Rake IA Commercial for Sale
$325,900
204 3Rd Rake, IA 50465
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.74 Acres
- Baths:
- MLS#:
- 6319790
- Subdivision:
- IA
ADDITIONAL INFORMATION
Turnkey 8-unit apartment with positive cashflow on Day 1 and additional upside. The deal includes two 4-unit buildings side-by-side on a 1.74 acre lot. All units have received recent updates including fresh paint, new flooring, and new plumbing. Many also have new kitchen cabinets and bathroom updates. Good tenants with in-house management in a nice, stable small town. Room for increasing rents without major updates. Call today for a showing!
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of NoCoast MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Rake Real Estate
The median home value in Rake, IA is $23,000. This is lower than the county median home value of $126,000. The national median home value is $338,100. The average price of homes sold in Rake, IA is $23,000. Approximately 73.63% of Rake homes are owned, compared to 12.09% rented, while 14.29% are vacant. Rake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rake real estate agent to arrange a tour today!
Rake, Iowa has a population of 183. Rake is less family-centric than the surrounding county with 24% of the households containing married families with children. The county average for households married with children is 24.74%.
The median household income in Rake, Iowa is $50,625. The median household income for the surrounding county is $56,578 compared to the national median of $69,021. The median age of people living in Rake is 39.8 years.
Rake Weather
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 5.3 degrees. The average rainfall is approximately 32.5 inches per year, with 38.8 inches of snow per year.