REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,750,000
Est. payment | /mo
48 Beds
24 Baths
9,751 SqFt
$ 1,750,000
Est. payment | /mo
48 Beds
24 Baths
9,751 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,751 sqft
Price per Sqft $179
MLS Listing ID 730555
Bedrooms 48
Full Baths 24
HOA Y/N No
Year Built 1974
Annual Tax Amount $18,470
Tax Year 2025
Lot Size 0.678 Acres
Acres 0.6776
Property Description
A rare chance to secure a high-performing multifamily investment delivering a strong cap rate and full occupancy. This 24-unit, all 2-bedroom complex features private balconies, 9 garages, extra storage units and a proven rental track record. With minimal turnover and strong demand in a market with limited inventory, this asset provides reliable cash flow and excellent return on investment. Ideal for buyers seeking stable income.
Location
State IA
County Marion
Area Knoxville
Zoning Comm
Interior
Fireplace No
Exterior
Parking Features Detached, Garage
Garage Spaces 4.0
Garage Description 4.0
Utilities Available Electricity Available, Natural Gas Available, Water Available
Private Pool No
Building
Foundation Block, Slab
Sewer Public Sewer
Water Public
Schools
School District Knoxville
Others
Tax ID 000000940300000
Monthly Total Fees $1, 539
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Realty ONE Group Impact
Learn More About LPT Realty