Norwalk IA Multi Family for Sale
- Type:
- Cluster
- Sq.Ft.:
- 4,935
- Status:
- NEW LISTING
- Beds:
- 3
- Lot size:
- 0.12 Acres
- Year built:
- 2024
- Baths:
- 5.00
- MLS#:
- 707774
ADDITIONAL INFORMATION
This newly constructed 3-plex offers an excellent investment opportunity with three well-designed, 1,645 SF units. Each 2-story unit includes 3 bedrooms, 2.5 baths, and an attached 2-car garage. The main floor features an open layout with Quartz countertops, tile backsplash, island, corner pantry, stainless steel appliances, and luxury vinyl plank flooring. Upstairs, enjoy a spacious primary suite with private bath and walk-in closet, two additional bedrooms, full bath, and laundry. The property includes private patios, backyard space, and low HOA dues of $165/month covering snow removal, lawn care, exterior maintenance, and insurance. A 5-year partial tax abatement further supports cash flow, and CenturyLink internet is ready for tenant setup. Seller is also willing to secure tenants and rent out units if the buyer prefers—a comparable unit is currently leasing for $2,050/month. Contact us for more details.
- Type:
- Cluster
- Sq.Ft.:
- 2,690
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.13 Acres
- Year built:
- 2022
- Baths:
- 4.00
- MLS#:
- 685374
ADDITIONAL INFORMATION
One-story duplex, nestled in the coveted Silver Estates of Norwalk. Boasting a distinctive facade with front porches and unique aesthetics for each unit. Each of the two units features 2 bedrooms and 2 bathrooms. Unit 112 offers 1,305 SF of finished space on the main level, while Unit 113 impresses with 1,385 SF of finish (plus unfinished lower levels). Step inside to an inviting open layout, where the kitchen takes center stage. Revel in stylish cabinets, a chic tile backsplash, an island with Quartz countertops, a convenient corner pantry, stainless steel appliances, and luxurious maintenance-free vinyl plank flooring. Cozy up to the gas fireplace, adding warmth and charm to the living space. The primary bedroom suite is a retreat of its own, featuring a private bath with a tile shower, dual vanity, and spacious walk-in closets. Additional highlights include an unfinished basement, a dedicated laundry room, a covered deck, and a 2-car attached garage. As part of Silver Estates, HOA dues cover snow removal, lawn care, exterior maintenance, and exterior insurance, ensuring a hassle-free lifestyle. Benefit from a partial tax abatement, making this duplex a wise investment. Currently both units are rented to tenants, it presents a fantastic opportunity for owner-occupation or continued rental income. Don't miss your chance to seize this great opportunity for modern living in a thriving community!
This information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2024 Des Moines Area Association of Realtors. All rights reserved.
Norwalk Real Estate
The median home value in Norwalk, IA is $339,950. This is higher than the county median home value of $263,700. The national median home value is $338,100. The average price of homes sold in Norwalk, IA is $339,950. Approximately 79.11% of Norwalk homes are owned, compared to 17.65% rented, while 3.23% are vacant. Norwalk 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 Norwalk real estate agent to arrange a tour today!
Norwalk, Iowa has a population of 12,592. Norwalk is more family-centric than the surrounding county with 45.03% of the households containing married families with children. The county average for households married with children is 36.92%.
The median household income in Norwalk, Iowa is $91,610. The median household income for the surrounding county is $85,189 compared to the national median of $69,021. The median age of people living in Norwalk is 36 years.
Norwalk Weather
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 36.1 inches per year, with 30.5 inches of snow per year.