318 W Main St, West Branch, IA 52358

Sqft
2,125

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Listed byJeff Hagel
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Overview

RARE DUPLEX BACKING TO HERBERT HOOVER NATIONAL HISTORIC SITE.Opportunity knocks with this unique income-producing duplex in the heart of West Branch. Situated on a 0.17-acre lot and backing directly to the Herbert Hoover National Historic Site, this property combines small-town charm, rental income, and a location that is difficult to replicate. Whether you are an investor seeking dependable cash flow or a homeowner looking to offset your mortgage by renting one unit, this property offers exceptional flexibility and value.INCOME POTENTIAL Currently generating $1,800 per month in rental income, or approximately $21,600 annually. This property offers immediate income potential as both units are leased but also provides room for future appreciation.WHY THIS PROPERTY STANDS OUT The upper unit's rare 3-bedroom, 3-bathroom layout is uncommon in comparable duplex properties and offers exceptional appeal for families, professionals, or owner-occupants. Combined with the lower-level walkout apartment, the property provides flexibility for investors, house hackers, and multi-generational living arrangements.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,125
Lot size (acres)
0.17
Year built
1899

Interior features

Basement
Yes

Utilities

Heating
Baseboard, Steam
Cooling
Window Units
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2024)
$2,150

Public schools

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Sourced from: Iowa City Area Association of Realtors MLS®#: 202604231 Last checked:

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