# 546 2nd Street, Webster City, IA 50595

> **TL;DR:** 10bd/8ba residential multi family, $875,000 ($44/sqft), 19,980 sqft.
> A/C. Est. $4,679/mo. Listed 7 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $875,000 |
| Price/sqft | $44 |
| Bedrooms | 10 |
| Bathrooms | 8 |
| Square Feet | 19,980 |
| Lot Size | 10,890 sqft (0.25 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 7 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,424 |
| Estimated Insurance | $255 |
| **Total** | **$4,679** |

## Key Amenities

- A/C

## Property Highlights

- 0.25 acre lot

## Description

### Agent Description
Prime mixed-use investment in Webster City's downtown retail corridor. This 19,902 SF brick & steel building features 11 apartments (6 one-bed, 2 two-bed, 3 studio) plus 2 commercial suites with strong long-term leases: Suite 1 at $2,333/mo on a 3-year lease and Suite 2 at $900/mo on a 4-year lease. Renovated in 2026: new roof, PEX plumbing, RTU, furnaces, appliances, security cameras & key fob access. RUBS system reduces utility exposure. Pro forma gross monthly income of $11,200 at stabilized occupancy. Annual NOI of $72,554 - 8.3% cap rate. 86% occupied, mostly year-plus leases. Coin laundry on-site. Priced at $44/SF. Value-add upside on 2 vacant units.

## Location

- **Address:** 546 2nd Street, Webster City, IA 50595
- **County:** Hamilton
- **Coordinates:** 42.469131, -93.819014
- **Google Maps:** https://www.google.com/maps?q=42.469131,-93.819014

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/546-2nd-Street-Webster-City-IA-50595/unbranded

## Listing Agent

- **Name:** Scott Underberg
- **Brokerage:** Guthrie and Associates Real Estate
- **Phone:** 5155712761

## Primary Photo

![546 2nd Street - Primary Photo](http://lh.rdcpix.com/44606b93018529c2337f953a713860d7l-f3209308162r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.ai/listing/546-2nd-street-webster-city-ia-50595-ia30042)*

---

**MLS#:** 30042 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Fort Dodge Board of Realtors. 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.ai/listing/546-2nd-street-webster-city-ia-50595-ia30042)

---

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