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Sold for $665,000 on 03/21/23
  • $665,000

    502 W Market St, Panora, IA 50216

    22beds
    9,480sqft
    Multi Family, Apartment
    Built in 1974
    -- sqft lot
    $854,700 Zestimate®
    $70/sqft
    $962 Estimated rent

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    $962/mo

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    $962/mo

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    $4,231/mo

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    $4,231/mo

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    What's special

    RARE multi-family investment opportunity in the quaint town of Panora, IA. Located just 45 miles west of the Des Moines Metro Area, Market Street Apartments sits on a half-acre parcel and offers a studio apartment as well as 11 two-bedroom apartments. All apartments feature full kitchens with eat-in dining, ample storage, two bedrooms and one full bathroom. Located in town and just down the street from K-12 schools, Market Street Apartments serves as a great housing option for families as well as those working in Panora and surrounding communities. Recent renovations to units have proven lucrative in return, ensuring this property will provide a successful long-term investment.

    Zillow last checked: 7 hours ago

    Listing updated: March 22, 2023 at 10:22am

    Listed by:

    Abbey Gilroy ContactUs@VIARealtors.com,

    VIA Group, REALTORS

    Bought with:

    Abbey Gilroy

    VIA Group, REALTORS

    Source: DMMLS,MLS#: 663862MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 22
    • Bathrooms: 13
    • Full bathrooms: 11
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Gas, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
    • Laundry: Main Level
    Features
    • Flooring: Hardwood, Vinyl
    • Basement: Finished,Walk-Out Access
    Interior area
    • Total structure area: 9,480
    • Total interior livable area: 9,480 sqft
    • Finished area below ground: 0

    Property

    Lot
    • Size: 0.55 Acres
    • Dimensions: 200 x 120
    • Features: Rectangular Lot
    Details
    • Parcel number: 0001282600
    • Zoning: M-Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick, Vinyl Siding
    • Foundation: Block
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Water Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Panora

    Other

    Other facts
    • Listing terms: Assumable,Cash,Conventional
    • Road surface type: Concrete