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For sale
  • $600,000

    2215 250th St, Washington, IA 52353

    --beds
    1baths
    4,189sqft
    : 
    Multi Family, Residential
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $143/sqft
    $-- HOA

    What's special

    Substantial green spaceShared on-site laundry spaceGenerous lot
    Rare opportunity to own a fully rented 6-unit multifamily property in a prime location—directly behind the Washington County Fairgrounds! Built in 1952 with 4,189 total square feet, this apartment complex includes six units (numbered 2 through 7) featuring a mix of 1- and 2-bedroom layouts. Unit 2: 2 bed/1 bath. Unit 3: 2 bed/2 bath. Units 4 & 5: 1 bed/1 bath. Units 6 & 7 offer similar layouts and rental potential. All units are currently tenant-occupied, providing immediate cash flow for investors. A shared on-site laundry space adds convenience and generates an additional $400–$500/month in income. The property sits on a generous lot with substantial green space behind the building—offering tenant appeal and possible future development options. Whether you’re expanding your rental portfolio or looking for steady income in a high-demand area, this property checks all the boxes. 48-hour notice required for all showings. Storage container is reserved.
    2 days
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    Zillow last checked: 7 hours ago

    Listing updated: 22 hours ago

    Listed by:

    Peter Schwartz 319-930-7075,

    Ruhl&Ruhl, Realtors

    Source: Iowa City Area AOR,MLS#: 202505048MLS Logo
    Travel times

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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Features
    • Basement: Concrete
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 4,189
    • Total interior livable area: 4,189 sqft
    • Finished area above ground: 4,189
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street
    Lot
    • Dimensions: 1.83 Acres; 79,715 SF
    Details
    • Parcel number: 1118352007
    • Zoning: M - Residential (MR R3+)
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Residential
    Materials
    • Brick, Frame
    • Foundation: Slab
    Condition
    • Year built: 1952

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Features: Close To School, Near Shopping
    • Subdivision: 18 75 07 LOT 25 SW1/4 SW1
    Location
    • Region: Washington

    Financial & listing details

    • Price per square foot: $143/sqft
    • Annual tax amount: $2,810
    • Date on market: 8/6/2025
    • Listing terms: Cash,Conventional
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