Listed price in listed location currency (USD).
$875,000

1080

MLS® 30042

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 19980 sqft
Garage 
Taxes $4,874
Days Active 0
Lot Size 0.25 Acres
Approx. Age 1915
Avg. Price Per Sqft $43
MLS® Number 30042

Property Address: 546 2nd Street, Webster City, IA, 50595

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

Description

Prime mixed-use investment in Webster City's downtown retail corridor. This 19, 902 SF brick & steel building features 11 apartments (6 one-bed, 2 two-bed, 3 studio) plus 2 commercial suites with strong long-term leases: Suite 1 at $2, 333/mo on a 3-year lease and Suite 2 at $900/mo on a 4-year lease. Renovated in 2026: new roof, PEX plumbing, RTU, furnaces, appliances, security cameras & key fob access. RUBS system reduces utility exposure. Pro forma gross monthly income of $11, 200 at stabilized occupancy. Annual NOI of $72, 554 — 8.3% cap rate. 86% occupied, mostly year-plus leases. Coin laundry on-site. Priced at $44/SF. Value-add upside on 2 vacant units.
MLS® Number30042
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
BasementFull
DrivewayNo Garage, On Street
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air, Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 26, 2026List Date
$875,000List Price
  • Commute

Commute

Starting Address
Destination Address
546 2Nd Street, Webster City, IA

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