100 N 8th Street #100 & 102, Guthrie Center, IA 50115

Great investment opportunity in Guthrie Center! This well-maintained duplex, built in 1988, offers two spacious 2-bedroom, 1-bath units, each featuring a kitchen, first-floor living, private back patio, and an attached 336 SF garage. The sale also includes a 400 SF detached garage currently rented with Unit 102, providing additional value and income potential. The property sits on two lots totaling 0.36 acres with mature trees in both the front and back, offering great curb appeal and a comfortable setting for tenants. Exterior features include Hardiplank siding with a brick façade, while interiors feature standard finishes with carpet, vinyl flooring, and laminate countertops. Each unit has separate utilities paid by tenants, with the owner responsible for mowing and snow removal. Both long-term tenants (5+ years) are on annual leases paid monthly, with renewals set for January 1, 2026. Current rents are $675 and $750 per month, increasing to $725 and $800 in 2026, providing steady … read more …