306 S 5th Street, Guthrie Center, IA 50115

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
306 S 5th Street,Guthrie Center, IA 50115
$395,000
  • - Beds
  • - Baths
  • 7,440 sq. ft.
  • Multi-family
  • Active
Listed by: rod robson
Office: lake panorama realty
MLS#:746602
Source:IA_DMAAR

Price summary

  • Price:$395,000
  • Price per sq. ft.:$53.09

About this home

Investment Property for Sale - Income producing 6-unit apartment building in Guthrie Center. Each unit offers 2 bedrooms, 1 full bath, open concept, deck or patio, lower-level storage and access to a detached 6-stall garage, with each tenant assigned one garage stall. The property also provides ample additional parking. Great location! Minutes away from downtown Guthrie Center, walking trail, ACGC schools and ballfields. Perfect opportunity for investors looking for cash flow and long-term appreciation. Apartment building is 100% full with a strong rental history over the years. Call the listing agent today to receive a income, and expense spreadsheet.

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Home facts

  • Year built:1977
  • Listing ID #:746602
  • Added:2 day(s) ago
  • Updated:August 20, 2026 at 08:50 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Kitchen Description:Refrigerator, Stove
  • Living area:7,440 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1977
  • Building area:7,440 sq. ft.
  • Lot area:0.58 Acres
  • Lot Features:Rectangular Lot
  • Architectural Style:Two Story
  • Construction Materials:Brick
  • Foundation Description:Block
  • Levels:2 Story

Utilities

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

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$53.09
  • Tax amount:$5,536 (2025)

Features and amenities

  • Appliances:Refrigerator, Stove

Parking

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