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MLS # 726452 - 2121 Greene Street, Adel, IA 50003

$2,200,000

New Listing
  • MLS# 726452
  • Bedrooms 33
  • Bathrooms 24
  • Total Sq.ft N/A
  • Property Type Multi-Family
  • Year Built 1984

Property 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.

Legal: ADEL VILLAGE CONDOS BLDG B
Active

Property Information

  • 726452
  • $2,200,000
  • 2121 Greene Street
  • Adel
  • Adel
  • Dallas
  • IA
  • Sale
  • MultiFamily
  • West On Hickman (turns into Green Street in Adel), building B on left side of road.
  • 1
  • 1984
  • 24
  • 33
  • 50003

LISTED BY

EXIT Realty & Associates, Timothy Schutte (515.681.5677) & EXIT Realty & Associates, Jasmina Salkic-Schutte (319.883.6995)

Property Location

Request Info For MLS #726452

The Slavin & Partners Team @ RE/MAX Precision - Licensed In Iowa Each Office Independently Owned And Operated.

The Slavin & Partners Team @ RE/MAX Precision

Licensed In Iowa Each Office Independently Owned And Operated.

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