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1465 Allen Avenue

Garner, IA 50438
  • $199,500
  • STATUS: Active Under Contract
  • ON SITE: 13 Days
  • MLS #: 6335289
Under Contract
UPDATED: 91 min ago
$199,500
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,440
    SQFT
  • $139
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:
Area:

School Ratings & Info

Description

Well-maintained single-story duplex offering an excellent income-producing opportunity in a highly walkable location near schools and downtown. This side-by-side frame building features two separate 2-bedroom, 1-bath units, each with its own living room and kitchen/dining area. The property includes a shared interior stairway to the basement, with separate, private basement areas for each unit, divided by locking doors—ideal for storage, mechanicals, and tenant privacy. Major updates provide peace of mind, including a new roof (2008), new windows and siding (2018), and new heating systems (2021). There is no central air, but the property has been well cared for and efficiently maintained. Off-street parking is available on the lot, and the walkable location adds strong rental appeal. Both units are currently occupied by tenants who would like to remain, making this a turn-key investment with immediate cash flow. Financials available to qualified buyers. Whether you’re expanding your rental portfolio or looking for a low-maintenance income property, this duplex is a smart addition.

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© 2026 North Central Iowa MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS as distributed by MLS Grid or Jane Fischer & Associates. Data last updated: 2026-02-16T23:54:04.57.

Based on information submitted to the MLS GRID as of 2026-02-16T23:54:04.57(date and time MLS Grid Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.janefischer.com/homes/172690526
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1465 Allen Avenue Garner, IA 50438

  • Price: $199,500
  • Status: Active Under Contract
  • On Site: 13 Days
  • Updated: 91 min ago
  • MLS #: 6335289
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1,440
SQFT
$139
$/SQFT
1972
Built
Neighborhood:
Ford Addition
County:
Hancock
Area:
Garner
Property Description
Well-maintained single-story duplex offering an excellent income-producing opportunity in a highly walkable location near schools and downtown. This side-by-side frame building features two separate 2-bedroom, 1-bath units, each with its own living room and kitchen/dining area. The property includes a shared interior stairway to the basement, with separate, private basement areas for each unit, divided by locking doors—ideal for storage, mechanicals, and tenant privacy. Major updates provide peace of mind, including a new roof (2008), new windows and siding (2018), and new heating systems (2021). There is no central air, but the property has been well cared for and efficiently maintained. Off-street parking is available on the lot, and the walkable location adds strong rental appeal. Both units are currently occupied by tenants who would like to remain, making this a turn-key investment with immediate cash flow. Financials available to qualified buyers. Whether you’re expanding your rental portfolio or looking for a low-maintenance income property, this duplex is a smart addition.
Exterior Features

Construction Materials Vinyl Siding Roof Shingle

Interior Features

Basement Sump PumpUnfinishedShared Access Fireplace YN No Fireplaces Total 0 Heating Forced Air

Property Features

Accessibility Features None Auction YN No Contingency None Electric Circuit Breakers Electric Expense 0 Fuel ElectricNatural Gas Fuel Expense 0 Gross Income 19304.68 Homestead Description None In Foreclosure No Listing Terms CashConventional Lot Size Dimensions 132x82 Cornerlot Maintenance Expense 0 Manager Expense 0 Net Operating Income 7845.83 Net Taxes 2364 Operating Expense 11458.8 Owner Pays Cable TVElectricityLawn CareSewerSnow RemovalTrash CollectionWater Property Sub Type Duplex Road Frontage Type City Street Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 2364 Tax Legal Description FORD ADD LOT 42 Tax Year 2024 Trash Expense 0 Water Sewer Expense 0 Water Source Public Yearly Seasonal Yearly

Listing information © 2026 North Central Iowa MLS.
Listing provided courtesy of Jill Kramer of Lakeside Brokers: 641-357-5114 of North Central Iowa MLS as distributed by MLS Grid.



© 2026 North Central Iowa MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS as distributed by MLS Grid or Jane Fischer & Associates. Data last updated: 2026-02-16T23:54:04.57.

Based on information submitted to the MLS GRID as of 2026-02-16T23:54:04.57(date and time MLS Grid Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Jane Fischer & Associates
1002 East State St. Suite B
Mason City IA, 50401