1521 S G Avenue, Nevada, IA 50201

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
1521 S G Avenue,Nevada, IA 50201
$2,100,000
  • 1 Beds
  • 32 Baths
  • 16,594 sq. ft.
  • Multi-family
  • Active
Listed by: guns, matthew
Office: wb realty company
MLS#:730729
Source:IA_DMAAR

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$126.55

About this home

Nevada Living Apartments presents a strong, turnkey investment opportunity in the heart of Nevada, IA. This fully stabilized, recently renovated 32-unit complex features efficient studio apartments, each with its own, newly renovated, kitchen. An on-site laundry room with coin-operated machines provides additional revenue, while a spacious 2-bedroom manager’s apartment allows for convenient, built-in oversight or added rental income. A utility monitoring system has also been installed to maximize cost efficiency. With modern updates, reliable occupancy, and multiple income streams, this property offers long-term stability in a growing community. Broker has a financial interest.

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Home facts

  • Year built:1997
  • Listing ID #:730729
  • Added:51 day(s) ago
  • Updated:January 10, 2026 at 04:15 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:32
  • Full bathrooms:32
  • Living area:16,594 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1997
  • Building area:16,594 sq. ft.
  • Lot area:2.05 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$126.55
  • Tax amount:$19,466 (2024)

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