Great investment opportunity in the heart of New Albin! This well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. Each unit provides comfortable living spaces with functional layouts, and the property has a strong rental history. Whether you're looking to expand your portfolio or start investing, this multi-family property is a smart choice with room for continued growth.
For sale
$330,000
271 Main St NW, New Albin, IA 52160
--beds
--baths
5,000sqft
Est.:
MultiFamily
Built in 1920
-- sqft lot
$318,900 Zestimate®
$66/sqft
$-- HOA
What's special
Functional layoutsComfortable living spaces
- 5 days
- on Zillow |
- 71 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: May 07, 2025 at 04:01am
Listed by:
Bret Doll 608-386-2637,
Next Home Prime Real Estate
Source: Northeast Iowa Regional BOR,MLS#: 20251975

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Cooling
- Window Unit(s)
Appliances
- Laundry: 1st Floor, Laundry Room
Features
- Basement: None
Interior area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
- Finished area above ground: 1,670
- Finished area below ground: 3,330
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: On Street, None
- Uncovered spaces: 10
Lot
- Size: 9,300 Square Feet
- Dimensions: 150.00x62.00
Details
- Parcel number: 0311127002
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Synthetic Stucco, Vinyl Siding
- Roof: Rubber,Asphalt
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Paid by Individual, Elec Individual Meters, Garbage in Rent, Gas Prorated, Separate Meters, Water Prorated
Community & HOA
Location
- Region: New Albin
Financial & listing details
- Price per square foot: $66/sqft
- Tax assessed value: $232,100
- Annual tax amount: $3,668
- Date on market: 5/3/2025
- Tenant pays: Electricity, Gas, Water
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