About This Home

This 0-bedroom, 0-bathroom residential multi family at 306 S 5th Street in Guthrie Center, IA is listed for $375,000 ($50 per sqft). Built in 1977, the home offers 7,440 sqft of living space on a 0.58 acres lot.

Key Features

  • Built in 1977
  • 0.58 acre lot
  • 2 stories

Property Details

2 stories
1-car garage
1977

Amenities

A/C
Listing Description

Investment Property for Sale - Income producing 6-unit apartment building in Guthrie Center. Each unit offers 2 bedrooms, 1 full bath, open concept, deck or patio, lower-level storage and access to a detached 6-stall garage, with each tenant assigned one garage stall.

The property also provides ample additional parking. Great location! Minutes away from downtown Guthrie Center, walking trail, ACGC schools and ballfields. Perfect opportunity for investors looking for cash flow and long-term appreciation. Apartment building is 100% full with a strong rental history over the years. Call the listing agent today to receive a income, and expense spreadsheet.

Monthly Cost Estimate

$2,006/mo

20% down · 6.5% · 30 years

Principal$271
Interest$1,625
Insurance$109

Estimates only. Actual payments may vary.

Location

306 S 5th Street

Guthrie Center, IA 50115

Property Details

Flooring

CarpetVinyl

Construction

Brick

Parking

Garage

Heating

Natural GasHot Water(Heating)

Cooling

Window Unit(s)

Appliances

RefrigeratorStove

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 306 S 5th Street is listed at $375,000 ($50/sqft). The estimated monthly payment is $2,005 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1977, 0.58 acre lot, 2 stories.

This property is listed by Rod Robson.

RR

Rod Robson

Agent at Lake Panorama Realty

Listed by Lake Panorama Realty · Broker phone: (641) 755-5253 · View on Broker Site · Broker website

MLS# 746602· Source: Des Moines Area Association of REALTORS®, Inc.· 77 days on PropertySimple

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.

306 S 5th Street, Guthrie Center, IA 50115

Open this listing in: