Sold

Closed

1312, 1318, 1324 E 28th Street

Norwalk IA, 50211

$859,900


$174.25 per sqft

Sold

Closed

3 Beds

5 Baths

4,935 sqft

Multi-family

Built in 2024

This newly constructed 3-plex offers an excellent investment opportunity with three well-designed, 1,645 SF units. Each 2-story unit includes 3 bedrooms, 2.5 baths, and an attached 2-car garage. The main floor features an open layout with Quartz countertops, tile backsplash, island, corner pantry, stainless steel appliances, and luxury vinyl plank flooring. Upstairs, enjoy a spacious primary suite with private bath and walk-in closet, two additional bedrooms, full bath, and laundry. The property includes private patios, backyard space, and low HOA dues of $165/month covering snow removal, lawn care, exterior maintenance, and insurance. A 5-year partial tax abatement further supports cash flow, and CenturyLink internet is ready for tenant setup. Seller is also willing to secure tenants and rent out units if the buyer prefers--a comparable unit is currently leasing for $2,050/month. Contact us for more details.

707774

MLS ID

February 19, 2025

Listed

February 19, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

3


Total Bathrooms

5


Full Bathrooms

1


Half Bathrooms

3


Three-Quarter Bathrooms

1


Interior Features

Cable TV


Appliances

Dishwasher, Microwave, Stove


Laundry Description

Upper Level


Floor Description

Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric, Forced Air


Basement

Yes

Exterior/Building Features

Lot Size

0.32 Acres


Lot Features

Rectangular Lot


Architectural Style

Two Story


Roof

Asphalt, Shingle


Sewer

Public Sewer


Security

Smoke Detector(s)

School Information

School District

Norwalk

Other Property Details

Area Name

Norwalk


Taxes

$6


Tax Frequency

Annually


Days on Market

43


Association Fee

$165


Association Fee Frequency

Monthly


Garage

Yes


Garage Spaces

2


Parking

Attached, Garage, Two Car Garage


View

No


County

Warren


Water Source

Public


Utilities

Electricity Available, Water Available


Zoning

R-3

Listing History

Date

Event

Price

2/19/2025

Sold

$859,900

12/27/2024

Pending

 

Courtesy of Peoples Company, Ludwig, Kalen N,
Listing Contact: (515) 402-3169 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Summer Clark shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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