418 E Coolbaugh Street, Red Oak, IA 51566

Local realty services provided by:Better Homes and Gardens Real Estate The Good Life Group
418 E Coolbaugh Street,Red Oak, IA 51566
$350,000
  • - Beds
  • - Baths
  • 7,020 sq. ft.
  • Multi-family
  • Active
Listed by:
  • Listing agent0
    Lisa Pringle
    Better Homes and Gardens Real Estate The Good Life Group
MLS#:25-2579
Source:IA_SWIAR

Price summary

  • Price:$350,000
  • Price per sq. ft.:$49.86

About this home

This mixed-use property in downtown Red Oak includes four well-maintained two-bedroom apartments with common-area laundry and individual storage closets all leased MTM, along with two ground-level storefronts in shell condition with ADA restrooms, ready for tenant improvements. Located along a walkable, high-visibility downtown corridor, the property benefits from Red Oak's affordable housing market and strong local tenant base. The building showcases classic Victorian architecture, with detailed brickwork, tall windows, and a traditional façade painted in 2015 in period-appropriate colors. Originally Red Oak's first post office, it offers a rare opportunity to own a piece of the community's architectural and civic history.

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Home facts

  • Year built:1915
  • Listing ID #:25-2579
  • Added:45 day(s) ago
  • Updated:January 08, 2026 at 04:29 PM

Rooms and interior

  • Living area:7,020 sq. ft.

Structure and exterior

  • Year built:1915
  • Building area:7,020 sq. ft.

Schools

  • High school:Red Oak
  • Middle school:Red Oak
  • Elementary school:Inman Primary

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$49.86
  • Tax amount:$4,204 (2024)

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