431 5TH Avenue #17, Clinton, IA
  • $645,000

Description

An investment opportunity with 9 of the 17 units currently leased. The apartments are in nice condition and are ready to provide nice ROI for the owner. Many updates and improvements to this property since 2022: – Fire escape – Electrical outlets – Arc fault breakers – Electric service – Water lines – Flooring – All units recently painted – Baseboard heating – Appliances – Updated building exterior – Updated common area fire detection system – Units 1 – 5 completely refinished Landlord pays water, sewer and a trash dumpster for the entire property. Unit 1 has a gas furnace the landlord pays for and an electric heater the tenant pays for. A proforma showing financials when property is fully leased is available by request. Copy of recent property appraisal report is available by request

  • Listing Courtesy of: Coldwell Banker Howes & Jefferies REALTORS

Details

Updated on June 4, 2026 at 5:32 pm
  • Property ID MRDQC4255612
  • Price $645,000
  • Year Built 1916
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 80-1735-0000
  • MLS Status Active
  • Days On Market 653
  • Cumulative Days On Market 644
  • Tax Annual Amount 9751.28
  • Cooling Window Unit(s)
  • Directions South side of 5th Ave S - between S 4th St and S 5th St.
  • BuildingAreaTotal 7687
  • Address 431 5TH Avenue #17
  • City Clinton
  • State/county IA
  • Zip/Postal Code 52732
  • Country United States

Overview

Property ID: MRDQC4255612
  • Multi Family
  • Property Type
  • 1916
  • Year Built

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