1511 5th Street, Boone, IA 50036
See all 5 photos
1511 5th Street, Boone, IA 50036
1511 5th Street, Boone, IA 50036
1511 5th Street, Boone, IA 50036
1511 5th Street, Boone, IA 50036
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Chris Betts

Chris Betts

+1(515) 231-9180
$ 60,000
Est. payment /mo
Save
New

1511 5th Street Boone, IA 50036

2 Beds

1 Bath

840 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 840 sqft

Price per Sqft $71

MLS Listing ID 748920

Style Ranch

Bedrooms 2

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1884

Annual Tax Amount $1,575

Property Sub-Type Residential

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.

Location

State IA

County Boone

Area Boone

Zoning Res

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Heating Forced Air, Gas, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Exterior

Parking Features Carport, Detached, Garage, One Car Garage

Garage Spaces 1.0

Garage Description 1.0

Roof Type Asphalt,Shingle

Private Pool No

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction No

Construction Status Resale

Schools

School District Boone

Others

Senior Community No

Tax ID 088426272282105

Monthly Total Fees $131

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Keller Williams Realty GDM
Chris Betts

Chris Betts

Broker Associate License ID: B67497000

+1(515) 231-9180

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Betts Team at RE/MAX Real Estate Center, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

1511 5th Street