An investment opportunity at its finest! This property is located just steps from thriving downtown Orange City. With access to all the shops and parks, the location of this investment property is no better. In 2023, this property was given a full overhaul: siding, windows, door, insulation, drywall, appliances, flooring, new electrical, plumbing, sewer (including new sewer line to the street), water heater, furnace, and water softener. It boasts two income-generating apartments with separate entrances as well as a third entrance to the shared laundry space. Unit One is located on the upper level and currently leases at $1100/mo. It features as studio-style living situation with the living, kitchen, and dining all one open space. There is one bedroom and a 3/4 bathroom. Unit 2 is on the main floor, with its entrance at the back of the property. It currently leases for $1400/mo. It houses two bedrooms, a kitchen/living space all open to each other, and a 3/4 bath. Don't miss out on this incredible investment opportunity! Seller is a licensed real estate agent in the state of Iowa.
Sold for $220,000 on 08/05/25
$220,000
317 Central Ave NE, Orange City, IA 51041
3beds
2baths
1,434sqft
Single Family Residence, Residential
Built in 1900
3,920.4 Square Feet Lot
$220,100 Zestimate®
$153/sqft
$1,261 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 09, 2025 at 07:42am
Listed by:
Klayton Wielenga,
Real Broker, LLC
Bought with:
Rachel L Hoogeveen, S58404
Hilt Real Estate Inc
Source: Northwest Iowa Regional BOR,MLS#: 828915

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Water Softener: Owned
- Laundry: Main Level
Features
- Basement: Partial,Unfinished
Interior area
- Total structure area: 1,434
- Total interior livable area: 1,434 sqft
- Finished area above ground: 1,434
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage, Gravel
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 sqft
Details
- Parcel number: 1732236007
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Orange City
HOA & financial
Other financial information
- Total actual rent: 2500