Presented by: Urban Acres Real Estate Corridor
Property Description
Great investment opportunity in Walker, Iowa. 4 two bedroom one bath units, fully leased. Tenants pay utilities, LL pays water, trash, landscaping and snow removal. Many recent improvements: new roof in 2020, water heater 2025, new appliances in 3 of the 4 units, new commercial coin operated Speed Queen Washer and Dryer.
Interior Features
Bathrooms
Total Baths0
Other Interior Features
Air Conditioning Y/NYes
BasementConcrete
Heating Y/NYes
Laundry FeaturesCommon Area
General
CityWalker
Construction MaterialsComposite Siding, Frame, Wood Siding
CoolingWall/Window Unit(s)
CountyLinn
DirectionsI 380 to Exit 35, Center Point. Turn right on to Heins Rd. Left on Fee Rd. Right on Center Point Rd, keep right on to S. Mill St, right on Rowley St and left on Maple Lane.
Elementary SchoolOther
Gross Income34020
HeatingElectric
High SchoolNorth Linn
Legal DescriptionMAPLE LANE 1ST
Lot Size UnitsAcres
MLS AreaOT-E (East of I-380)
Middle/Junior High SchoolNorth Linn
ModificationTimestamp2025-10-14T22:53:35.830-00:00
Net Operating Income23845
Number Of Units Total4
Operating Expense10175
OwnerPaysWater
PossessionNegotiable
PostalCityWalker
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeResidential
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount$2,958
Tenant PaysElectricity
Virtual TourClick here
Year Built1975
Exterior
Foundation DetailsPoured
Lot Dimensions11352.60
Lot Size Acres0.26
Lot Size Area0 sqft
Parking FeaturesParking Space(s)
Water SourcePublic
Additional Details
Price History
Schools
High School
North Linn High School
Middle School
North Linn Middle School
