About This Home

This 4-bedroom, 0-bathroom residential multi family at 510 2ND Street in De Witt, IA is listed for $250,000 ($120 per sqft). Built in 1890, the home offers 2,087 sqft of living space on a 0.20 acres lot.

Key Features

  • Built in 1890
  • 0.20 acre lot
  • 2 parking spaces

Property Details

3 full
2-car garage
1890
Listing Description

Excellent Investment Opportunity--Fully Occupied Three-Unit Property in a Quiet Small-Town Setting. Discover a well-maintained three-unit apartment building featuring stable, long-term tenants and strong rental history. This solid income-producing property offers a low maintenance investment in a peaceful small-town location, making it an ideal addition to any real estate portfolio.

Each unit is comfortably sized with practical layouts, and the property has been well maintained. With all units currently occupied, investors can enjoy immediate cash flow and the confidence of established tenant relationships. Whether you're expanding your portfolio or looking for you first multi-unit investment, this property delivers dependable returns and long-term potential.

Unit 1 NumberParking: 1 Unit 1 NumberCovered: 1 Unit 2 NumberParking: 1 Unit 2 NumberCovered: 1 Unit 3 NumberParking: 1 Unit 3 NumberCovered: 1

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

510 2ND Street

De Witt, IA 52742

Property Details

Construction

Vinyl Siding

Parking

Garage

Heating

Forced AirBaseboardElectric (Heating)Natural Gas

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 510 2ND Street is listed at $250,000 ($120/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1890, 0.20 acre lot, 2 parking spaces.

This property is listed by Brenda O'Neil.

BO

Brenda O'Neil

Agent at NextHome QC Realty

Listed by NextHome QC Realty · Broker phone: (309) 429-2669 · View on Broker Site

MLS# QC4269614· Source: Midwest Real Estate Data, LLC· 345 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

510 2ND Street, De Witt, IA 52742

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