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Nevada, IA 50201,1521 S G Avenue
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Nevada, IA 50201,1521 S G Avenue
Nevada, IA 50201,1521 S G Avenue
Nevada, IA 50201,1521 S G Avenue
Nevada, IA 50201,1521 S G Avenue
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Traci Jennings

Traci Jennings

+1(515) 291-8720
$ 2,100,000
Est. payment /mo
Save
Active

1521 S G Avenue Nevada, IA 50201

1 Bed

32 Baths

16,594 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,594 sqft

Price per Sqft $126

MLS Listing ID 730729

Bedrooms 1

Full Baths 32

HOA Y/N No

Year Built 1997

Annual Tax Amount $19,466

Tax Year 2024

Lot Size 2.050 Acres

Acres 2.05

Property Description

Nevada Living Apartments presents a strong, turnkey investment opportunity in the heart of Nevada, IA. This fully stabilized, recently renovated 32-unit complex features efficient studio apartments, each with its own, newly renovated, kitchen. An on-site laundry room with coin-operated machines provides additional revenue, while a spacious 2-bedroom manager's apartment allows for convenient, built-in oversight or added rental income. A utility monitoring system has also been installed to maximize cost efficiency. With modern updates, reliable occupancy, and multiple income streams, this property offers long-term stability in a growing community.

Broker has a financial interest.

Location

State IA

County Story

Area Nevada

Zoning MR R3

Rooms

Basement Crawl Space

Interior

Interior Features See Remarks

Heating Natural Gas, See Remarks

Fireplace No

Appliance See Remarks

Exterior

Community Features See Remarks

Roof Type Asphalt,Shingle

Private Pool No

Building

Lot Description Irregular Lot

Foundation See Remarks

Sewer Public Sewer

Water Public

Schools

School District Nevada

Others

Tax ID 11-17-116-125

Monthly Total Fees $1, 622

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

©2026 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by WB Realty Company
Traci Jennings

Traci Jennings

Broker/Owner | License ID: B58326000

+1(515) 291-8720

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