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Listed price in listed location currency (USD).
$2,200,000

33240
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes $26,550
Days Active 27
Approx. Age 1984
MLS® Number 726452

Property Address: 2121 Greene St, Adel, IA, 50003-1654

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

Description

Investment Opportunity in Adel, IA. This 24-unit multifamily property offers a balanced mix of 12 two-bedroom units, 9 one-bedroom units, and 3 studio apartments. Each residence features a full bathroom along with essential appliances including stove, refrigerator, microwave, and dishwasher (dishwasher not included in studios). Approximately 50% of the units have been fully renovated with modern upgrades—new flooring, fresh paint, updated trim, enhanced lighting, stylish kitchen cabinetry, and updated appliances. On-site coined laundry adds convenience for residents. With its prime location and strong rental mix, this property presents an excellent opportunity for investors seeking both immediate income and long-term growth potential.
MLS® Number726452
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelMain Level, Upper Level
Exposure
Exterior
GarageNo
Approx. Age1984
Stories
Pets

Included in Maintenance Fee

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

Utilities

HeatForced Air, Gas, Natural Gas
A/CCentral Air
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 17, 2025List Date
$2,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
2121 Greene St, Adel, IA

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