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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$529,900

Est. payment - /mo

5,952 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 5,952 sqft

Price per Sqft $89

MLS Listing ID 12712388

Year Built 1948

Annual Tax Amount $6,382

Tax Year 2024

Lot Size 10,890 Sqft

Property Sub-Type Multi Family 5+

Property Description

Outstanding investor opportunity to add a high-performing, turnkey asset to your portfolio! Conveniently located in the heart of Blue Grass, this 8-unit multi-family property delivers steady, continuous cash flow from day one. Positioned just off Highway 61 and only ten minutes from the Quad Cities, the property benefits from a strong local rental demand and consistently low turnover. The building features clean, functional unit layouts designed for low-maintenance upkeep, alongside dedicated off-street parking for tenant convenience. On-site coin-operated laundry facilities provide additional income streams while enhancing property utility for residents. With its prime central location, established tenancy, and strong income history, 114 S Mississippi St is an ideal operational addition for both seasoned multi-family investors and portfolio builders.

Location

State IA

County Scott

Area Blue Grass

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

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Listed by Ashley Block of Ruhl&Ruhl REALTORS DeWitt

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Garrett Johnson

+1(847) 337-1157

Agent | License ID: 475.188206

Agent License ID: 475.188206

114 S Mississippi ST Blue Grass, IA 52726

Garrett Johnson

Key Details

Location

Interior

Building

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