225 Clymer Road, Hiawatha, IA 52233

$850,000

This brand-new multifamily property in Hiawatha offers a rare low-maintenance investment opportunity in a high-demand location near I-380, schools, and medical centers. The newly constructed building features three two-story units, each with approximately 1,750 finished square feet, 3 bedrooms, and 2.5 bathrooms. Each unit includes an open-concept main level with spacious living, kitchen, and dining areas, highlighted by white cabinetry, quartz countertops, stainless steel appliances, durable LVP flooring, and a convenient half bath. Sliding patio doors provide access to outdoor space, enhancing tenant appeal. Upstairs, each unit offers a private primary suite with a walk-in closet and ensuite bath, two additional bedrooms, a full hallway bathroom, and upper-level laundry. Built for long-term efficiency, the property includes a brand-new roof, furnaces, air conditioning systems, appliances, and finishes throughout, resulting in minimal maintenance and predictable operating costs. All utilities are separately metered, and the off-street parking lot provides ample space with flexible assignment options. With no HOA or restrictive covenants, investors maintain strong flexibility for long-term, mid-term, or short-term rental strategies, subject to local regulations. Currently fully vacant, the property allows for immediate lease-up and optimized rent positioning in a growing community, making it an attractive opportunity for both new and experienced investors.

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