1115 CENTRAL AVE, Hawarden, IA 51023
1115 CENTRAL AVE, Hawarden, IA 51023
1115 CENTRAL AVE, Hawarden, IA 51023
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$2,240,000
Est. payment /mo
3 Beds
2 Baths
2,208 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,208 sqft

Price per Sqft $1,014

MLS Listing ID 831744

Bedrooms 3

Full Baths 2

Year Built 1975

Annual Tax Amount $9,518

Tax Year 2024

Lot Size 0.760 Acres

Acres 0.76

Property Sub-Type Multi-Unit

Property Description

Investment Opportunity – Fully Renovated Multifamily Portfolio in Hawarden, IA Rare opportunity to acquire a 32-unit multifamily portfolio in Hawarden, Iowa, consisting of 28 one-bedroom units and 4 two-bedroom units across four separate parcels. 26 of 32 units have been completely renovated, offering a true turnkey investment with minimal deferred maintenance. The portfolio includes: 1115 Central Ave – 4 units 1111 Ave F – 4 units 707 Ave I – 8 units 608 12th St – 16 units All units have been fully redone, providing modern interiors that support strong tenant demand and stable occupancy. The diversified layout across multiple buildings helps reduce operational risk while allowing for efficient management. This offering is well-suited for investors seeking a stabilized asset, strong in-place condition, and long-term hold potential in a growing regional market. Properties may be sold as a complete portfolio or separately by parcel.

Location

State IA

County Sioux

Area Surrounding Areas/Other Areas

Zoning Res

Multi-Unit Info

Total Units 32

Unit 1 Information SqFt: 800; Bedroom: 2; Bathroom: 1; FullBath: 1

Unit 2 Information SqFt: 650; Bedroom: 1; Bathroom: 1; FullBath: 1


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Listed by Gateway Real Estate Advisors

Nearby School & Business

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Michelle Maloney

Michelle Maloney

+1(605) 677-9006

Broker | License ID: 14315

Broker License ID: 14315

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