About This Home

This 0-bedroom, 0-bathroom residential multi family at 404 Third Street in Clearfield, IA is listed for $130,000. on a 0.29 acres lot.

Key Features

  • 0.29 acre lot
Listing Description

Preferred Properties presents a new investment opportunity in Clearfield! Expand your portfolio with this income-producing property featuring three separate manufactured homes situated on a shared lot, providing multiple rental income streams from a single property.

Each home offers 2 bedrooms and 1 bathroom, making them attractive options for tenants seeking comfortable, affordable living. Unit 1 has been enhanced with modern updates, including an updated bathroom and newer flooring. The property has a strong history of generating rental income and is well-equipped for tenant convenience, with private parking available for each unit.

The shared yard maintains the practicality and efficiency of a multi-unit investment. Whether you're looking to add to your existing portfolio or purchase your first income property, this established rental offers immediate investment potential in Southwest Iowa.

Monthly Cost Estimate

$695/mo

20% down · 6.5% · 30 years

Principal$94
Interest$563
Insurance$38

Estimates only. Actual payments may vary.

Location

404 Third Street

Clearfield, IA 50840

Property Details

Construction

Vinyl Siding

Heating

Natural Gas

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 404 Third Street is listed at $130,000. The estimated monthly payment is $695 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.29 acre lot.

This property is listed by Maury Moore and can be reached at 6413332705.

MM

Maury Moore

Agent at Preferred Properties of Iowa, Inc.

(641) 333-2705

Listed by Preferred Properties of Iowa, Inc. · Broker phone: 6413332705 · View on Broker Site

MLS# 11878426· Source: My State MLS· 70 days on PropertySimple

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

404 Third Street, Clearfield, IA 50840

Open this listing in: