This four unit rental has established renters in each unit and brings in a total of $1785 a month from all four units. Each renter pays for their own electricity and trash. Landlord pays for water, sewer and heat. All appliances stay with each unit. Property is in 100 and 500 year flood plain in driveway but no part of the building is in flood plain. Seller needs 24 hours notice to show.
The median home value in Independence, IA is $209,500. This is higher than the county median home value of $170,600. The national median home value is $338,100. The average price of homes sold in Independence, IA is $209,500. Approximately 60.83% of Independence homes are owned, compared to 28.33% rented, while 10.85% are vacant. Independence 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 Independence real estate agent to arrange a tour today!
Independence, Iowa has a population of 6,088. Independence is more family-centric than the surrounding county with 32.21% of the households containing married families with children. The county average for households married with children is 31.21%.
The median household income in Independence, Iowa is $64,397. The median household income for the surrounding county is $71,024 compared to the national median of $69,021. The median age of people living in Independence is 41.3 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 6.9 degrees. The average rainfall is approximately 36.4 inches per year, with 32.9 inches of snow per year.