Fantastic investment opportunity with this well-maintained two-story duplex situated on a spacious corner lot in a quiet neighborhood within the SEP School District. Each side of the duplex features 2 bedrooms and 1 bathroom, along with a generous living room, dedicated dining area, and spacious kitchen—ideal for comfortable living. Both units have active leases in place, offering immediate rental income for investors. Property includes storage shed for additional tenant convenience and outdoor storage needs. Tenants enjoy a peaceful residential setting with easy access to nearby amenities. Located just minutes from Hy-Vee, local schools, parks, and a wide selection of restaurants, this property offers both convenience and long-term rental appeal. Whether you’re a seasoned investor or looking to start your real estate portfolio, this duplex presents a great opportunity in a desirable area with consistent rental demand.
For sale
Price cut: $10K (7/24)
$390,000
601-603 15th St SE, Altoona, IA 50009
8beds
1,923sqft
Est.:
Multi Family
Built in 1995
-- sqft lot
$385,900 Zestimate®
$203/sqft
$-- HOA
What's special
Corner lotDedicated dining areaSpacious kitchen
- 99 days
- on Zillow |
- 460 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 09:12am
Listed by:
Misty Darling (515)962-5555,
BH&G Real Estate Innovations,
Alexis Geary 515-782-0484,
BH&G Real Estate Innovations
Source: DMMLS,MLS#: 718130
Originating MLS: Des Moines Area Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Features
- Basement: Unfinished
Interior area
- Total structure area: 1,923
- Total interior livable area: 1,923 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.32 Acres
- Dimensions: 93.3 x 150
- Features: Rectangular Lot
Details
- Parcel number: 17100360522000
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Poured
- Roof: Asphalt,Shingle
Condition
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Altoona
Financial & listing details
- Price per square foot: $203/sqft
- Annual tax amount: $5,754
- Date on market: 5/15/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
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