Property photo 1
Property photo 2
2 Beds
1 Bath
854 sqft

$40,000

1415 5th Street, Boone IA, 50036

Price per sqft$46.84
Built in1905
Property size854 sqft
Property typeResidential

Overview

Active

Listed Sep 9, 2026

Updated 4 weeks ago

INVESTOR PORTFOLIO OPPORTUNITY! Three occupied rental properties in Boone offered together for $220,000. The portfolio includes 1511 5th St, 422 8th St, and 1415 5th St. All three homes are currently occupied and feature 2 bedrooms and 1 bathroom. Combined rental income is $2,350/month, providing a strong 12.8% gross rent to purchase price ratio before expenses. A great opportunity for an investor looking to acquire multiple income producing properties in one transaction. All three properties are being sold AS IS. Please do not disturb tenants. Showings require appropriate notice.

$266/mo

Est. mortgage payment based on a $40,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
748928

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$1,031
Tax Frequency
Annually
55+/Senior Community
No

 

Courtesy of Keller Williams Realty GDM, Kala Yamen,
Listing Contact: (515) 205-2171 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Slavin & Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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