See all 2 photos
2 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$164,500
Est. payment /mo
2,014 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 2,014 sqft
Price per Sqft $81
MLS Listing ID 731152
Style One and One Half Story
HOA Y/N No
Year Built 1920
Annual Tax Amount $1,056
Property Sub-Type Residential
Property Description
If you're looking for a dependable income-producing property, this fully rented triplex is a standout opportunity. Currently generating over $2,000/month in gross rents, this asset delivers strong cash flow from day one with stable tenants already in place.
Located in the heart of Tama County, this property sits in a steady rental market with consistent demand, making it ideal for buy-and-hold investors, portfolio builders, or anyone seeking long-term passive income. With multiple units under one roof, you benefit from reduced maintenance overhead, diversified rental risk, and a property that performs well regardless of market swings.
Whether you're a new investor or seasoned owner looking to scale, deals like this don't hit the market often,especially ones that cash flow immediately.
Message me for rent rolls, financials, additional photos, or to schedule a walkthrough. This is one worth taking a look at!
Located in the heart of Tama County, this property sits in a steady rental market with consistent demand, making it ideal for buy-and-hold investors, portfolio builders, or anyone seeking long-term passive income. With multiple units under one roof, you benefit from reduced maintenance overhead, diversified rental risk, and a property that performs well regardless of market swings.
Whether you're a new investor or seasoned owner looking to scale, deals like this don't hit the market often,especially ones that cash flow immediately.
Message me for rent rolls, financials, additional photos, or to schedule a walkthrough. This is one worth taking a look at!
Location
State IA
County Tama
Area Toledo
Zoning R
Interior
Fireplace No
Exterior
Private Pool No
Building
Entry Level One and One Half
Level or Stories One and One Half
Schools
School District North Tama County
Others
Senior Community No
Tax ID 1415403007
Monthly Total Fees $88
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
©2025 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by LPT Realty, LLC
Learn More About LPT Realty