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For sale
  • Price cut: $45K (4/23)
    $650,000

    12458 Highway 18, Postville, IA 52162

    --beds
    --baths
    8,463sqft
    : 
    MultiFamily
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $77/sqft
    $-- HOA

    What's special

    Common areasMetal roofCare takers apartmentGuest laundry
    Investment Opportunity!!! Don't let this one pass you by. 34 room motel. This motel has 15 long term rentals with 19 short term/overnight rentals. The property sits on 3.60 acres of land on the edge of Postville. Features of the property include a care takers apartment, guest laundry, Updates include : a metal roof new aprox 8 yr. Most rooms have been renovated to include new heat/cooling units, electrical, all lower level rooms added in the last 6 years. Common areas to include kitchen and laundry facitlity. Warehouse/shed 56' x36' metal shed sits to the rear of this property. Books open to qualified buyers
    45 days
    on Zillow
    |
    261
    |
    7
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    Zillow last checked: 7 hours ago

    Listing updated: April 25, 2025 at 04:01am

    Listed by:

    Lisa Wescott 563-380-9228,

    Homestead Realty, LLC

    Source: Northeast Iowa Regional BOR,MLS#: 20250972MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 12458 Highway 18.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Cooling
    • Wall Unit(s)
    Appliances
    • Laundry: 1st Floor
    Features
    • Basement: Block
    Interior area
    • Total structure area: 8,463
    • Total interior livable area: 8,463 sqft
    • Finished area above ground: 6,523
    • Finished area below ground: 1,940

    Property

    Parking
    • Total spaces: 30
    • Parking features: Parking Pad, None
    • Uncovered spaces: 30
    Lot
    • Size: 3.6 Acres
    Details
    • Parcel number: 3904131001
    • Zoning: C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Membrane,Metal
    Condition
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & HOA

    Location
    • Region: Postville

    Financial & listing details

    • Price per square foot: $77/sqft
    • Tax assessed value: $330,000
    • Annual tax amount: $8,494
    • Date on market: 3/12/2025
    • Lease term: Month To Month
    • Tenant pays: None
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