Calling all Investors! This rare opportunity in the heart of Altoona offers cash flow for the experienced landlord or someone dipping their toe into property management for the first time! Why? Because this family owned 4 plex has been cared for from the inside out for over 30 years! MInt condition! It is time to turn the keys over to the next owners. The front units are ranch style with all conveniences on the main level: primary bedroom, laundry, full bath, living room and kitchen. The back units are 1.5 story plans with TWO bedrooms & TWO bathrooms, vaulted kitchen and vaulted family room. All units have a combination of luxury vinyl plank flooring & carpet & sliders to a private patio. Appliances in each unit are included and entail, washer/dryer, refrigerator, stove and dishwasher. The utilities are metered separately for each unit. The entire exterior has recently been painted and the generous amount of off street parking was recently sealed. Need more parking? Street parking is also available. This awesome location is within walking distance to HyVee, Scooters Coffee, Walgreens, Subway, banks, school, church and parks. It is a short distance to I-80 for amenities in Des Moines & connecting suburbs. Start your rental portfolio today!
Sold for $445,000 on 11/17/25
$445,000
708 2nd Ave SW, Altoona, IA 50009
6beds
3,176sqft
Multi Family
Built in 1989
-- sqft lot
$433,500 Zestimate®
$140/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 08:36am
Listed by:
Pennie Carroll (515)490-8025,
Pennie Carroll & Associates
Bought with:
Duron, Diana
Keller Williams Realty GDM
Source: DMMLS,MLS#: 727494
Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Refrigerator, Stove, Washer
- Laundry: Main Level
Features
- Cable TV, Window Treatments
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 3,176
- Total interior livable area: 3,176 sqft
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.26 Acres
- Dimensions: 84.5 x 132
- Features: Rectangular Lot
Details
- Parcel number: 17100273000000
- Zoning: C-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Block, Slab
- Roof: Asphalt,Shingle
Condition
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Sidewalks
Location
- Region: Altoona
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$433,500
2% more+$8,670
With Zillow Showcase(estimated)$442,170