1415 5th Street, Boone, IA 50036
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1415 5th Street, Boone, IA 50036
1415 5th Street, Boone, IA 50036
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Chris Betts

Chris Betts

+1(515) 231-9180
$ 40,000
Est. payment /mo
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1415 5th Street Boone, IA 50036

2 Beds

1 Bath

854 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 854 sqft

Price per Sqft $46

MLS Listing ID 748928

Style Ranch

Bedrooms 2

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1905

Annual Tax Amount $1,031

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 Window Unit(s)

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Exterior

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 088426272282076

Monthly Total Fees $85

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

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1415 5th Street