918 Smith Street, Woodburn, IA 50275

• 4 beds |
• 4 baths |
• 2,520 sqft

Property Description

Rare Investment Opportunity: Turnkey 4-Unit Ranch in Woodburn, Iowa Attention investors! Discover the perfect "high-yield, low-entry" addition to your portfolio. Situated in the quiet community of Woodburn, just 10 minutes east of Osceola and I-35, this well-maintained four-plex offers immediate cash flow with a history of strong occupancy and low overhead. Smart Layout: This ranch-style building features four identical 1-bedroom, 1-bathroom units. The single-story design is highly attractive to long-term tenants seeking easy accessibility and no stairs. Solid Construction: Built in 1977 on a durable slab foundation, the exterior features a low-maintenance brick and frame combination. Investor Details: Income: Unit 1: $500, Unit 2: $625, Unit 3: $625, Unit 4: $600, Coin operated laundry: $125 Expense: Water: $125, common area electric: $120, trash: $38 Highlights: No rental inspections, some recent window upgrades, one completely remodeled unit. All information obtained from seller or public record.

Listing Status:

Pending

Date Added:

March 12, 2026

Data Last Updated:

April 5, 2026 at 1:18AM

Listing Office:

RE/MAX Precision : (515) 223-9492

Listing Agent:

Ben Nichols : (515) 778-1269

MLS ID:

736256

Interior

• Appliances: DryerRefrigeratorStoveWasher
• Laundry: Main Level
• A/C: Window Unit(s)
• Heating: BaseboardElectric

Exterior

• Style: Ranch

Construction

• Roofing: AsphaltShingle
• General: Brick1BlockSlab

Location

• Originating MLS: DMAAR_DM
• School District: Clarke Community
• County: Clarke

Lot

• Zoning: RCOPPOCKS ADDITION LOT 202638

Utilities

• Utilities: Electricity AvailableNatural Gas Available
• Water: Public
• Sewer: Septic Tank

Financial

• Source: DMAAR_DM