1465 Allen Avenue, Garner, Iowa 50438

IA, Garner
$199,500
  • 1,440 Sqft
  • Residential Income Property Type
  • 1972 Year Built
  • Sold Status
Property Description
Well-maintained single-story duplex offering an excellent income-producing opportunity in a highly walkable location near schools and downtown. This side-by-side frame building features two separate 2-bedroom, 1-bath units, each with its own living room and kitchen/dining area. The property includes a shared interior stairway to the basement, with separate, private basement areas for each unit, divided by locking doors—ideal for storage, mechanicals, and tenant privacy. Major updates provide peace of mind, including a new roof (2008), new windows and siding (2018), and new heating systems (2021). There is no central air, but the property has been well cared for and efficiently maintained. Off-street parking is available on the lot, and the walkable location adds strong rental appeal. Both units are currently occupied by tenants who would like to remain, making this a turn-key investment with immediate cash flow. Financials available to qualified buyers. Whether you’re expanding your rental portfolio or looking for a low-maintenance income property, this duplex is a smart addition.
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6335289
  • Price: $199,500
  • Square Footage: 1,440 Sqft
  • Year Built: 1972
  • Lot Area: 0.26 Acre
  • Status: Sold
  • Office Name: Lakeside Brokers
  • Property Sub Type: Duplex
  • Roof: Shingle
Features
  • Heating System Forced Air
  • Basement Unfinished,Sump Pump,Shared Access
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State IA
  • County Hancock
  • City Garner
  • Zipcode 50438
  • Street: Allen
  • Street Number: 1465
  • Street Suffix: Avenue
  • Longitude: W94° 23' 44''
  • Latitude: N43° 5' 23.1''
  • Directions: Corner of 14th and Allen
Additional Information
  • Accessibility Features: None
  • Construction Materials: Vinyl Siding
  • Electric: Circuit Breakers
  • Lot Size Dimensions: 132x82 Cornerlot
  • Number Of Units Total: 2
  • Previous Price: 199500
  • Stories: 1
  • Water Source: Public
Financial
  • Tax Annual Amount: 2364
Map
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