100 E 1St Avenue Arthur, IA $ 474,900
100 E 1St Avenue
$ 474,900
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100 E 1St Avenue

Arthur, IA, 51431
$ 474,900
Bedrooms-- Baths--

Monthly Estimate*

$ 2,999

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Commercial Property for sale in Arthur, IA

for $474,900. This building was built in 1977 on a lot size of 0.91.

4 qty 2 BR units (718 sq ft) + 7 qty 1 BR units (600 sq ft) 7,242 sq ft across 2 apartment buildings - built in 1977 2 parcel lots (0.78 acres of land) with off-street parking 5 units fully remodeled - modern updates with natural light $7,375 gross monthly income 93% occupancy rate from '25 - '26

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Commercial Active

Price

$ 474,900

Property Type

Commercial

Taxes

$ 3,112

Style

Lot Size

0.91

Year Built

1977

Town/City

Arthur

County/Region

Ida

MLS | Web ID

6341305

Features
General
Sewer City Sewer/Connected
Heating Baseboard
Cooling Window Unit(s)
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1977
Property Subtype Apartment
Tax Year 2024
Current Use Recreational
Gross Income 88500
Accessibility None
County Ida
Property Type Commercial Sale
Contingency None
MaintenanceExpense 2300
Possible Use Income
Status Active
Directions Google or Contact Realtor
Open Parking Spaces 0
Number Of Units Total 11
Lot Size Units Acres
Lot Size Square Feet 39639.6
Tax Annual Amount 3112
Electric Expense 4200
Trash Expense 1300
Water Sewer Expense 6000
Virtual Tour https://my.matterport.com/show/?m=ipNJHqXXV3r
Living Area Units Square Feet
Standard Status Active
Legal Description N 17' LOT 13 & LOTS 14-15-16-17-18 BLK 1 & LOTS 1-2 BLK 1
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Exterior
Parking Features On Street
Water Source Public
Lot Dimensions 242 x 140
Lot Size Acres 0.91
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* Excluded Features
List By
Daniel Remer

Listing Agent

Remer Realty & Appraisal Llc

Broker

Dan@remerrealtyandappraisal.com

Email

Affordability Calculator

$3,258
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,999
Monthly Property Taxes
$259
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
8/6/2026$474,900 Listed Price

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100 E 1St Avenue, Arthur, IA, 51431 is a Commercial Property for sale at $474,900 with a lot size of 0.91. 100 E 1St Avenue was built in 1977. The property's zip code is 51431 which is in Arthur, IA