401 8th Street SW

Altoona, IA
$ 925,000 Beds 24 Baths 16 Sq 9,728
Monthly Estimate* How much can I afford?

This 16 unit, 2 building low rise complex is located on one of the highest traveled roads in Altoona, IA. The property is comprised of eight two-bedroom and eight one-bedroom units each with full kitchen & bath. Altoona has experienced steady growth and economical strength, which provide for solid rental occupancy. Cap rate of 7%, coin operated laundry & recently installed security system with cameras. All information obtained from seller and public records.

Multi-Family

  • Price
  • $ 925,000
  • Lot Size
  • 1.04 Acres
  • Bedrooms
  • 24
  • Sqr Footage
  • 9,728
  • Full Bathrooms
  • 16
  • Year Built
  • 1967
  • Half Bathrooms
  • 0
  • City, Zip
  • Altoona
  • Taxes
  • 17919
  • County
  • POLK
  • Style
  • Two Story
  • Area
  • Altoona
  • MLS#
  • 614616
  • Zip
  • 50009
Listing Provided by: RE/MAX Precision

Features

General

Appliances Dryer, Microwave, Refrigerator, Stove, Washer
Architectural Style Two Story
Association Fee Includes Internet, Maintenance Grounds, Maintenance Structure, Snow Removal, See Remarks, Security, Taxes, Trash
Construction Materials Brick
Cooling Central Air
Elementary School District Southeast Polk
Flooring Carpet, Vinyl
Heating Forced Air, Gas, Natural Gas
High School District Southeast Polk
Interior Features Cable TV
MLS Area Altoona
Middle/Junior School District Southeast Polk
Property SubType Multi Family
Property Type Residential
Roof Asphalt, Shingle
Security Features Fire Alarm
Sewer Public Sewer
Stories 2
Terms Cash, Conventional
Total Units 16
Utilities Electricity Available, Natural Gas Available, Water Available
Zoning C-1

Interior Features

Air Conditioning Y/N Yes
Basement Finished
Full Baths 16
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area 9728
Total Baths 16
Total Bedrooms 24

Exterior Features

Foundation Details Poured
Lot Features Rectangular Lot
Lot Size Acres 1.04
Lot Size Area 1.04
Lot Size Square Feet 45150
Road Surface Type Concrete
Water Source Public

Amenities

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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Ankeny, IA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/23/2020 Listed $925,000

Property vs Zip Code Average in 50009

Price
AVG $930K
$930K
Taxes
AVG $17,919
$17,919
Visits
AVG 6
5
Year Built
AVG 1967
1967
Walkscore
AVG 75
75
Data Provided by Walkscore ® not using MLS data

Map

401 8th Street SW Altoona, IA is a Single Family Home for sale at $925000 with 9728 sqft and a lot size of 1.04 Acres Acre(s). 401 8th Street SW Altoona has 24 bedrooms, 16 baths and was built in 1967. The property's zip code is 50009 which is in Altoona, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.