2121 Greene Street, Adel, IA 50003

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
2121 Greene Street,Adel, IA 50003
$2,200,000
  • 33 Beds
  • 24 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: timothy schutte, salkic-schutte, jasmina
Office: exit realty & associates
MLS#:726452
Source:IA_DMAAR

Price summary

  • Price:$2,200,000

About this home

Investment Opportunity in Adel, IA. This 24-unit multifamily property offers a balanced mix of 12 two-bedroom units, 9 one-bedroom units, and 3 studio apartments. Each residence features a full bathroom along with essential appliances including stove, refrigerator, microwave, and dishwasher (dishwasher not included in studios). Approximately 50% of the units have been fully renovated with modern upgrades—new flooring, fresh paint, updated trim, enhanced lighting, stylish kitchen cabinetry, and updated appliances. On-site coined laundry adds convenience for residents. With its prime location and strong rental mix, this property presents an excellent opportunity for investors seeking both immediate income and long-term growth potential.

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Home facts

  • Year built:1984
  • Listing ID #:726452
  • Added:99 day(s) ago
  • Updated:December 26, 2025 at 03:56 PM

Rooms and interior

  • Bedrooms:33
  • Total bathrooms:24
  • Full bathrooms:24

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas, Natural Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1984

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,200,000
  • Tax amount:$26,550

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