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Listed price in listed location currency (USD).
$149,000

003

MLS® QC4270061

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $1,188
Days Active 0
Lot Size 0.161 acres
Approx. Age 1900
MLS® Number QC4270061

Property Address: 557 6th Ave S, Clinton, IA, 52732-4674

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

Description

Welcome to a well-cared-for triplex that offers dependable income and low-maintenance ownership—perfect for both new investors entering the market and seasoned buyers seeking strong cash flow. Located close to major employment centers, shopping, dining, the YWCA, and the community pool, this property consistently attracts renters looking for convenience and accessibility. With a gross monthly income of $2, 000, plus long-term tenants in two units and a newly placed tenant at $800/month, this building provides immediate revenue with room for upside. Utilities are simple, with water averaging $50/month, sewer $99/month (including trash), and the common area electric averaging only $25/month. Gas is billed back to tenants via RUBS, keeping owner expenses predictable. The property has been well-maintained over the years, benefiting from less deferred maintenance compared to similar buildings. Recent updates include fresh interior paint throughout—Unit 3 received a full repaint—as well as new bathroom flooring in Unit 3. The exterior has also been completely painted, and the deck was recently replaced (per the city inspector) and newly sealed with wood stain. The roof was inspected during another project and confirmed to be in good condition, with no replacement needed. This is an excellent opportunity for investors looking for a stable, well-kept asset or those considering house hacking with a low-down-payment loan.
MLS® NumberQC4270061
Laundry Level
Central VacNo
FireplaceNo
Acreage0.161
Exterior
GarageNo
Approx. Age1900
BasementUnfinished
DrivewayAlley Access
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 15, 2025List Date
$149,000List Price
Sep 25, 2023End Date
$39,000Sold Price

Sold

Aug 21, 2023List Date
$44,900List Price
  • Commute

Commute

Starting Address
Destination Address
557 6 Th Ave S, Clinton, IA

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