$630,000
$650,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
8 Baths
826 SqFt
SOLD DATE : 10/31/2025
Key Details
Sold Price $630,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 826 sqft
Price per Sqft $762
MLS Listing ID 725311
Sold Date 10/31/25
Bedrooms 16
Full Baths 8
HOA Y/N No
Year Built 1979
Annual Tax Amount $8,936
Property Description
Exceptional investment opportunity in Boone! This well-maintained 8-unit multifamily property at 1121 & 1127 Parkway Drive offers a strong rental history and desirable location. Each building features spacious apartments with functional layouts, garage, parking, and tenant-friendly amenities. Situated in a quiet residential neighborhood with convenient access to schools, shopping, and major roadways, this property attracts long-term renters and delivers steady cash flow. Whether you're adding to your portfolio or making your first multifamily purchase, this turnkey asset is a solid choice with upside potential.
Location
State IA
County Boone
Area Boone
Zoning RES
Interior
Heating Forced Air, Gas, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Detached, Garage
Garage Spaces 4.0
Garage Description 4.0
Utilities Available Electricity Available, Natural Gas Available
Roof Type Asphalt,Shingle
Private Pool No
Building
Foundation Block, Slab
Water Public
Schools
School District Boone
Others
Tax ID 088426331382037
Monthly Total Fees $744
Acceptable Financing See Remarks
Listing Terms See Remarks
Financing Cash
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