4 Beds
3 Baths
5,797 sqft
$395,000
1204 5th Street, Nevada IA, 50201
Price per sqft$68.14
Built in1900
Property size5,797 sqft
Property typeResidential
Overview
Active
Listed Aug 26, 2026
Updated Aug 27
Opportunity awaits at 1204 5th Street in Nevada, a unique and versatile property offering an incredible amount of space and possibilities in a highly visible location along Lincoln Highway. With nearly 6,800 square feet of finished space amongst all levels, multiple residential units, extensive garage space, and ample concrete parking, this property presents an exciting opportunity for an investor, business owner, or someone looking for a truly one-of-a-kind property.
The expansive main level features a beautiful open wood staircase, accessible restroom, and flexible space that could accommodate a variety of office, retail, or other uses.
Upstairs, the second level features two 2-bedroom apartments, providing an opportunity for rental income while utilizing the main level for another purpose. Both apartments have benefited from significant updates. The second floor also includes a shared laundry area and one unit has access to a rooftop deck.
The property also includes a large finished basement with approximately 1,100 finished square feet, providing even more usable space for storage, operations, recreation, or other needs.
Garage and parking space are another major highlight. The property features an approximately 1,000-square-foot attached garage with three overhead doors, along with an additional 525-square-foot detached garage. Combined with plenty of concrete parking, there is plenty of room for vehicles, equipment, tenants, etc.
$2,628/mo
Est. mortgage payment based on a $395,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 748017
Interior Features
- Bedrooms
- 4
- Bathrooms
- 3
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.39 Acres
Other Property Details
- Taxes
- $4,140
- Tax Frequency
- Annually
- Garage
- Yes
- 55+/Senior Community
- No
Courtesy of Re/max Concepts-Nevada, Marc Olson,
Listing Contact: (515) 382-8620
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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