$400,000

601-603 15th Street SE, Altoona, IA 50009

  • 8 beds |
  • 4 baths |
  • 1,923 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1995
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $208/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Fantastic investment opportunity with this well-maintained two-story duplex situated on a spacious corner lot in a quiet neighborhood within the SEP School District. Each side of the duplex features 2 bedrooms and 1 bathroom, along with a generous living room, dedicated dining area, and spacious kitchen—ideal for comfortable living. Both units have active leases in place, offering immediate rental income for investors. Property includes storage shed for additional tenant convenience and outdoor storage needs. Tenants enjoy a peaceful residential setting with easy access to nearby amenities. Located just minutes from Hy-Vee, local schools, parks, and a wide selection of restaurants, this property offers both convenience and long-term rental appeal. Whether you’re a seasoned investor or looking to start your real estate portfolio, this duplex presents a great opportunity in a desirable area with consistent rental demand.

Listing Status:
Active
Date Added:
May 15, 2025 at 05:00AM
Listing Office:
BH&G Real Estate Innovations : (515) 962-5555
Listing Agent:
Misty Darling : (515) 478-3664
MLS ID:
718130
  • Basement: Unfinished
  • A/C: Central Air
  • Heating: Forced AirGasNatural Gas

This listing courtesy of Misty Darling, BH&G Real Estate Innovations

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Centennial Elementary

910 7th Ave SE, Altoona, IA, 50009

Grades PK-5

0.31 miles away

S

Southeast Polk Junior High

8325 NE University Ave, Pleasant Hill, IA, 50327

Grades 7-8

2.83 miles away

S

Southeast Polk High School

7945 NE University Ave, Pleasant Hill, IA, 50327

Grades 9-12

2.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.