This is a fantastic investment opportunity located in a prime area of downtown Ely. Fully leased with growth potential and long-term tenants. The units are well-maintained and the property offers three garage stalls which are currently leased. Don't miss this!
Sold for $225,000 on 03/07/25
$225,000
1550 Dows St, Ely, IA 52227
--beds
--baths
2,474sqft
Multi Family
Built in 1904
-- sqft lot
$226,800 Zestimate®
$91/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 07, 2025 at 06:29pm
Listed by:
Samm Arends 319-329-2674,
COLDWELL BANKER HEDGES
Bought with:
Sarah Auman
COLDWELL BANKER HEDGES
Source: CRAAR, CDRMLS,MLS#: 2500273
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Features
- Basement: Partial
Interior area
- Total interior livable area: 2,474 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Deck, Patio
Lot
- Size: 6,011 sqft
- Dimensions: 40 x 150
Details
- Parcel number: 183113500300000
- Zoning: res 3+ u
- Zoning description: res 3+ u
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
Condition
- Year built: 1904
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & neighborhood
Location
- Region: Ely
Other
Other facts
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$226,800
2% more+$4,536
With Zillow Showcase(estimated)$231,336