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Commercial > Multi-family / Apartments
Active
07/29/2024
List Price
$299,900

204 Sw 3rd St
Rake, IA 50465

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    • -
      Bed
    • -
      Bath
    • 3,129
      ft²
      Living Area
    • 1.7
      ac
      Lot Size
    • -
      Pool
    • -
      Car
    • 1970
      Year Built
    • 433
      DOM
    • -
      Permit
    Malobo BannerMalobo Banner Square
    204 Sw 3rd St, Rake, IA 50465 is a 3,129 ft² multi-family/apartments property built in 1970 on a 1.740 acre lot. This multi-family/apartments is currently for sale for $299,900, and it was last sold in 2021 for $177,500.

      MLS Description

      The listing agent's description. Original Listing

      Turnkey 8-unit apartment with positive cashflow on Day 1 and additional upside. The deal includes two 4-unit buildings side-by-side on a 1.74 acre lot. All units have received recent updates including fresh paint, new flooring, and new plumbing. Many also have new kitchen cabinets and bathroom updates. Good tenants with in-house management in a nice, stable small town. Room for increasing rents without major updates. Call today for a showing!

      Listing Agents

      The listing agent for 204 Sw 3rd St is Bethanie Farus.

        BF

        Bethanie Farus

        1st Choice Realty

        License: ***

        Phone: (641) 585-2404

      Current Ownership

      Information about the current owner(s).

      • Taxes Billed

        Taxes billed in 2023$2,200.00
        From latest Total Assessed Value1.52%
        Total Assessed Value$144,750
        =
        Land
        Assessed Value        $11,110
        +
        Additions
        Assessed Value        $133,640

        • In 2023, taxes billed for 204 Sw 3rd St were $2,200, which is 1.52% from latest Total Assessed Value of $144,750.

      Property History

      204 Sw 3rd St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

      Property Events

      Environment

      Environmental factors around 204 Sw 3rd St

      • Hazard Risks

        Nat'l Avg
        100
        Carb Mono
        97
        Hail
        95
        Particulates
        90
        Air Pollution
        90
        Ozone
        89
        Tornado
        88
        Lead
        86
        Wind
        54
        Weather
        40
        Earthquake
        8
        Hurricane
        0

        • 11 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 204 Sw 3rd St.

        Walkability Index

        3 /20

        Car Dependent

        Most Walkable

        20-18

        Very Walkable

        17-15

        Somewhat Walkable

        14-10

        Car Dependent

        9-0

        204 Sw 3rd St has a walkability score of 3 out of 20, which means that it is in a car dependent area.

        Temperature

        Seasonal temperature sampled over multiple years

        Winter
        Average

        18 °F

        Low

        9°F

        High

        27°F

        Summer
        Average

        70 °F

        Low

        59°F

        High

        82°F

        In the winter at 204 Sw 3rd St, temperatures range from 8.69°F to 27°F with an average of 17.85°F. In the summer, the temperature ranges from 58.94°F to 81.72°F with and average of 70.33°F.

      School Information

      Public/private schools serving 204 Sw 3rd St

        Public Schools

        North Iowa Elementary Buffalo Center
        Grades: PK-5
        6.61  mi
        C
        North Iowa High School
        Grades: 9-12
        6.61  mi
        C
        North Iowa Middle School
        Grades: 6-8
        6.61  mi
        C-
        * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

        Nearby public schools serving 204 Sw 3rd St have ratings undefined, undefined, and undefined.

      Neighborhood

      This property is located in 50424.

        Crime Index for 50465

        138

        Above national average
        138

        The crime index in 50465 is 138, which is 1.4 times higher than national average.

      Market Trends

      Historical market data near 204 Sw 3rd St over selected time period.

      Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

      Nearby Properties on 3rd St

      USAIAWinnebago CountyRake3rd St