Skip main navigation
Sold for $327,000 on 05/29/25
  • $327,000

    190 1st St, Gilbert, IA 50105

    --beds
    0baths
    3,932sqft
    Quadruplex, Multi Family
    Built in 1970
    -- sqft lot
    $327,300 Zestimate®
    $83/sqft
    $1,126 Estimated rent

    What's special

    Investor or House Hack Opportunity! This well-maintained 4-plex, located in the growing town of Gilbert, offers four spacious 2-bedroom, 1.5-bathroom units. 2 units in this building have been renovated and the other 2 are still original finishes. Each unit features a private back deck or patio overlooking a wooded area for added privacy. Recent updates include a new roof, gutters, and flooring. The property also features a master lock system and a brick exterior ensuring durability with minimal maintenance. All utilities are separately metered, reducing landlord expenses. With Gilbert's strong rental demand, there's excellent potential to increase rents and maximize cash flow. Walking distance to Gilbert's highly rated school and charming Main Street is great for tenant retention. This prime multi-family property won't last long!

    Zillow last checked: 7 hours ago

    Listing updated: May 30, 2025 at 11:21am

    Listed by:

    Collin Fett,

    RE/MAX REAL ESTATE CENTER

    Bought with:

    Bo Frangenberg, S67353

    CENTURY 21 SIGNATURE-Ames

    Source: CIBR,MLS#: 66868MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: None
    Interior area
    • Total structure area: 3,932
    • Total interior livable area: 3,932 sqft

    Property

    Features
    • Levels: Two
    Lot
    • Size: 0.44 Acres
    • Dimensions: 150 x 125
    Details
    • Parcel number: 0504475220
    • Zoning: res

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick
    • Foundation: Brick/Mortar
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Gilbert
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.