USAIAAlgona1906 90Th Ave
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1906 90Th Ave, Algona, IA

Condo

For Sale

Listed price in listed location currency (USD).
$1,200,000

0017

MLS® 6338015

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage Yes
HOA Fees 
Taxes $8,230
Days Active 1
Approx. Age 1940
MLS® Number 6338015

Property Address: 1906 90th Ave, Algona, IA, 50511-7177

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to acquire a fully renovated multi-family asset with strong in place income & significant upside potential. This facility has been thoughtfully converted into a well maintained apartment complex, offering immediate, significant cash flow. The property features updated units with modern finishes, attractive stable tenancy & consistent rental demand. Major improvements have already been completed, allowing a new owner to step into a turn key investment with minimal deferred maintenance. The expansive lot offers ample space for additional development. This flexibility provides multiple avenues to increase revenue and overall asset value. Located in a stable rental market in Algona, the property benefits from steady demand and a strong tenant base, making it ideal for both seasoned investors & those looking to grow their portfolio. Whether you're seeking a reliable income producing property or a strategic investment with future development potential, this offering delivers on both fronts. Currently there are 12 apartments & 2 studio commercial spaces with garages.
MLS® Number6338015
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1940
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 6, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
1906 90Th Ave, Algona, IA

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