Dixie Cripe
REALTOR®, RENE - Real Estate Negotiation Expert
BEDS3
BATHS2 full
MLS#831744
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Investment Opportunity ? Fully Renovated Multifamily Portfolio in Hawarden, IA Rare opportunity to acquire a 32-unit multifamily portfolio in Hawarden, Iowa, consisting of 28 one-bedroom units and 4 two-bedroom units across four separate parcels. 26 of 32 units have been completely renovated, offering a true turnkey investment with minimal deferred maintenance. The portfolio includes: 1115 Central Ave ? 4 units 1111 Ave F ? 4 units 707 Ave I ? 8 units 608 12th St ? 16 units All units have been fully redone, providing modern interiors that support strong tenant demand and stable occupancy. The diversified layout across multiple buildings helps reduce operational risk while allowing for efficient management. This offering is well-suited for investors seeking a stabilized asset, strong in-place condition, and long-term hold potential in a growing regional market. Properties may be sold as a complete portfolio or separately by parcel..
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.76 Acres
Taxes: $9,518
Year Built: 1975
Units
Unit Type 1:
Bedrooms: 2
Bathroom Full: 1
Rent: $950
Square Footage: 800
Unit Type 2:
Bedrooms: 1
Bathroom Full: 1
Rent: $795
Square Footage: 650
Feature Descriptions
Days on Site: 66
Parcel: 19167-13-35-356-008
Rental: Yes
Rental Income: 26060
SQFT Main: 2208
Zoning: Res
Listed By / Shown By
Listed By
Agency Name: Gateway Real Estate Advisors
Agency Phone: 712-226-8000
Shown By
Agent Name: Dixie Cripe
Agent Phone: (712) 490-7939
Agency Title: United Real Estate Solutions
Estimate Your Payment
Estimated Payment
$ 14,548.96 per month $13,102.46 Principal & Interest $793.17 Property Tax $653.33 Homeowner's InsuranceChange Payment Information
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1115 Central Ave | MLS# 831744
This multi-family property located at 1115 Central Ave, Hawarden, IA 51023 is currently listed for sale with an asking price of $2,240,000. Search Hawarden real estate on dixiecripe.unitedrealestatesolutions.com today.