515 Main Street

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

515 Main Street

Iowa Falls, IA 50126
Asking Price
$102K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Iowa Falls, IA
  • Total asset capacity consists of three residential units
  • Current asking price set at one hundred two thousand dollars
  • Strategically positioned within the local Iowa Falls market
  • Property is suitable for immediate income-producing rental operations

What's Special

This multifamily apartment building contains three individual units and is available for sale in Iowa Falls, Iowa. Situated within a community that serves as a regional hub for North Central Iowa, the property provides residential housing options near the essential services and local employers that anchor the city economy. Multifamily assets in this submarket often appeal to investors seeking entry-level income properties or those looking to expand a portfolio within the regional housing sector. Investors may find utility in the three-unit layout for steady rental operations. Iowa Falls maintains a stable population base supported by its status as an educational and agricultural center along the Iowa River. With its manageable scale, the building serves as a straightforward addition for private buyers focused on residential real estate performance in a smaller municipal market.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
78.43%
DSCR
13.21
Strong
Cash-on-Cash
241.65%
Monthly Payment
$504.64
Annual Cash Flow
$73,944.316

Location & Travel Times