# 225 Clymer Road, Hiawatha, IA 52233

> **TL;DR:** 9bd/3ba residential multi family, $850,000 ($162/sqft), built 2026, 5,250 sqft.
> Hardwood, A/C. Est. $3,683/mo. Listed 104 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $850,000 |
| Price/sqft | $162 |
| Bedrooms | 9 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 5,250 |
| Year Built | 2026 |
| Lot Size | 9,540 sqft (0.22 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 104 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,683 |
| **Total** | **$3,683** |

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 2026
- 0.22 acre lot
- 2 stories

## Description

### Agent Description
This brand-new multifamily property in Hiawatha offers investors a rare opportunity to acquire a newly constructed, income-producing asset with immediate stabilization and limited near-term capital needs. With a current rent roll of $6,500 per month and approximately $78,000 in gross annual income, the property is already producing reliable cash flow from day one. Based on a purchase price of $850,000 and NOI of $65,600, the property is positioned at an approximately 7.72% cap rate, offering a compelling yield in a high-demand market. For investors focused on income, this is a clean, modern asset with built-in efficiency and strong long-term hold potential. The property consists of three two-story units, each offering approximately 1,750 finished square feet with 3 bedrooms and 2.5 bathrooms. Units feature open-concept main levels, spacious living areas, modern kitchens, and dining spaces, along with white cabinetry, quartz countertops, stainless steel appliances, and durable LVP flooring. Each unit also includes a main-level half bath and sliding patio doors that add livability and tenant appeal.

## Location

- **Address:** 225 Clymer Road, Hiawatha, IA 52233
- **County:** Linn
- **Coordinates:** 42.049459, -91.673416
- **Google Maps:** https://www.google.com/maps?q=42.049459,-91.673416

## Listing Agent

- **Name:** JJ Johannes
- **Brokerage:** Epique Realty
- **Phone:** (712) 264-5678
- **Email:** JJ@iahomes.com

## Primary Photo

![225 Clymer Road - Primary Photo](http://lh.rdcpix.com/3c5e174d11f7761bee554e233599ef7cl-f619087394r.jpg)

*28 total photos available on [listing page](https://www.propertysimple.com/listing/225-clymer-road-hiawatha-ia-52233-a734600)*

---

**MLS#:** 734600 | **Updated:** 2026-06-18
**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.com/listing/225-clymer-road-hiawatha-ia-52233-a734600)

---

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