402 Prairie Street Guthrie Center, IA $ 285,000
402 Prairie Street
$ 285,000
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402 Prairie Street

Guthrie Center, IA, 50115
$ 285,000
Bedrooms1 Baths6.0 Sq 3,120

Monthly Estimate*

$ 1,968

402 Prairie Street, Guthrie Center, IA 50115 - Image 1
402 Prairie Street, Guthrie Center, IA 50115 - Image 2
402 Prairie Street, Guthrie Center, IA 50115 - Image 3
402 Prairie Street, Guthrie Center, IA 50115 - Image 4
402 Prairie Street, Guthrie Center, IA 50115 - Image 5

Multi-Family Home for sale in Guthrie Center, IA

for $285,000 with 1 bedroom and 6 full baths. This 3,120 square foot home was built in 1940 on a lot size of 0.15.

VALUE-ADD MULTIFAMILY INVESTMENT OPPORTUNITY 6-Unit Apartment Complex | 1 Bedroom / 1 Bathroom Units | Prime Downtown Proximity Investors, take a closer look at this well-positioned 6-unit multifamily property located just one block from downtown in a quiet and established community. The property offers an attractive unit mix of six 1-bedroom, 1-bathroom apartments, creating a simple and manageable asset for both new and experienced multifamily investors. Apartment 1 has been newly renovated, providing an immediate example of the property's improvement potential. The remaining units may offer additional opportunities for an investor to implement strategic updates, improve the overall property, and potentially increase rental income over time, subject to market conditions and applicable expenses. The property's proximity to downtown provides convenient access to local businesses, services, and community amenities while maintaining a quieter residential setting. Additionally, there is a Charming Single-Family Home Near Downtown. Cozy 1-bedroom, 1-bathroom single-family home offering approximately 760 square feet of living space. Built in 1940, this one-story frame home offers classic character with a convenient location close to downtown. Great potential for an owner-occupant or investment property Both properties are being "SOLD" together.

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Multi-Family Active

Price

$ 285,000

Bedrooms

1

Full Bath

6

Property Type

Multi-Family

Taxes

$ 1,872

Style

Lot Size

0.15

Year Built

1940

Town/City

Guthrie Center

County/Region

Guthrie

MLS | Web ID

750201

List By
Rod Robson

Listing Agent

Lake Panorama Realty

Broker

rod@lakepanoramarealty.com

Email

Affordability Calculator

$2,124
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,968
Monthly Property Taxes
$156
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4775102 Elementary School
4775101 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2026$285,000 Listed Price

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402 Prairie Street, Guthrie Center, IA, 50115 is a Multi-Family Home for sale at $285,000 with 3,120 sqft and a lot size of 0.15. 402 Prairie Street has 1 bedrooms, 6.0 baths, and was built in 1940. The property's zip code is 50115 which is in Guthrie Center, IA