Property photo 1
Property photo 2
0 Baths
1,552 sqft

$185,000

215 Cedar Street, Story City IA, 50248

Price per sqft$119.20
Built in1910
Property size1,552 sqft
Property typeMulti-family

Overview

Active

Listed Jul 14, 2026

Updated Jul 14

Excellent investment opportunity! This 3-level tri-plex offers immediate income with long-term tenants already in place and a proven rental history. The property features three separate units: a 2-bedroom, 1.5-bathroom basement apartment, a 2-bedroom, 1-bathroom main level unit, and a 1-bedroom, 1-bathroom upper-level apartment. Tenants pay all utilities except water, helping keep operating expenses low and maximizing your return. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers reliable cash flow and strong rental potential. Don't miss your chance to own a turnkey investment with established occupancy.

$1,231/mo

Est. mortgage payment based on a $185,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
70720

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.26 Acres

Other Property Details

Taxes
$2,138
Tax Frequency
Annually

Courtesy of Norsemen Realty Team - Friedrich Realty, Tyler/Megan Frederiksen,
Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor InSun Colerick shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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