IA > Gilbert
Gilbert, IA 50105,190 1st Street
Gilbert, IA 50105,190 1st Street
Gilbert, IA 50105,190 1st Street
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$350,000
Est. payment /mo
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8 Beds
4 Baths
3,932 SqFt
Pending

190 1st Street Gilbert, IA 50105

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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 714105

Style Two Story

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1970

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. 2 units in this building have been renovated and the other 2 are still original finishes. 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

Fireplace No

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

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

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 0504475220

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

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Ethan Hokel

Agent | SS63807000

+1(515) 981-2113

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