Great investment opportunity in the heart of New Albin! With the only public laundromat in town, this property offers onsite laundry for the tenants as well as additional income potential from the local community. This well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. Each unit provides comfortable living spaces with functional layouts, and the property has a strong rental history. Whether you're looking to expand your portfolio or start investing, this multi-family property is a smart choice with room for continued growth. Current rental income of $3,300/month.
Active
$330,000
271 Main STREET NORTHWEST NorthWest, IA 52160
--beds
--baths
--sqft
Est.:
Multi Family, Apartment
Built in 1920
-- sqft lot
$324,900 Zestimate®
$--/sqft
$-- HOA
What's special
Functional layoutsComfortable living spaces
- 73 days
- on Zillow |
- 14 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 07:57am
Listed by:
Bret Doll 608-386-2637,
NextHome Prime Real Estate
Source: WIREX MLS,MLS#: 1920544
Originating MLS: Metro MLS

Travel times
Facts & features
Interior
Heating
- Propane
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: None / Slab
- Has fireplace: No
Video & virtual tour
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 9,147.6 Square Feet
Details
- Parcel number: 0311127002
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Partial-Vinyl, Stucco/Slate, Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Albin
- Municipality: New Albin
Financial & listing details
- Tax assessed value: $232,100
- Annual tax amount: $3,668
- Date on market: 6/3/2025
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