1511 5th Street, Boone, IA 50036

Boone
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1511 5th Street,Boone, IA 50036
$60,000
  • 2 Beds
  • 1 Baths
  • 840 sq. ft.
  • Single family
  • Active
Listed by: kala yamen
Office: keller williams realty gdm
MLS#:748920
Source:IA_DMAAR

Price summary

  • Price:$60,000
  • Price per sq. ft.:$71.43

About this home

INVESTOR PORTFOLIO OPPORTUNITY! Three occupied rental properties in Boone offered together for $220,000. The portfolio includes 1511 5th St, 422 8th St, and 1415 5th St. All three homes are currently occupied and feature 2 bedrooms and 1 bathroom. Combined rental income is $2,350/month, providing a strong 12.8% gross rent to purchase price ratio before expenses. A great opportunity for an investor looking to acquire multiple income producing properties in one transaction. All three properties are being sold AS IS. Please do not disturb tenants. Showings require appropriate notice.

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Home facts

  • Year built:1884
  • Listing ID #:748920
  • Added:10 day(s) ago
  • Updated:September 19, 2026 at 03:07 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Kitchen Description:Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:840 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1884
  • Building area:840 sq. ft.
  • Architectural Style:Ranch
  • Construction Materials:Asbestos, Wood Siding
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$60,000
  • Price per sq. ft.:$71.43
  • Tax amount:$1,576

Features and amenities

  • Appliances:Dryer, Refrigerator, Stove, Washer
  • Laundry features:Dryer, Washer

Parking

  • Parking description:Carport, Detached, Garage, One Car Garage
  • Garage:Yes
  • Garage spaces:1

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