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1511 5th Street, Boone, IA 50036

$60,000

  • MLS# 748920
  • Bedrooms 2
  • Bathrooms 1
  • Total Sq.ft 840
  • Property Type Residential
  • Style Ranch
  • Stories 1
  • Basement Unfinished
  • Year Built 1884

Property Description

INVESTOR PORTFOLIO OPPORTUNITY! Three occupied rental properties in Boone offered together for $220,000. The portfolio includes 1511 5th St, 422 8th St, and 1415 5th St. All three homes are currently occupied and feature 2 bedrooms and 1 bathroom. Combined rental income is $2,350/month, providing a strong 12.8% gross rent to purchase price ratio before expenses. A great opportunity for an investor looking to acquire multiple income producing properties in one transaction. All three properties are being sold AS IS. Please do not disturb tenants. Showings require appropriate notice.

Legal: W 45' OF E 90' OF LOTS 6 & 7 BLOCK 171 NW NW
Active

Property Information

748920 $60,000 Sale Residential Ranch Residential 1511 5th Street Boone Boone IA 50036 2 840 1 1 1 Unfinished 840 Carport, Detached, Garage, O 1 Boone 1575.73 1884 Boone

Features

Ranch Dryer, Refrigerator, Stove, Washer

Utilities

ForcedAir, Gas, NaturalGas Public PublicSewer CentralAir No

Miscellaneous

Asbestos, WoodSiding

LISTED BY

Keller Williams Realty GDM, Kala Yamen (515.205.2171)

Property Location

Request Info For MLS #748920

lauren@agencyiowa.com (Real Estate Agent)

Lauren Moore

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Ankeny, IA 50023
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lauren@agencyiowa.com

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This Residential property at 1511 5th Street (MLS # 748920) is located in Boone, IA. Listed on Lauren Moore Realtor, this Residential home is priced at $60,000. This 2 bedroom property in Boone at 1511 5th Street offers 840 sqft, 1 bathrooms, and was built in 1884. Whether you're looking for new listings in Boone or specifically on 1511 5th Street, you'll find all the market statistics and community information you need here.

Information is deemed to be reliable, but is not guaranteed. © 2026 . The advertisers and publishers are not responsible or liable for misinformation, misprints, or other errors. All information provided is deemed reliable but is not guaranteed and should be independently verified. Prices subject to change without notice. Properties subject to prior sale or rental.