Ad #7840429
MLS #6338015
Exceptional opportunity to acquire a fully renovated
1906 90th Ave, Algona, Iowa, 50511
$1,200,000
0Beds
0Baths
0Sqft
0Acres
About this property
Exceptional opportunity to acquire a fully renovated multi-family asset with strong in place income & significant upside potential. This facility has been thoughtfully converted into a well maintained apartment complex, offering immediate, significant cash flow. The property features updated units with modern finishes, attractive stable tenancy & consistent rental demand. Major improvements have already been completed, allowing a new owner to step into a turn key investment with minimal deferred maintenance. The expansive lot offers ample space for additional development. This flexibility provides multiple avenues to increase revenue and overall asset value. Located in a stable rental market in Algona, the property benefits from steady demand and a strong tenant base, making it ideal for both seasoned investors & those looking to grow their portfolio. Whether you're seeking a reliable income producing property or a strategic investment with future development potential, this offering delivers on both fronts. Currently there are 12 apartments & 2 studio commercial spaces with garages.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1940
0 Acres
Garage - Detached
Siding: Brick
Forced Air
$8,230 / yr property tax
Kossuth County
Additional Photos
Contact Information
Matthew Muller
Farm & Home Services
515-341-5405
Location
Listing Agent: Matthew Muller 515-341-5405
Broker: Farm & Home Services 515-295-2401 Listing Site
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Farm & Home Services 515-295-2401 Listing Site
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jun 8, 2026
Photo Gallery
$1,200,000
0
Beds
0
Baths
0
Sqft
1906 90th Ave, Algona, Iowa, 50511
By contacting this agent you agree to these Terms and Conditions.
MLS# 6338015
Exceptional opportunity to acquire a fully renovated
$1,200,000
1906 90th Ave, Algona, Iowa, 50511
0
Beds
0
Baths
0
Sqft
0
Acres
$1,200,000
1906 90th Ave, Algona, Iowa, 50511
0 Beds
0 Baths
0 Sqft
0 Acres
Accessibility Features
Accessible Elevator Installed
Exceptional opportunity to acquire a fully renovated multi-family asset with strong in place income & significant upside potential. This facility has been thoughtfully converted into a well maintained apartment complex, offering immediate, significant cash flow. The property features updated units with modern finishes, attractive stable tenancy & consistent rental demand. Major improvements have already been completed, allowing a new owner to step into a turn key investment with minimal deferred maintenance. The expansive lot offers ample space for additional development. This flexibility provides multiple avenues to increase revenue and overall asset value. Located in a stable rental market in Algona, the property benefits from steady demand and a strong tenant base, making it ideal for both seasoned investors & those looking to grow their portfolio. Whether you're seeking a reliable income producing property or a strategic investment with future development potential, this offering delivers on both fronts. Currently there are 12 apartments & 2 studio commercial spaces with garages.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1940
0 Acres
EXTERIOR
Garage - Detached
Siding: Brick
INTERIOR
Forced Air
FINANCIAL & COMMUNITY
$8,230 / yr property tax
Kossuth County
See More Details
Location
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Ad Statistics
Ad Number
7840429
Viewed
0 time
Listing Status
Active
Added
May 13, 2026
Last Refresh
Jun 08, 2026 09:04:43 PM
Listing Information
Data Source
NoCoast MLS
Source Property ID
6338015
Listing Agent: Matthew Muller 515-341-5405
Broker: Farm & Home Services 515-295-2401 Listing Site
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Farm & Home Services 515-295-2401 Listing Site
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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