Renovated Duplex – A Prime Investment in Colfax!
This beautifully renovated 1½-story duplex could be Colfax’s finest! Situated on a spacious corner lot, the property features durable steel siding and separate gas and electric meters for each unit—ideal for both owner-occupants and investors.
Nearly everything has been updated, including:
Insulation & sheetrock
Energy-efficient windows
Stylish kitchens & modern bathrooms
New cabinets, trim, flooring, fixtures, & appliances
Water heaters, furnaces, central A/C units
Smart thermostats for each unit
Each unit also includes its own private laundry room and plenty of off-street parking. All appliances are included, ensuring a truly turnkey opportunity. With strong cash flow potential and every major system already upgraded, this is an investment you don’t want to miss!
Pending
Price cut: $8K (7/15)
$177,000
222 W State St, Colfax, IA 50054
2beds
1,418sqft
Est.:
Multi Family
Built in 1890
-- sqft lot
$168,500 Zestimate®
$125/sqft
$-- HOA
What's special
Off-street parkingCorner lotInsulation and sheetrockPrivate laundry roomEnergy-efficient windows
- 3 days
- on Zillow |
- 16 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 05:10am
Listed by:
Galen Kurth (515)238-7633,
RE/MAX Concepts
Source: DMMLS,MLS#: 713834
Originating MLS: Des Moines Area Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Features
- Basement: Unfinished
Interior area
- Total structure area: 1,418
- Total interior livable area: 1,418 sqft
Property
Features
- Levels: One and One Half
Lot
- Size: 5,662.8 Square Feet
- Dimensions: 45 x 124
Details
- Parcel number: 1101365005
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One and One Half Story
- Property subtype: Multi Family
Materials
- Foundation: Block, Brick/Mortar
- Roof: Asphalt,Shingle
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Colfax
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $151,000
- Annual tax amount: $2,894
- Date on market: 3/20/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Electricity, Gas
- Road surface type: Concrete
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