Fantastic Fourplex Investment Property in the heart of Waukee next to the historic Triangle Park! Four spacious two-bedroom units with full bathrooms. Unit #1 has been completely renovated. Additional income through laundry room and tenants pay heat and electricity. Tenant parking spaces on west side of building.
Sold for $450,000 on 06/06/25
$450,000
265 5th St, Waukee, IA 50263
8beds
4,128sqft
Multi Family, Apartment
Built in 1978
-- sqft lot
$471,500 Zestimate®
$109/sqft
$1,598 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 01:49pm
Listed by:
Sean Manning (515)639-9998,
Simply Better Realty, LLC
Bought with:
Stephanie Thomas
RE/MAX Concepts
Source: DMMLS,MLS#: 716757
Originating MLS: Des Moines Area Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Interior area
- Total structure area: 4,128
- Total interior livable area: 4,128 sqft
Property
Lot
- Size: 0.29 Acres
Details
- Parcel number: 1233129005
- Zoning: MR R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & neighborhood
Location
- Region: Waukee
Other
Other facts
- Listing terms: Cash
- Road surface type: Concrete
Services availability

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Get a free Zillow Showcase℠ listing and you could sell for .
$471,500
2% more+ $9,430
With Zillow Showcase(estimated)
$480,930