IA > Gilbert
Gilbert, IA 50105,198 1st Street
Gilbert, IA 50105,198 1st Street
Gilbert, IA 50105,198 1st Street
27
See all 27 photos
$350,000
Est. payment /mo
Save
3,932 SqFt
Pending

198 1st Street Gilbert, IA 50105

Save
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
Sun
18
May
Mon
19
May
Tue
20
May
Ethan Hokel

Ethan Hokel

+1(515) 981-2113

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,932 sqft

Price per Sqft $89

MLS Listing ID 713109

Style Two Story

HOA Y/N No

Year Built 1972

Annual Tax Amount $4,491

Lot Size 0.436 Acres

Acres 0.4362

Property Description

Investor or House Hack Opportunity! This well-maintained 4-plex, located in the growing town of Gilbert, offers four spacious 2-bedroom, 1.5-bathroom units. Each unit features a private back deck or patio overlooking a wooded area for added privacy. Recent updates include a new roof, gutters, and flooring. The property also features a master lock system and a brick exterior ensuring durability with minimal maintenance. All utilities are separately metered, reducing landlord expenses. With Gilbert's strong rental demand, there's excellent potential to increase rents and maximize cash flow. Walking distance to Gilbert's highly rated school and charming Main Street is great for tenant retention. This prime multi-family property won't last long!

Location

State IA

County Story

Area Gilbert

Zoning res

Interior

Heating Forced Air, Gas, Natural Gas

Cooling Central Air

Furnishings Unfurnished

Fireplace No

Appliance Cooktop, Dryer, Microwave, Refrigerator, Stove, Washer

Laundry Main Level

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Asphalt,Shingle

Private Pool No

Building

Entry Level Two

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Gilbert

Others

Tax ID 0504475210

Monthly Total Fees $374

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2025 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by RE/MAX REC

GET MORE INFORMATION

agent

Ethan Hokel

Agent | SS63807000

+1(515) 981-2113

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Hokel Real Estate Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

198 1st Street

QUICK SEARCH