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Duplex & Land For Sale 710 W Main St 2 Unit Apartment Building $416,923 CAD ($208,461 CAD/Unit) 9% Cap Rate Knoxville, IA 50138
Executive Summary
Introducing a prime investment and development opportunity in the heart of Knoxville, IA. The 4,682 SF duplex offers two spacious units with 100% occupancy - representing an immediate income stream. Adjacent land also for sale offering a combined acre for a new development opportunity. Development plans available for 12 unit apartment complex, ask agent for details. With a strategic location in the Knoxville area, this property offers investors the chance to capitalize on the strong rental market and solidify their portfolio in a thriving community. Don't miss the chance to own this high-performing asset in a sought-after location.
Property Facts
| Price | $416,923 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $208,461 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.75 AC |
| Cap Rate | 9% | Building Size | 4,682 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1965 |
| Price | $416,923 CAD |
| Price Per Unit | $208,461 CAD |
| Sale Type | Investment |
| Cap Rate | 9% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.75 AC |
| Building Size | 4,682 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1965 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
1 1
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0983603000 | Improvements Assessment | $245,719 CAD |
| Land Assessment | $67,196 CAD | Total Assessment | $312,915 CAD |
Property Taxes
Parcel Number
0983603000
Land Assessment
$67,196 CAD
Improvements Assessment
$245,719 CAD
Total Assessment
$312,915 CAD
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Duplex & Land For Sale | 710 W Main St
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