About This Home
This 4-bedroom, 3-bathroom single family at 1204 5th Street in Nevada, IA is listed for $395,000 ($68 per sqft). Built in 1900, the home offers 5,797 sqft of living space on a 0.39 acres lot.
Key Features
- Built in 1900
- 0.39 acre lot
- 2 stories
Property Details
Amenities
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 propert
y 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.
Monthly Cost Estimate
$2,113/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1204 5th Street
Nevada, IA 50201
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 3-bathroom single family at 1204 5th Street is listed at $395,000 ($68/sqft). The estimated monthly payment is $2,112 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.39 acre lot, 2 stories. Interior Features: DiningArea, WindowTreatments. Exterior Features: Deck.
This property is listed by Marc Olson and can be reached at (515) 276-2872.







