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431 5th Avenue South #17, 
Clinton, IA 52732

$695,000


Bed


Bath


7,687

Sq Ft


Multi-Family

Active

Listed by

Dennis Lauver

563-242-3265

Last updated:

May 7, 2025, 06:03 PM

MLS#

QC4255612

Source:

IL CAAR

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About This Home

431 5th Avenue South #17

An investment opportunity with 9 of the 17 units currently leased. The apartments are in nice condition and are ready to provide nice ROI for the owner. Many updates and improvements to this property since 2022: - Fire escape - Electrical outlets - Arc fault breakers - Electric service - Water lines - Flooring - All units recently painted - Baseboard heating - Appliances - Updated building exterior - Updated common area fire detection system - Units 1 - 5 completely refinished Landlord pays water, sewer and a trash dumpster for the entire property. Unit 1 has a gas furnace the landlord pays for and an electric heater the tenant pays for. A proforma showing financials when property is fully leased is available by request. Copy of recent property appraisal report is available by request

Home Facts

Multi-Family

Built in 1916

Price Summary

695,000

$90 per Sq. Ft.

MLS #:

QC4255612

Last Updated:

May 7, 2025, 06:03 PM

Added:

8 month(s) ago


Rooms & Interior

Interior

Living Area:

7,687 Sq. Ft.


Structure

Structure

Building Area:

7,687 Sq. Ft.

Year Built:

1916


Finances & Disclosures

Finances

Price:

$695,000

Price per Sq. Ft:

$90 per Sq. Ft.

431 5th Avenue South #17
Source:IL CAAR
The information being provided by Capital Area Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Capital Area Association of Realtors All rights reserved.

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