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431 5TH Avenue S , #17

Clinton, IA 52732
  • $645,000
  • STATUS: Active
  • MLS #: QC4255612
UPDATED: 131 min ago
$645,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1916
County:
Area:

School Ratings & Info

Description

An investment opportunity with 9 of the 17 units currently leased. The apartments are in nice condition and are ready to provide nice ROI for the owner. Many updates and improvements to this property since 2022: - Fire escape - Electrical outlets - Arc fault breakers - Electric service - Water lines - Flooring - All units recently painted - Baseboard heating - Appliances - Updated building exterior - Updated common area fire detection system - Units 1 - 5 completely refinished Landlord pays water, sewer and a trash dumpster for the entire property. Unit 1 has a gas furnace the landlord pays for and an electric heater the tenant pays for. A proforma showing financials when property is fully leased is available by request. Copy of recent property appraisal report is available by request

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-04-17T01:05:31.877 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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431 5TH Avenue S , #17 Clinton, IA 52732

  • Price: $645,000
  • Status: Active
  • On Site: Days
  • Updated: 131 min ago
  • MLS #: QC4255612
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1916
Built
Neighborhood:
Clinton
County:
Clinton
Area:
Clinton
Property Description
An investment opportunity with 9 of the 17 units currently leased. The apartments are in nice condition and are ready to provide nice ROI for the owner. Many updates and improvements to this property since 2022: - Fire escape - Electrical outlets - Arc fault breakers - Electric service - Water lines - Flooring - All units recently painted - Baseboard heating - Appliances - Updated building exterior - Updated common area fire detection system - Units 1 - 5 completely refinished Landlord pays water, sewer and a trash dumpster for the entire property. Unit 1 has a gas furnace the landlord pays for and an electric heater the tenant pays for. A proforma showing financials when property is fully leased is available by request. Copy of recent property appraisal report is available by request
Exterior Features

Frontage Type Paved

Interior Features

Cooling Window Unit(s)

Property Features

Approximate Age Older Building Area Total 7687 Built Before1978 YN Yes Corporate Limits N/A Electric Separate Meters Gross Income 0 Maintenance Expense 21240 Mls Actual Status Active Net Operating Income -70569 Operating Expense 60818 Property Offered For Sale Only Tax Annual Amount 9751.28 Township N/A Type Multi Family 5+

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Coldwell Banker Howes & Jefferies REALTORS: 563-242-3265.



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-04-17T01:05:31.877 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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