318 W Main St, West Branch, IA 52358
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318 W Main St, West Branch, IA 52358
318 W Main St, West Branch, IA 52358
318 W Main St, West Branch, IA 52358
318 W Main St, West Branch, IA 52358
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Ethan Graham

Ethan Graham

+1(319) 777-1254
$ 225,000
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Price Dropped by $24K

318 W Main St West Branch, IA 52358

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202604231

HOA Y/N No

Abv Grd Liv Area 1,309

Year Built 1899

Annual Tax Amount $2,150

Tax Year 2024

Lot Dimensions 0.17

Property Sub-Type Multi Family

Property Description

RARE DUPLEX BACKING TO HERBERT HOOVER NATIONAL HISTORIC SITE.Opportunity knocks with this unique income-producing duplex in the heart of West Branch. Situated on a 0.17-acre lot and backing directly to the Herbert Hoover National Historic Site, this property combines small-town charm, rental income, and a location that is difficult to replicate. Whether you are an investor seeking dependable cash flow or a homeowner looking to offset your mortgage by renting one unit, this property offers exceptional flexibility and value.INCOME POTENTIAL Currently generating $1,800 per month in rental income, or approximately $21,600 annually. This property offers immediate income potential as both units are leased but also provides room for future appreciation.WHY THIS PROPERTY STANDS OUT The upper unit's rare 3-bedroom, 3-bathroom layout is uncommon in comparable duplex properties and offers exceptional appeal for families, professionals, or owner-occupants. Combined with the lower-level walkout apartment, the property provides flexibility for investors, house hackers, and multi-generational living arrangements.

Location

State IA

County Cedar

Zoning R1

Direction Interstate 80 to exit 254 (West Branch). Turn North to Main Street. At stop sign, turn left (West) onto Main Street.

Rooms

Basement Full, Walk Out Access

Interior

Heating Baseboard, Steam

Cooling Window Units

Exterior

Parking Features Off Street, None

Community Features Close To School

Utilities Available City Sewer, City Water

Building

Structure Type Frame

New Construction No

Schools

Elementary Schools Hoover

Middle Schools West Branch

High Schools West Branch

Others

Tax ID 050013072280010

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Jeff Hagel
Ethan Graham

Ethan Graham

Agent

+1(319) 777-1254

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318 W Main St