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Listed price in listed location currency (USD).
$850,000

930

MLS® 734600

Overview

Key Facts

Type Other
Levels Residential Income
Size 5250 sqft
Garage No
Maintenance Fees 
Taxes $464
Days Active 2
Approx. Age 2026
Avg. Price Per Sqft $161
MLS® Number 734600

Property Address: 225 Clymer Rd, Hiawatha, IA, 52233-1111

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number734600
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelUpper Level
Exposure
Exterior
GarageNo
Approx. Age2026
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$850,000List Price

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