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1115 CENTRAL AVE, 
Hawarden, IA 51023

$2,240,000


Bed


Bath


2,208

Sq Ft


Multi-Family

Active

Listed by

Nic Madsen

Gateway Real Estate Advisors

712-226-8000

Last updated:

February 14, 2026, 12:12 AM

MLS#

831744

Source:

IA GSCBOR

About This Home

1115 CENTRAL AVE

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.

Home Facts

Multi-Family

Built in 1975

Price Summary

2,240,000

$1,014 per Sq. Ft.

MLS #:

831744

Last Updated:

February 14, 2026, 12:12 AM

Added:

19 day(s) ago


Rooms & Interior

Interior

Living Area:

2,208 Sq. Ft.


Structure

Structure

Building Area:

2,208 Sq. Ft.

Year Built:

1975


Lot

Lot Size (Sq. Ft):

33,105


Finances & Disclosures

Finances

Price:

$2,240,000

Price per Sq. Ft:

$1,014 per Sq. Ft.

Source:IA GSCBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.