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1115 Central Ave, Hawarden, IA 51023

$2,240,000
  • 1115 Central Ave, Hawarden, IA 51023 Main Photo

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Active
BEDS3 BATHS2 full MLS#831744
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Investment Opportunity ? Fully Renovated Multifamily Portfolio in Hawarden, IA Rare opportunity to acquire a 32-unit multifamily portfolio in Hawarden, Iowa, consisting of 28 one-bedroom units and 4 two-bedroom units across four separate parcels. 26 of 32 units have been completely renovated, offering a true turnkey investment with minimal deferred maintenance. The portfolio includes: 1115 Central Ave ? 4 units 1111 Ave F ? 4 units 707 Ave I ? 8 units 608 12th St ? 16 units All units have been fully redone, providing modern interiors that support strong tenant demand and stable occupancy. The diversified layout across multiple buildings helps reduce operational risk while allowing for efficient management. This offering is well-suited for investors seeking a stabilized asset, strong in-place condition, and long-term hold potential in a growing regional market. Properties may be sold as a complete portfolio or separately by parcel.

1115 Central Ave | MLS# 831744

This multi-family property located at 1115 Central Ave, Hawarden, IA 51023 is currently listed for sale with an asking price of $2,240,000. Search Hawarden real estate on rachelraak.unitedrealestatesolutions.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.76 Acres
Taxes: $9,518
Year Built: 1975

Units

Unit Type 1:
Bedrooms: 2
Bathroom Full: 1
Rent: $950
Square Footage: 800
Unit Type 2:
Bedrooms: 1
Bathroom Full: 1
Rent: $795
Square Footage: 650

Feature Descriptions

Days on Site: 65
Parcel: 19167-13-35-356-008
Rental: Yes
Rental Income: 26060
SQFT Main: 2208
Zoning: Res

Listed By / Shown By

Listed By

Agency Name: Gateway Real Estate Advisors
Agency Phone: 712-226-8000

Shown By

Agent Name: Rachel Raak
Agent Phone: (712) 454-4227
Agency Title: United Real Estate Solutions

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Estimated Payment

$ 14,548.96 per month $13,102.46 Principal & Interest $793.17 Property Tax $653.33 Homeowner's Insurance

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