# 103 Carolina Street, , IA 50457

> **TL;DR:** 6bd/0ba single family, $120,000 ($43/sqft), 2,819 sqft.
> A/C. Est. $642/mo. Listed 117 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $120,000 |
| Price/sqft | $43 |
| Bedrooms | 6 |
| Square Feet | 2,819 |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | Pending |
| Days on Market | 117 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $607 |
| Estimated Insurance | $35 |
| **Total** | **$642** |

## Key Amenities

- A/C

## Description

### Agent Description
Excellent investment opportunity with immediate lease-up potential! This fully vacant fourplex features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, allowing the new owner to lease at current market rents from day one. Major capital improvements include a new steel commercial roof, durable brick exterior in excellent condition, and newer flooring throughout all four units, helping minimize future maintenance costs. Each unit is separately metered with its own electrical breaker panel, while water is on a single meter and included in the rent for simplified management. A fifth shared laundry room provides an additional amenity for tenants and offers potential for supplemental income with coin-operated or app-based laundry equipment. Whether you're looking to expand your portfolio or complete a value-add lease-up, this property offers a solid foundation with strong income-producing potential.

## Location

- **Address:** 103 Carolina Street, , IA 50457
- **County:** Cerro Gordo
- **Coordinates:** 42.909907, -93.477728
- **Google Maps:** https://www.google.com/maps?q=42.909907,-93.477728

## Listing Agent

- **Name:** Fernando Aveiga
- **Brokerage:** eXp Realty, LLC
- **Broker Phone:** (833) 835-5566
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/103-Carolina-St_Meservey_IA_50457_M76683-28272?f=listhub&s=DMAARIA&m=744210&c=propsimple)

## Photos

![103 Carolina Street - Photo 1](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f2384669746r.jpg)

![103 Carolina Street - Photo 2](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f3132438594r.jpg)

![103 Carolina Street - Photo 3](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f4224358889r.jpg)

![103 Carolina Street - Photo 4](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f51791740r.jpg)

![103 Carolina Street - Photo 5](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f639228970r.jpg)

![103 Carolina Street - Photo 6](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f2520849588r.jpg)

![103 Carolina Street - Photo 7](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f1545459505r.jpg)

![103 Carolina Street - Photo 8](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f830159384r.jpg)

![103 Carolina Street - Photo 9](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f3951546091r.jpg)

![103 Carolina Street - Photo 10](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f3512577551r.jpg)

![103 Carolina Street - Photo 11](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f2210177804r.jpg)

![103 Carolina Street - Photo 12](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f996616309r.jpg)

![103 Carolina Street - Photo 13](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f100767639r.jpg)

![103 Carolina Street - Photo 14](http://lh.rdcpix.com/475a5db2456eaf7ba813eb1fa097f00fl-f3096803250r.jpg)

---

**MLS#:** 744210 | **Updated:** 2026-10-31
**Source:** listhub

*Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/103-carolina-street-ia-50457-99530eb26d9a4e5783365d9f560f88cf)

---

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