• Listing status icon

    $175,000

  • ACTIVE | MLS#: 20180546
  • 5,276Sq Ft

302-306 1/2 1st St. S.E. Oelwein, IA 50662

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Listing provided courtesy of: RE/MAX Independence Realty

Investment Opportunity

Overview

This brick multi-family unit will make a great addition to any investor's portfolio. Good cash flow with 5 units bringing in $2,200/month. All apartments are currently occupied with leases. The main floor offers three-1 bedroom apartments with each having a kitchen, living room, full bath, basement storage and washer/dryer hookups. There are two-2 bedroom apartments on the second floor with each featuring a spacious kitchen, living room, 1.5 baths, central air and washer/dryer hookups. All apartments are metered separately and tenants pay their own utilities. Landlord pays garbage only. Sitting prominently on a corner lot with off-street parking and a one-stall attached garage.

General Features

  • County Fayette
  • Type Five or More Units

Building Features

  • Basement Entrance-Inside, Floor Drain, Stone/Earthen
  • Cooling Central Air
  • Exterior Brick
  • Heating Type Forced Air, Gas
  • Laundry 1st Floor,2nd Floor,Dryer Hook-Up,Washer Hookup
  • Roof Type Membrane,Asphalt

Property Features

  • Exterior Amenities Porch-Covered
  • Sewer Type City
  • Water Type City

Schools

  • Elementary School Oelwein
  • High School Oelwein
  • Middle School Oelwein

Listing agent photo

Curt Martin

563-920-8212RE/MAX INDEPENDENCE REALTY

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Price & Status History

Days on Market

  • This property has been listed on the market for 189 days

Location

The property map location is: Accurate, based on Google's address match.
Listing agent photo

Curt Martin

563-920-8212RE/MAX INDEPENDENCE REALTY

Ask A Question

Community Demographics for Zip Code 50662 (Oelwein)

Housing Occupancy
  • Home Owners: 2,375 (67%)
  • Renters: 982 (28%)
  • Vacant: 198 (6%)
  • Total Housing Units: 3,555
Households
  • Average Household Size: 2.29
  • Housing Density (People per square mile): 116
Age Range (number of people)
  • Age 0-14: 1,905
  • Age 15-24: 1,132
  • Age 25-39: 1,573
  • Age 40-59: 1,590
  • Age 60-79: 1,185
  • Age 80+: 494
  • Total: 7,879

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 50662 (Oelwein)

Public Schools in Zip Code 50662 (Oelwein)

* This list of schools may not match the property above.

OELWEIN HIGH SCHOOL 315 8TH AVE SE OELWEIN, IA 50662 Phone: 3192832731 9th-12th
Grade Size Distribution
  • 9th: 111
  • 10th: 113
  • 11th: 113
  • 12th: 112
School Population
  • Teachers: 36
  • Students per Teacher: 12.5
  • Students: 449
  • Male/Female: 212/237
School District
  • OELWEIN COMM SCHOOL DISTRICT
  • 307 8TH AVE SE OELWEIN, IA 50662
  • Phone: 3192833536
District Population
  • Schools: 6
  • Full-Time Teachers: 109
  • Students per Teacher: 12.9
  • Staff: 216
  • Students: 1411
OELWEIN MIDDLE SCHOOL 300 12TH AVE SE OELWEIN, IA 50662 Phone: 3192833015 6th-8th
Grade Size Distribution
  • 6th: 99
  • 7th: 93
  • 8th: 111
School Population
  • Teachers: 24
  • Students per Teacher: 12.6
  • Students: 303
  • Male/Female: 175/128
School District
  • OELWEIN COMM SCHOOL DISTRICT
  • 307 8TH AVE SE OELWEIN, IA 50662
  • Phone: 3192833536
District Population
  • Schools: 6
  • Full-Time Teachers: 109
  • Students per Teacher: 12.9
  • Staff: 216
  • Students: 1411
WINGS PARK ELEMENTARY SCHOOL 111 8TH AVE NE OELWEIN, IA 50662 Phone: 3192831982 3rd-5th
Grade Size Distribution
  • 3rd: 63
  • 4th: 90
  • 5th: 73
School Population
  • Teachers: 23
  • Students per Teacher: 9.8
  • Students: 226
  • Male/Female: 113/113
School District
  • OELWEIN COMM SCHOOL DISTRICT
  • 307 8TH AVE SE OELWEIN, IA 50662
  • Phone: 3192833536
District Population
  • Schools: 6
  • Full-Time Teachers: 109
  • Students per Teacher: 12.9
  • Staff: 216
  • Students: 1411
HARLAN ELEMENTARY SCHOOL 412 2ND AVE NW OELWEIN, IA 50662 Phone: 3192832726 2nd
Grade Size Distribution
  • 2nd: 87
School Population
  • Teachers: 7
  • Students per Teacher: 12.4
  • Students: 87
  • Male/Female: 47/40
School District
  • OELWEIN COMM SCHOOL DISTRICT
  • 307 8TH AVE SE OELWEIN, IA 50662
  • Phone: 3192833536
District Population
  • Schools: 6
  • Full-Time Teachers: 109
  • Students per Teacher: 12.9
  • Staff: 216
  • Students: 1411
PARKSIDE ELEMENTARY SCHOOL 301 6TH AVE SW OELWEIN, IA 50662 Phone: 3192831245 1st
Grade Size Distribution
  • 1st: 79
School Population
  • Teachers: 8
  • Students per Teacher: 9.9
  • Students: 79
  • Male/Female: 45/34
School District
  • OELWEIN COMM SCHOOL DISTRICT
  • 307 8TH AVE SE OELWEIN, IA 50662
  • Phone: 3192833536
District Population
  • Schools: 6
  • Full-Time Teachers: 109
  • Students per Teacher: 12.9
  • Staff: 216
  • Students: 1411

Private Schools in Zip Code 50662 (Oelwein)

* This list of schools may not match the property above.

SACRED HEART ELEMENTARY SCHOOL 601 1st Ave SW Oelwein, IA 50662 Phone: 5632831366 PreK-6th
Grade Size Distribution
  • PreK: 57
  • Knd: 12
  • 1st: 28
  • 2nd: 22
  • 3rd: 14
  • 4th: 22
  • 5th: 15
  • 6th: 16
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 186

* School data provided by US Department of Education


The data relating to real estate for sale on this website is provided in part by the Northeast Iowa Regional Board of Realtors. Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2018 All rights reserved.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional