Just Listed
Address
1415 5th Street, Boone, IA
Price
$ 40,000
Property Attributes
  • MLS#748928
  • TypeSingle Family
  • Listing Status Active
  • CountyBoone
  • CityBoone
  • AreaBoone
  • Zip50036
  • Style
  • Year Built1905
  • Taxes$ 1031
  • Price$ 40,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage854
Data Source:
Des Moines Area AOR (DMAAR)
Property Description

INVESTOR PORTFOLIO OPPORTUNITY! Three occupied rental properties in Boone offered together for $220,000. The portfolio includes 1511 5th St, 422 8th St, and 1415 5th St. All three homes are currently occupied and feature 2 bedrooms and 1 bathroom. Combined rental income is $2,350/month, providing a strong 12.8% gross rent to purchase price ratio before expenses. A great opportunity for an investor looking to acquire multiple income producing properties in one transaction. All three properties are being sold AS IS. Please do not disturb tenants. Showings require appropriate notice.

Price History
9/9/2026 Listed $40,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 50036

Price
AVG $230K
$40K
Taxes
AVG $2,940
$1,031
Year Built
AVG 1931
1905

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