartments, providing an opportunity for rental income while utilizing the main level for another purpose. Both apartments have benefited from significant updates. The second floor also includes a shared laundry area and one unit has access to a rooftop deck. The property also includes a large finished basement with approximately 1,100 finished square feet, providing even more usable space for storage, operations, recreation, or other needs. Garage and parking space are another major highlight. The property features an approximately 1,000-square-foot attached garage with three overhead doors, along with an additional 525-square-foot detached garage. Combined with plenty of concrete parking, there is plenty of room for vehicles, equipment, tenants, etc.

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Single Family Active

Price

$ 395,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 4,140

Style

Lot Size

0.3857

Year Built

1900

Town/City

Nevada

County/Region

Story

MLS | Web ID

748017

List By
Marc Olson

Listing Agent

Re/Max Concepts-Nevada

Broker

marc@moreteam.org

Email

Affordability Calculator

$2,839
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,494
Monthly Property Taxes
$345
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
4781805 Elementary School
4781806 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2026$395,000 Listed Price

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1204 5th Street, Nevada, IA, 50201 is a Single Family Home for sale at $395,000 with 5,797 sqft and a lot size of 0.3857. 1204 5th Street has 4 bedrooms, 2.1 baths, and was built in 1900. The property's zip code is 50201 which is in Nevada, IA