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  • $225,000

    1550 Dows St, Ely, IA 52227

    --beds
    0baths
    2,474sqft
    Multi Family
    Built in 1904
    -- sqft lot
    $226,400 Zestimate®
    $91/sqft
    $-- HOA

    What's special

    This is a fantastic investment opportunity located in a prime area of downtown Ely. Fully leased with growth potential and long-term tenants. The units are well-maintained and the property offers three garage stalls which are currently leased. Don't miss this!

    Zillow last checked: 7 hours ago

    Listing updated: March 07, 2025 at 06:29pm

    Listed by:

    Samm Arends 319-329-2674,

    COLDWELL BANKER HEDGES

    Bought with:

    Sarah Auman

    COLDWELL BANKER HEDGES

    Source: CRAAR, CDRMLS,MLS#: 2500273MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • Wall/Window Unit(s)
    Features
    • Basement: Partial
    Interior area
    • Total interior livable area: 2,474 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: Deck, Patio
    Lot
    • Size: 6,011 sqft
    • Dimensions: 40 x 150
    Details
    • Parcel number: 183113500300000
    • Zoning: res 3+ u
    • Zoning description: res 3+ u

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Vinyl Siding
    Condition
    • Year built: 1904

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Separate Meters

    Community & neighborhood

    Location
    • Region: Ely

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $226,400
    2% more+ $4,528
    With Zillow Showcase(estimated)
    $230,928