Joseph Alvarado - Chicagoland Brokers Inc Logo
$250,000
 $1,342 est/mo Sourced by Back At You

510 2nd Street,De Witt, IA 52742

De Witt, IA 52742

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Description

Excellent Investment Opportunity--Fully Occupied Three-Unit Property in a Quiet Small-Town Setting. Discover a well-maintained three-unit apartment building featuring stable, long-term tenants and strong rental history. This solid income-producing property offers a low maintenance investment in a peaceful small-town location, making it an ideal addition to any real estate portfolio. Each unit is comfortably sized with practical layouts, and the property has been well maintained. With all units currently occupied, investors can enjoy immediate cash flow and the confidence of established tenant relationships. Whether you're expanding your portfolio or looking for you first multi-unit investment, this property delivers dependable returns and long-term potential.

Details

MLS #QC4269614
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1890
Days On Site319
Listing Provided ByNextHome QC Realty | Brenda O'Neil

Features

SQ Feet2,087
Garage2
BasementY
Acreage20.00

Interior

CoolingNone
HeatingBaseboard, Electric, Forced Air, Natural Gas
Fireplaces Total0
Laundry FeaturesWasher Hookup

Exterior

RoofAsphalt
Foundation DetailsConcrete Perimeter, Stone
Lot FeaturesLevel
Construction MaterialsVinyl Siding

Parking

Parking FeaturesYes, Detached, Garage
Garage Spaces2

Utilities

SewerPublic Sewer

Taxes

Tax Year2024
Tax Annual Amount2272

Area Information

StateIA
CountyClinton
CityDe Witt
Zip Code52742
AreaDe Witt
School DistrictCentral Dewitt High School
High SchoolCentral Dewitt High School
Listing VS Median (in 52742)
Price:
$250,000
low | high
Med:
$277,000
39.2% of Average
sqft:
2,087
low | high
Med:
1,996
54.384283660757% of Average
$ / sqft:
$120
low | high
Med:
$168
10.12798337766% of Average
On site:
319
low | high
Med:
264.5
100% of Average
Sourced by Back At You

Market Activity 52742

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Learn More About This Property

Joseph Alvarado

Joseph Alvarado

Chicagoland Brokers Inc

 (224) 324-5472agentjoea@gmail.com
StateIA
CountyClinton
CityDe Witt
Zip Code52742
AreaDe Witt
School DistrictCentral Dewitt High School
High SchoolCentral Dewitt High School
Listing VS Median (in 52742)
Price:
$250,000
low | high
Med:
$277,000
39.2% of Average
sqft:
2,087
low | high
Med:
1,996
54.384283660757% of Average
$ / sqft:
$120
low | high
Med:
$168
10.12798337766% of Average
On site:
319
low | high
Med:
264.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $187K - $312K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
324 6th Avenue Property Photo 1
$239,000
324 6th Avenue
De Witt, IA 52742
Listing Updated: July 9, 2026 at 12:13:04 PM PDT

Joseph Alvarado - Chicagoland Brokers Inc