About This Home

This 0-bedroom, 0-bathroom commercial at 17 W 4Th Street in Atlantic, IA is listed for $399,000. Built in 1940, on a 0.13 acres lot.

Key Features

  • Built in 1940
  • 0.13 acre lot

Property Details

1940
Listing Description

INVESTMENT OPPORTUNITY NEAR MAIN STREET IN ATLANTIC! This apartment complex offers an income-producing opportunity with numerous improvements already completed and additional potential for the next owner. Updates include a new roof within the last 5 years, new electrical breakers, fresh paint in most apartments, new flooring and appliances in select units, new paint and carpet in the hallways, and several new entry doors.

Three apartments have also been remodeled and reconfigured into two 2-bedroom apartments and one 3-bedroom apartment, providing desirable rental options. Utilities are separated to each renter, helping ownership manage operating expenses. The basement was formerly used as a retail storefront and is currently open and ready for its next use.

This additional space offers the potential for future commercial, rental, storage, office, or other income-producing opportunities, subject to any required approvals. Located near Atlantic's Main Street, tenants are close to downtown amenities, shopping, dining, and community conveniences. Updated where it matters. Income-producing. Room to grow. And plenty of potential for the investor with a vision. Bring your investment strategy and take a look at what this property could become!

Monthly Cost Estimate

$2,134/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,729
Insurance$116

Estimates only. Actual payments may vary.

Location

17 W 4Th Street

Atlantic, IA 50022

ORIGINAL TOWN - ATLANTIC

Property Details

Construction

Brick

Parking

On Street

Heating

Forced Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 17 W 4Th Street is listed at $399,000. The estimated monthly payment is $2,134 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.13 acre lot.

This property is listed by Tiffany South.

TS

Tiffany South

Agent at Atlantic Home Realty

Listed by Atlantic Home Realty · Broker phone: 712-243-1300

MLS# 6342246· Source: NoCoast MLS· 58 days on PropertySimple

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

17 W 4Th Street, Atlantic, IA 50022

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