Welcome to this exceptional multi-family property, featuring four spacious units in a quiet neighborhood. This well-maintained dwelling offers a fantastic opportunity for investors or homeowners looking to generate rental income. Each unit is designed for comfortable living with plenty of natural light and space , making it an attractive option for potential tenants. The space offers 4 different units; 2 upstairs and 2 downstairs. The property’s location offers a peaceful retreat while still being conveniently close to local amenities, including shops, schools, and parks. With its excellent condition and prime location, this multi-family home is a rare find, perfect for those seeking a steady investment in a growing market. Don’t miss out on this unique opportunity to own a well-kept, income-generating property!
AMAZING LOCATION CLOSE TO KNOXVILLE SQUARE! Nestled in the heart of Knoxville only a few blocks south of the city downtown district, this property offers a lot of potential for a variety of uses! With just over 4900+ finished sq ft, you could retrofit this expansive space for just what you need/want! Most of the structure was renovated in the 1950s with various finish updates over the years! The property has an oversized 3-car tuck under garage w/ tall overhead doors! Daycare, event venue, church/religious, small business, multi-family dwelling, apartments -- all great options! The main floor has a large multi-purpose room & a mixture of smaller rooms/spaces that could be easily converted to offices, storage, etc. Capacity can hold up over 150+ people! If you run a business needing climate-controlled storage for inventory the flexibility of the spaces could suit you well! If you're looking for the opportunity to create a multi-family dwelling for personal/rental purposes, this building has the space -- just be sure to check with local zoning! It is zoned R-3! PLUS the 2nd floor already features 3 bed/1 bath apartment that needs some TLC -- could be a good source of supplemental income! Come see the potential this property can offer you! All information obtained from seller and public record
The median home value in Knoxville, IA is $189,900. This is lower than the county median home value of $215,100. The national median home value is $338,100. The average price of homes sold in Knoxville, IA is $189,900. Approximately 57.67% of Knoxville homes are owned, compared to 33.4% rented, while 8.93% are vacant. Knoxville 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 Knoxville real estate agent to arrange a tour today!
Knoxville, Iowa has a population of 7,537. Knoxville is less family-centric than the surrounding county with 35.55% of the households containing married families with children. The county average for households married with children is 36.97%.
The median household income in Knoxville, Iowa is $52,125. The median household income for the surrounding county is $66,822 compared to the national median of $69,021. The median age of people living in Knoxville is 40.1 years.
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 12.4 degrees. The average rainfall is approximately 36.6 inches per year, with 27.9 inches of snow per year.