557 6th Avenue S, Clinton, IA 52732

Local realty services provided by:Better Homes and Gardens Real Estate Connections
557 6th Avenue S,Clinton, IA 52732
$149,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: brian thomas
Office: ruhl&ruhl realtors clinton
MLS#:QC4270061
Source:MLSNI

Price summary

  • Price:$149,000

About this home

Welcome to a well-cared-for triplex that offers dependable income and low-maintenance ownership-perfect for both new investors entering the market and seasoned buyers seeking strong cash flow. Located close to major employment centers, shopping, dining, the YWCA, and the community pool, this property consistently attracts renters looking for convenience and accessibility. With a gross monthly income of $2,000, plus long-term tenants in two units and a newly placed tenant at $800/month, this building provides immediate revenue with room for upside. Utilities are simple, with water averaging $50/month, sewer $99/month (including trash), and the common area electric averaging only $25/month. Gas is billed back to tenants via RUBS, keeping owner expenses predictable. The property has been well-maintained over the years, benefiting from less deferred maintenance compared to similar buildings. Recent updates include fresh interior paint throughout-Unit 3 received a full repaint-as well as

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Home facts

  • Year built:1900
  • Listing ID #:QC4270061
  • Added:1 day(s) ago
  • Updated:December 20, 2025 at 03:43 AM

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1900
  • Lot area:0.16 Acres

Schools

  • High school:Clinton High

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$149,000
  • Tax amount:$1,188 (2024)
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