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431 5TH Avenue

Clinton, IA 52732
$645,000 ▼ $70,000 from $715,000
0beds
0baths
sqft
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About this home

An investment opportunity with 9 of the 17 units currently leased. The apartments are in nice condition and are ready to provide nice ROI for the owner. Many updates and improvements to this property since 2022: - Fire escape - Electrical outlets - Arc fault breakers - Electric service - Water lines - Flooring - All units recently painted - Baseboard heating - Appliances - Updated building exterior - Updated common area fire detection system - Units 1 - 5 completely refinished Landlord pays water, sewer and a trash dumpster for the entire property. Unit 1 has a gas furnace the landlord pays for and an electric heater the tenant pays for. A proforma showing financials when property is fully leased is available by request. Copy of recent property appraisal report is available by request
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1916
Lot size
Annual tax$9,751.28
CountyClinton
MLS #MRDQC4255612
Days on market585

Features

Cooling
Window Unit(s)
Construction
Brick
Listed by
Coldwell Banker Howes & Jefferies REALTORS
Dennis Lauver · 563-503-9663

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 3/27/2026, 5:07:10 AM. All data should be independently verified.

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